Shares of Sonata Software rallied over 7 percent to Rs 671 apiece on August 29 following its multi-year, multi-million dollar IT outsourcing contract from a US-based premier healthcare and wellness company.

The company's primary focus is delivering personalised, high-quality care that addresses the unique needs of vulnerable patients and underserved populations in challenging clinical environments and other behavioral health settings.

As part of the collaboration, Sonata Software will support the client in achieving dual objectives: optimising IT budgets and cost efficiencies through systemic improvements and engineering levers and modernising their technology landscape by leveraging enterprise data, Artificial Intelligence, and hyper-automation across patient-facing systems, and back-office operations.