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8K Miles gains on expanding foothold as leading provider of cloud solutions

18 Jun 2018 Evaluate

8K Miles Software Services is currently trading at Rs. 544.30, up by 9.65 points or 1.80% from its previous closing of Rs. 534.65 on the BSE.

The scrip opened at Rs. 535.00 and has touched a high and low of Rs. 547.35 and Rs. 533.00 respectively. So far 6406 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 1024.00 on 29-Nov-2017 and a 52 week low of Rs. 364.75 on 27-Sep-2017.

Last one week high and low of the scrip stood at Rs. 566.10 and Rs. 520.10 respectively. The current market cap of the company is Rs. 1630.86 crore.

The promoters holding in the company stood at 57.40%, while Institutions and Non-Institutions held 4.68% and 37.93% respectively.

8K Miles Software Services has expanded its portfolio of clients as the company adds several new engagements with public and private Life Sciences enterprises. This continued growth is a proof that organizations are looking to 8K Miles for their expertise defining and implementing enterprise wide Hybrid-Cloud / Multi-Cloud strategies that help drive innovation.

The company has a proven track record of providing leading edge solutions that leverage the latest in Cloud technologies. This allows organizations to meet the growing demand for IT resources while addressing Regulatory Compliance and Security Concerns as well as Optimize Costs.

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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