8K Miles: Promoter pares stake

The stock of 8K Miles Software Services may remain under pressure, as one of the promoters - RS Ramani, sold stake in the company. According to bulk deal data with the NSE, Ramani sold about 6.82 lakh shares, in two tranches - 4.32 lakh shares (at ₹748.64) and 2.5 lakh shares (₹750). DSP BlackRock MF bought 4.26 lakh shares at an average price of ₹748. At the end of December, Ramani had held 11.575 lakh shares, of which four lakh are locked in.