New Delhi, April 28 -- Shares of Sonata Software rose by up to 7 per cent on Monday, April 28, following the announcement of a five-year, $73 million contract win from a U.S.-based company in the technology, media, and telecom (TMT) sector.

At 1:10 am, Sonata Software share price touched an intraday high to Rs.364.70 apiece. The stock has rallied over 11 per cent in past five trading sessions.

Sonata Software announced that the multi-year partnership aims to support the US-based company's digital strategy by boosting global scalability, speeding up innovation, and optimizing IT operations through a strategic, AI-first outsourcing approach.

Sonata Software announced plans to set up a dedicated AI-powered Modernisation Engineering Center...