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8K Miles rises on appointing strategic advisory board to tap new business opportunities

09 Oct 2015 Evaluate

8K Miles Software Services is currently trading at Rs. 1870.00, up by 89.00 points or 5.00% from its previous closing of Rs. 1781.00 on the BSE.

The scrip opened at Rs. 1802.00 and has touched a high and low of Rs. 1873.75 and Rs. 1802.00 respectively. So far 10,000 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 1873.75 on 09-Oct-2015 and a 52 week low of Rs. 479.60 on 13-Nov-2014.

Last one week high and low of the scrip stood at Rs. 1873.75 and Rs. 1428.50 respectively. The current market cap of the company is Rs. 2,001.00 crore.

The promoters holding in the company stood at 61.96% while Institutions and Non-Institutions held 2.92% and 35.12% respectively.

8K Miles Software Services, a leading provider of secure cloud solutions, has appointed Strategic Advisory Board members to broaden company’s access to previously untapped business opportunities. The advisory board aim is to accelerate the 8K Miles global insights on cloud, SaaS, mobility, infrastructure scalability, big data, analytics, security, compliance, and identity management areas, as the company continues growing both: organically and through M&A’s.

8K Miles has been helping to educate the market by bringing innovative solutions for public cloud by joining forces with leading providers in the cloud space, such as: AWS, MS Azure and IBM.

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.


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