Shares of 8K Miles Software Services soared 10 per cent today after Sundaram BNP Paribas Mutual Fund bought about 2 per cent stake in the company via bulk deal.
The company's scrip zoomed 9.99 per cent to settle at Rs 389.20 -- its 52-week high level at the BSE.
On the NSE, it surged 10 per cent to end at Rs 390.50.
Sundaram BNP Paribas MF yesterday bought about 2 per cent in the company. The deal was carried out through secondary market operations through the BSE.
One of the investors of 8KMiles Software, Aruna Srinivasan Iyer sold 1,46,000 shares aggregating to 1.54 per cent equities of the company at Rs 332.46 apiece, while Sundaram BNP Paribas MF picked up 175,000 shares or 1.74 per cent at Rs 331.95 apiece.
