Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × HDFC Securities' research report on Sonata Software Sonata Software announced its largest acquisition of Quant Systems, which involves a cash payout of USD 65mn and an earn-out of USD 95mn payable over the next two years. The deal is valued at P/S of 4.3x (1.8x excluding earnout), which we believe is on the higher side but it is justified by Quant’s (1) high growth profile (3Y organic CAGR of 113%); (2) superior margin of >25%; (3) excellent partnership network (Salesforce, AWS, Adobe, Snowflakes, etc.); and (4) domain capabilities in the BFSI and healthcare verticals. The acquisition is in line with management’s target to double IITS revenue (hit half a billion) in four years (organic CAGR of ~15%), supported by higher investments in new verticals and geographies and expanding partnerships … [Read more...] about Buy Sonata Software; target of Rs 775: HDFC Securities
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Hot Stocks | Linde India, Finolex Cables, Sonata Software can give healthy returns in short term?
Representative image. Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × Vidnyan Sawant, AVP - Technical Research at GEPL Capital On the weekly timeframe, it can be observed that the prices are currently trending within a downward-moving channel, and there has been a recent reversal in the direction towards lower channel support. Furthermore, the Nifty is presently trading at three-week lows, indicating a formation of a Bearish Hikkake candlestick pattern. The momentum indicator RSI (relative strength index), plotted on the weekly timeframe, is sustaining below 50, indicating a lack of positive momentum in the prices. The immediate resistance for the index is positioned at the psychological level of 18,000, followed by 18,265, which has previously served as a significant resistance level with multiple touches. The downside … [Read more...] about Hot Stocks | Linde India, Finolex Cables, Sonata Software can give healthy returns in short term?
Trade Spotlight | Your game plan for Sonata Software, JBM Auto, Kalyan Jewellers today
Representative image Trade Watchlist Portfolio Message Set Alert live bse live nse live Volume Todays L/H More × The market was under pressure for yet another session, pulling down the Nifty50 to a one-week low on February 20. Most sectors, barring auto and IT, weighed down on the benchmark indices. The BSE Sensex fell more than 300 points to 60,692, while the Nifty50 corrected 100 points to 17,845, the lowest closing level since February 13, forming a bearish candle on the daily charts making lower highs lower lows for the second consecutive session. The Sensex lost nearly 1,000 points and the Nifty50 shed nearly 300 points in three trading days from the recent high. The broader markets were mixed in trade with negative breadth. The Nifty Midcap 100 index was up 0.08 percent and the Nifty Smallcap 100 index fell 0.3 percent. More than three shares declined for every … [Read more...] about Trade Spotlight | Your game plan for Sonata Software, JBM Auto, Kalyan Jewellers today
Three Hyundai, Kia cars earn highest safety rating from IIHS
Hyundai's Palisade SUV received the highest Top Safety Pick+ rating for crash safety performance from the U.S. Insurance Institute for Highway Safety, along with Kia's Telluride SUV and the Genesis G90 sedan. [HYUNDAI MOTOR] Three Hyundai and Kia cars earned the highest safety rating, Top Safety Pick Plus (TSP+), from the U.S. Insurance Institute for Highway Safety (IIHS), Hyundai Motor said Sunday. According to the carmaker, Hyundai’s Palisade sport utility vehicle (SUV), Genesis G90 sedan and Kia’s Telluride SUV received the highest rating in the crash safety performance test conducted by the IIHS. The Palisade and G90 were granted the top rating for the second year in a row. Hyundai’s Sonata sedan earned the Top Safety Pick (TSP) mark. The IIHS strengthened its safety requirements for the TSP+ and TSP marks this year. For the 2023 Top Safety Pick Awards, a total of 48 models received either TSP+ or TSP marks, compared to last year’s 101 models. Of this year’s winners, … [Read more...] about Three Hyundai, Kia cars earn highest safety rating from IIHS
These Are The 12 ‘Greenest’ Cars In The U.S. For 2023
Share to Twitter Share to Linkedin It’s probably no surprise that the five vehicles rated as being the most environmentally friendly for the 2023 model year are all fully electric powered. If one were to assume that EVs are consistently more environmentally friendly than any internal-combustion engine rides, it would make sense that all of the models on this year’s “Greenest List” compiled by the American Council for an Energy-Efficient Economy (ACEEE) would run exclusively on battery power, right? But that’s not the case. The remaining models on the ACEEE’s top 12 list are hybrids that run primarily on good old gasoline, albeit assisted by electric power. While that would be a sound guess, it reveals the little spoken fact that some electrified rides are less friendly to Mother Nature than others. That’s because powertrain efficiency, a vehicle’s weight, and other factors can have a major effect on a given model’s overall environmental impact, with some … [Read more...] about These Are The 12 ‘Greenest’ Cars In The U.S. For 2023
Women’s Premier League: Franchises attract a number of sponsors, but are they getting due value?
Tata Women's Premier League Franchises of the Women's Premier League (WPL) have struck deals with sponsors for the inaugural season starting from March 4. Brands like fantasy sports platform Dream 11 and consumer durables brand Usha have extended their existing partnership with Mumbai Indians (MI) to its women’s team, and come on board as associate and official partners, respectively. Sponsor support The franchise has got on board a total for seven brands, including Lotus Herbals on the front of the jersey and Ashok Leyland on the back as principal partners. Sonata Software, along with Dream 11, are associate partners, whose logos will be on the lead and non-lead arm. Usha, Max Life Insurance, and Nutrizoe are official partners, with Usha taking up the lead spot on the cap and helmet. Max Life and Nutrizoe will not feature on the jersey or the player’s gear, but on other advertising / branding done by MI. Royal Challengers Bangalore (RCB) has signed deals … [Read more...] about Women’s Premier League: Franchises attract a number of sponsors, but are they getting due value?