I have picked some stocks from midcap and small cap space. So, first stock which I like is Sonata Software. This stock is buzzing after a long time and volume participation is backing it up.

2 top stock recommendations from Aditya Arora

In August 2013, the share of Sonata Software was trading at Rs 18. Currently, its price is Rs 1,039.

Sonata Software Sees ‘Bullish Momentum’, Share Price Increases By 5000% In 10 Years - News18

KR Choksey recommended accumulate rating on Sonata Software with a target price of Rs 1148 in its research report dated August 01 2023.

Accumulate Sonata Software; target of Rs 1148: KR Choksey

Sonata Software, an Indian IT services co., has been awarded select tier partner status from Snowflake, the Data Cloud Co., for the US region. As a partner, Sonata will offer services to accelerate customers’ digital transformation. This recognition solidifies Sonata’s position as an advisor and tec…

Sonata Software becomes select tier partner with Snowflake in US Region

Developing cutting-edge digital solutions

Sonata Software to build digital hub for tourism player TUI Group

Sonata Software and TUI Group will also create a ‘Digital Hub’ for the German company that would enable it to deliver digital products and customer experiences to its clients

Sonata Software extends partnership with TUI Group

Shares of Sonata Software have rallied almost 80 percent YTD and close to 500 percent in the past three years.

Sonata Software gains 3% on digital hub deal with TUI Group

Stocks that were in focus include names like Indian Energy Exchange, which fell more than 10%, Sonata Software, which rose nearly 4% to hit a fresh 52-week high, while JustDial also clocked a fresh 52-week high on Friday.

Breakout Stocks: How are IEX, Sonata Software, and Just Dial looking on charts for Monday

/ -- Sonata Software, a global Modernization and Digital Engineering company, has announced a strategic partnership with SAP Commerce to drive digital innovation and help businesses accelerate their digital transformation journey.

Sonata Software announces partnership with SAP Commerce to drive innovation

SAP Commerce, will be integrated with Sonata Software’s digital commerce expertise to provide customers with end-to-end e-commerce solutions, including storefront design, implementation, and maintenance.

Sonata Software Partners With SAP Commerce To Drive Digital Innovation

Mid-tier IT firm Sonata Software plans to focus on winning large deals, reinventing offerings and exploring emerging technologies offerings that can be provided to clients to aid growth, said Roshan Shetty, Chief Revenue Officer (CRO) at Sonata Software

Sonata Software plans to focus on large deals

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Sonata Software Limited is an information technology (IT) services and solutions company.