8K Miles Software Services is currently trading at Rs. 893.00, up by 12.50 points or 1.42% from its previous closing of Rs. 880.50 on the BSE.
The scrip opened at Rs. 900.00 and has touched a high and low of Rs. 905.00 and Rs. 881.00 respectively. So far 1802 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 945.00 on 10-Jul-2015 and a 52 week low of Rs. 162.00 on 22-Jul-2014.
Last one week high and low of the scrip stood at Rs. 935.75 and Rs. 809.50 respectively. The current market cap of the company is Rs. 961.06 crore.
The promoters holding in the company stood at 64.36% while Institutions and Non-Institutions held 2.94% and 32.70% respectively.
8K Miles Software, after three successful acquisitions in the health and pharma space in the past six months, is looking at more buyouts in the same area as it sees a huge opportunity in the US following the legal mandate to Obamacare. Going forward, the company’s focus would be the healthcare and pharma sectors as it sees a strong opportunity in the cloud market.
8K Miles Software Services is a global Cloud & Security solutions company. It provides digital technology solutions - SMAC (Social, Mobile, Analytics and Cloud) for seamless connectivity between consumers, SMBs, enterprises etc.
