8K Miles Software extends falls, hits 52-week low

The stock hit 52-week low of Rs 436, down 9%, extending its Thursday's 3% fall on BSE

8K Miles Software Services hit 52-week low of Rs 436, down 9%, extending its Thursday’s 3% fall on BSE.

“The board of directors of the company at their meeting held on Wednesday, September 6, has revised the dividend of Re 1 per equity share, based on the information received and to be compliant with the provisions of the Section 123 of the Companies Act, 2013, without deviating from its intention to distribute the dividend,” 8K Miles said in a statement.

Earlier, the board of directors of the company at its meeting held on May 10, 2017 recommended a