 "Sonata Software, Datamatics Global hit 52-week highs on heavy volumes")
Shares of information technology (IT) companies – Sonata Software and Datamatics Global Services – have rallied up to 14% and hitting their respective 52-week highs on the BSE in intra-day trade.
Sonata Software has rallied about 7% to Rs 196, extending its past two trading days 7% gain on the BSE after the announced that it has been granted a patent for enabling users to be notified across web, SMS, email and in-app push notifications.
The patent was granted for a key technology innovation in the Halosys mobility platform, which the Bengaluru-based company got through an acquisition that enables users based on events matching a pre-configured set of filters including the user’s location, time of day, along with the data from the event’s object graph, Sonata Software said in a release.
Datamatics Global Services has surged 14% to 111 on back of an over three-fold jump in trading volumes. A combined 3.43 million shares have already changed hands till 11:37 am, against an average sub one million shares that were traded daily in past two weeks on the BSE and NSE.
Since November 11, 2016, post July-September (Q2FY17) results, the stock outperformed the market by gaining 40% as compared to 1.4% decline in the S&P BSE Sensex.
Datamatics Global Services had reported a consolidated net profit of Rs 2.11 crore in Q2FY17 against profit of Rs 45 lakh in Q2FY16.
Saksoft, HCL Infosystems, Trigyn Technologies, D-Link (India), Take Solutions, Smartlink Network Systems, Ramco Systems and Mastek are among others from the mid and small-sized IT companies trading higher by up to 6% in otherwise weak market. The S&P BSE Sensex was down 0.22% at 26,430.
Sonata Software has rallied about 7% to Rs 196, extending its past two trading days 7% gain on the BSE after the announced that it has been granted a patent for enabling users to be notified across web, SMS, email and in-app push notifications.
The patent was granted for a key technology innovation in the Halosys mobility platform, which the Bengaluru-based company got through an acquisition that enables users based on events matching a pre-configured set of filters including the user’s location, time of day, along with the data from the event’s object graph, Sonata Software said in a release.
Datamatics Global Services has surged 14% to 111 on back of an over three-fold jump in trading volumes. A combined 3.43 million shares have already changed hands till 11:37 am, against an average sub one million shares that were traded daily in past two weeks on the BSE and NSE.
Since November 11, 2016, post July-September (Q2FY17) results, the stock outperformed the market by gaining 40% as compared to 1.4% decline in the S&P BSE Sensex.
Datamatics Global Services had reported a consolidated net profit of Rs 2.11 crore in Q2FY17 against profit of Rs 45 lakh in Q2FY16.
Saksoft, HCL Infosystems, Trigyn Technologies, D-Link (India), Take Solutions, Smartlink Network Systems, Ramco Systems and Mastek are among others from the mid and small-sized IT companies trading higher by up to 6% in otherwise weak market. The S&P BSE Sensex was down 0.22% at 26,430.
| COMPANY | LATEST | 1-WEEK BEFORE | GAIN(%) |
| SAKSOFT | 282.80 | 213.30 | 32.58 |
| PALRED TECHNOLOG | 105.70 | 84.30 | 25.39 |
| MASTEK | 180.70 | 146.05 | 23.72 |
| RAMCO SYSTEMS | 353.90 | 300.70 | 17.69 |
| SONATA SOFTWARE | 194.20 | 166.70 | 16.50 |
| GENESYS INTL. | 109.80 | 98.30 | 11.70 |
| MPHASIS | 573.30 | 515.90 | 11.13 |
| DATAMATICS GLOB. | 110.25 | 99.35 | 10.97 |
| TRIGYN TECHNO. | 130.80 | 118.10 | 10.75 |
| MOSCHIP SEMICON. | 56.75 | 51.45 | 10.30 |
| ATISHAY | 58.25 | 53.00 | 9.91 |
| INTENSE TECH. | 142.70 | 130.45 | 9.39 |
| SQS INDIA BFSI | 781.80 | 724.50 | 7.91 |
| SQS INDIA BFSI | 781.80 | 724.50 | 7.91 |
| MINDTREE | 499.00 | 468.30 | 6.56 |
| TAKE SOLUTIONS | 147.20 | 139.70 | 5.37 |
| ROLTA INDIA | 68.70 | 65.55 | 4.81 |
| GEOMETRIC | 251.00 | 240.30 | 4.45 |
| KPIT TECH. | 136.60 | 131.15 | 4.16 |
| CAMBRIDGE TECH. | 105.45 | 101.50 | 3.89 |
| L & T INFOTECH | 679.00 | 654.10 | 3.81 |
| BLS INTERNAT. | 1896.00 | 1828.00 | 3.72 |
| QUESS CORP | 682.20 | 657.95 | 3.69 |
| AXISCADES ENGG. | 189.40 | 183.45 | 3.24 |
| VEDAVAAG SYSTEMS | 60.95 | 59.05 | 3.22 |
| TCS | 2270.00 | 2206.25 | 2.89 |
| SASKEN COMM.TEC. | 416.00 | 404.30 | 2.89 |
| INFINITE COMP | 250.00 | 243.00 | 2.88 |
| PERSISTENT SYS | 617.30 | 600.85 | 2.74 |
| HCL TECHNOLOGIES | 819.65 | 799.60 | 2.51 |
| WIPRO | 465.00 | 454.20 | 2.38 |
| R SYSTEMS INTL. | 61.10 | 59.90 | 2.00 |
| INFOSYS | 996.60 | 977.50 | 1.95 |
| HINDUJA GLOBAL | 550.50 | 539.95 | 1.95 |
| VIRINCHI | 68.00 | 67.00 | 1.49 |
| COSYN | 193.90 | 191.20 | 1.41 |
| S&P BSE Sensex | 26430.00 | 26515.24 | 0.32 |
| S&P BSE IT Index | 9987.18 | 9774.47 | -2.13 |