8K Miles Shares Jump 10% on Fund Buying

8K Miles Shares Jump 10% on Fund Buying

Cloud solutions provider 8K Miles Software Services gained 10 per cent to an all-time-high of Rs 390.50. Sundaram BNP Paribas bought 175,000 shares at Rs 331.95 per share via a block deal on Wednesday, according to BSE data. (Also read)

DSP BlackRock Mutual Fund bought 221,735 shares at Rs 175 rupees a share on August 8. 8K Miles shares have more than doubled since the start of 2014.

8K Miles is small-cap IT company. It lists Amazon, CA Technologies among clients.

Copyright Thomson Reuters 2014

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