Sonata Software’s stock dropped 24% in two weeks due to weak Q3 results, impacted by a key client ramp-down. Analysts expect continued short-term pressure but foresee a turnaround in H2 FY26 as order bookings improve. Client concentration remains a concern.
A $73 billion short book is putting pressure on rupee
The Indian rupee is underperforming among emerging Asian currencies due to the Reserve Bank of India’s (RBI) strategy to bolster its foreign-exchange reserves. The RBI’s
June 2, 2025