Sonata Software shares plunged 15.1% after reporting a 1.4% sequential decline in Q3 profit to Rs 105 crore, impacted by margin erosion due to a top-client ramp-down. Revenue rose 14% YoY to Rs 2,842.8 crore. The company expects a revenue dip in Q4 but anticipates AI-driven growth.
Beyond the Nifty slump: Sandeep Bagla on why largecap valuations are ripe for comeback in 2026
Sandeep Bagla of TRUST Mutual Fund sees corrected large-cap valuations as a prime entry point for 2026, especially in banking and IT. Their new Large