The Relative Strength Index of the stock stood at 39.87 on Thursday.
A total of 21,748 shares changed hands on the counter till 12:34PM (IST).
Promoters held 46.74 per cent stake in the company as of 30-Jun-2021, while FII and DII ownership stood at 19.64 per cent and 13.21 per cent, respectively.
The stock quoted a 52-week high of Rs 98575.9 and a 52-week low of Rs 57887.85.
The group will include a mix of anti-money laundering and cybersecurity experts.
Following the update, shares of Sobha zoomed over 13 per cent to Rs 859 before paring some of the gains to trade at Rs 848 as of 10:10 hours (IST). The BSE Sensex was trading positive at 59,697.67at the same time.
As of June 30, 2021, ace Investor Rakesh Jhunjhunwala held 37,750,000 equity shares or 1.1 per cent stake in the company, which is worth Rs 1,396.7 crore at current price. The company has not declared the shareholding for the September quarter yet.
“Our markets will navigate the risk factors from China and US, pretty safely. There will be corrections but we are in the midst of a superb multi-year bull market.â€
In a televised interview on Wednesday, Chandra said the Ministry of Corporate Affairs and Sebi should not permit Invesco to break domestic laws and instead, probe laws broken by the overseas investor.
Sonata Software Ltd. key Products/Revenue Segments include Computer Software, Software Products and Other Operating Revenue for the year ending 31-Mar-2021.
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