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MoneyWorks4Me

Sundaram BNP Paribas buys stake in 8K Miles Software

18 Sep 2014 Evaluate

Sundaram BNP Paribas Mutual Fund has bought 175,000 shares representing 1.74% stake in the internet software and services provider -- 8K Miles Software Services -- at Rs 331.95 per share through open market.

Meanwhile, DSP Blackrock bought 303,529 shares representing 3% of total equity of 8K Miles Software Services at Rs 175 per share via open market.

8KMiles is an online ecosystem of verified professionals and companies that enables outsourcing of software and other knowledge services completely over the internet. Using the 8KMiles portal, companies (buyers) can “smartsource” any type of knowledge work cost effectively and securely to certified individuals or groups (providers).

Peers
Company Name CMP
TCS 2480.50
Infosys 1143.45
HCL Technologies 1411.50
Wipro 190.05
Tech Mahindra 1770.50
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