India's Sonata Software jumps to record high on Bayer partnership

Sonata Software

15/03/2023 07:52

** Shares of Sonata Software  SOFT.NS  rises as much as
2.52% to 855.60, a record high
    ** IT services provider has been chosen as one of the top
system integration partners of global pharma and biotech firm
Bayer's cloud solution for agri-food industry
    ** Solution to benefit farmers seeking to track carbon
emission and capture, track disease, pest and weed pressure,
precision inputs, crop growth, rainfall data: SOFT.
    ** Solution to connect agricultural data and services and
drive traceability along the whole food production value chain,
says SOFT
    ** Trading volume above 1.25 mln shares as of 1:13 p.m. IST,
nearly twice the 30-day avg of 738,827 shares - Refinitiv data
    ** Of the six analysts tracking SOFT, five maintain "buy"
and one suggests "hold"; median TP is 775 rupees - Refinitiv
data



 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))