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IT small-cap 8K Miles jumps on fund buying

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Reuters

Reuters Market Eye - Cloud solutions provider 8K Miles Software Services <8KMS.NS> gains 10 percent to an all time-high of 390.50 rupees.

Sundaram BNP Paribas bought 175,000 shares at 331.95 rupees per share via a block deal on Wednesday, according to BSE data.

DSP BlackRock Mutual Fund bought 221,735 shares at 175 rupees a share on Aug.8.

8K Miles shares have more than doubled since the start of 2014.

Company lists Amazon, CA Technologies among clients.

(Reporting by Abhishek Vishnoi)

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First Published: Sep 18 2014 | 11:56 AM IST

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