Exit Sonata Software: Puneet Kinra

Puneet Kinra of Bonanza Portfolio advises to exit Sonata Software.

Kinra told CNBC-Awaaz, "Investors should exit Sonata Software at Rs 33-30. The stock is looking weak on chart; it has resistance at Rs 33-30. It may go down to Rs 24 in coming days."
The company's trailing 12-month (TTM) EPS was at Rs 4.47 per share. (Sep 2011). The stock's price-to-earnings (P/E) ratio was 6.02. The latest book value of the company is Rs 29.85 per share. At current value, the price-to-book value of the company was 0.9. The dividend yield of the company was 7.43%.