8K Miles Software Services Ltd has informed BSE that the meeting of the Board of Directors of the Company is scheduled to be held on May 09, 2016, inter alia, to consider, approve and take on record the Audited Financial Results of the Company for the year ended March 31, 2016.Further, as per Company’s “Code of Conduct to Regulate, Monitor and Report Trading by Insiders” of 8K Miles Software Services Limited, the trading window for the shares of the Company will remain closed for all Promoters, Directors, Designated Persons covered under the Code from April 25, 2016 to May 11, 2016 (both days inclusive), on account of the Board Meeting to be held on May 09, 2016 for consideration and approval of Audited Financial Results for the year ended March 31, 2016. Source: BSE
Firstcall’s research report on 8K Miles Soft
8K Miles continue to grow serving large enterprises in North America through patented secure cloud solution offerings and services. The recent acquisitions and cloud transformation business focused structuring will help the company to position for higher growth and scaling in the coming year. Hence, we recommend ‘BUY’ in this particular scrip with a target price of Rs. 2600.00 for Medium to Long term investment.
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