Sonata Software: Is It a Value Stock?
A comparison between four software companies, viz., Sonata, Persistent, NIIT Tech and Mindtree (now controlled by L&T Infotech), throws up interesting figures. Sonata Software (Sonata) is now being valued at of 13x its net profit of trailing 12 months. This is half the valuation of two other mid-size software companies Mindtree  (27), NIIT Technologies (27) and is also cheaper than...
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