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IT stocks tumble on OpenAI's push into AI adoption
Indian IT stocks experienced a significant downturn on Tuesday, with the Nifty IT index plummeting 3.7% to a three-year low. This decline was triggered by OpenAI's substantial investment in AI adoption, raising concerns about its impact on traditional software services business models.
Aurionpro Solutions Ltd leads losers in 'A' group
Manorama Industries Ltd, Paisalo Digital Ltd, Sonata Software Ltd and Thangamayil Jewellery Ltd are among the other losers in the BSE's 'A' group today, 12 May 2026.
—Q4 Results Review: Indian Hotels, MCX, Oberoi Realty, Sonata Software, Birla Corp
HDFC Securities, in its latest Q4 FY26 results review, has shared a mixed outlook across a wide set of stocks including Indian Hotels, MCX, Oberoi Realty, Sonata Software, Birla Corp
Oracle Financial Services Software Ltd down for fifth straight session
Oracle Financial Services Software Ltd is quoting at Rs 9277.5, down 0.73% on the day as on 13:19 IST on the NSE. The stock jumped 6.47% in last one year as compared to a 3.97% slide in NIFTY and a 22.99% fall in the Nifty IT index.
Sonata Software rallies 13% after Q4 profit climbs 21%; dividend declared
For the March quarter of FY2026 (Q4FY26), Sonata Software reported a net profit of ₹130.5 crore, up 21.4 per cent from ₹107.53 crore reported in the year-ago period.
Maral Overseas Ltd leads gainers in 'B' group
Anuroop Packaging Ltd, Cybertech Systems & Software Ltd, We Win Ltd and Sandur Manganese & Iron Ores Ltd are among the other gainers in the BSE's 'B' group today, 08 May 2026.
Sonata Software shares rally 10% as Q4 net profit rises 21% despite revenue contraction; firm announces dividend
Sonata Software shares surged nearly 10% after the company reported a 21% rise in Q4 FY26 net profit, despite a decline in revenue. Strong EBITDA growth and deal wins supported sentiment, while the firm announced a final dividend. Segment performance remained steady, with gains in both international and domestic businesses.
Stock Alert: Sonata Software, Bombay Stock Exchange, Dabur India, Lupin, Blue Star, NOCIL - Business Standard
Stock Alert: Sonata Software, Bombay Stock Exchange, Dabur India, Lupin, Blue Star, NOCILBusiness Standard
Five reasons why Sonata Software shares are up 9% on Friday
Sonata’s AI-led pipeline has surged to $335 million, with approximately $13.7 million in AI-specific wins already recorded. Cloud and Data services business is now accounting for 65% of total revenue in FY26, up from 52% in FY24.
India's mid-tier IT firms narrow new business gap with the larger rivals
Coforge, Mphasis and five similar companies saw growth moderate, but their decline in new business in FY26 was slower than that of the country’s six largest software exporters, which include the likes of Tata Consultancy Services (TCS) and Infosys.
Sonata Software Q4 profit jumps 25% QoQ despite revenue dip; declares dividend
Earnings before interest and taxes (EBIT) increased 5.6% to ₹183.3 crore versus ₹173.7 crore in the previous quarter. EBIT margin stood at 7.2% compared with 5.6% quarter-on-quarter. Shares of Sonata Software Ltd ended at ₹271.65, up by ₹2.00, or 0.74%, on the BSE today, May 7.
KPIT Technologies shares slide 4% as Q4 profit falls 33% YoY to Rs 163 crore
KPIT Technologies shares fell sharply on Thursday. The automotive software firm reported a 33% year-on-year decline in net profit for the March quarter. This occurred despite a healthy 12% rise in revenue. Operating expenses increased significantly. The company's board recommended a final dividend. Management cited global uncertainties impacting the mobility sector.