Sonata Software Shares Crash 12% Amid Stock Market Volatility; What’s Spooking Investors About The IT Stock?

Sonata Software Share Price Today: Shares of the Bangalore-headquartered IT firm, Sonata Software crashed more than 12% during the opening session on Thursday. The sudden meltdown came a day after the company announced an update related to its Q4FY25 result.

Sonata Software on Wednesday said that its revenue estimates for the March quarter of financial year 2024-25 will be significantly lower than expected. The decline in revenue estimates is likely hinder its international expansion and business growth during the quarter under preview.

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Sonata Software Share Price Crash

Sonata Software stock crashed nearly 12% during the pre-opening session. The IT sector stock touched an intraday low mark of Rs 290 per share on BSE on Thursday, which was 13% lower than its previous closing mark. The company scrip had closed at Rs 335 apiece on BSE on Wednesday. Sonata Software later recovered and was trading 8.2% lower on BSE at Rs 307.25 apiece at 10:20 am.
The company stock had touched tis 52-week-high mark of Rs 762.00 apiece on 30 July, 2025. On 7th April 2025, the company stock tanked to its 52-week-low mark of Rs 286.40 apiece on BSE.

Sonata Software Share Price Trade Volatility

Decline in Sonata Software share price has come in the backdrop of sudden spike in trading volume of the company scrip. According to BSE, Sonata Software scrip witnessed a spurt in volumes by 6.6 times on Wednesday. The company scrip was bought 61,518 times (in terms of quantity) and sold by 29,643 times (in terms of quantity) on BSE.

Sonata Software Share Price Crash: What Led To IT Stock Price Crash ?

The company had said that decline in revenue estimates from its biggest client is likely to impact its revenue outcome in the Q4FY25 result. "We would like to inform you that the revenue estimates for Q4 2024-25 from our largest client are likely to be lower than anticipated, resulting in lower revenue from our international business for the said quarter than previously envisioned during the previous Analyst/Investor call held on 6th February 2025," read a BSE filing by Sonata Software released on Wednesday.

IT Stock Underperform Today

Decline in Sonata Software share price coincided with the decline in the value of other IT stocks including Infosys, Wipro, LTI Mindtree, etc. Sudden change in investors's sentiment towards IT sectors stocks has come in the backdrop of lower-than-expected revenue outcome and guidance of IT heavyweights including TCS and Wipro. Stock market investors are keenly waiting for the outcome of Wipro Q4 Result today as it will help clear the air of IT sector's outlook for the coming months.

Stock Market Today

The Indian stock market opened on a turbulent note amid stock market volatility. Nifty and Sensex made a gap down start of the session as the weak market sentiment continued post US Stock market's weak closing on Wednesday. Nifty and Sensex are continuing to hold grounds and maintain the gains which they made during the Tuesday's stellar rally.