FIIs Bought 13.34 Per Cent & DIIs Increase Stake: Multibagger Penny Stock Under Rs 60 Approves Acquisition of India’s First Deep-Tech AI Software Platform
The stock is up by 47 per cent from its 52-week low of Rs 41.01 per share.
One Point One Solutions Limited has announced plans to acquire a majority stake in an AI software platform. This information was released on April 15, 2025. The company has signed a term sheet for this acquisition. The target company is described as India's first deep-tech AI-powered autonomous software engineering platform.
The global IT software market is projected to grow significantly. Specifically, it is forecasted to increase from $737 billion in 2024 to USD 2.25 trillion by 2034. Within this market, custom software and application development are expected to experience substantial growth, with Compound Annual Growth Rates (CAGRs) of 22.6 per cent and 22.8 per cent, respectively.
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One Point One Solutions Limited is a full-stack solutions provider with over two decades of experience. The company serves more than 50 clients across various sectors. Their team comprises over 5600 employees. Following a recent acquisition, One Point One Solutions has expanded its presence. It now has centers in Pune and Cincinnati, Ohio, in addition to existing locations in Navi Mumbai, Gurgaon, Chennai, Bangalore, and Indore, and Pune. The company also has a wholly-owned subsidiary, One Point One USA Inc., in Delaware, United States. Through another acquisition, it has strengthened its presence in England, Netherlands, Germany, Kuwait, Oman, UAE, Qatar, India, Singapore and Australia.
The company demonstrated strong financial performance in both the third quarter and the nine-month period of FY25. Quarterly, total income increased significantly by 67.18 per cent year-on-year, reaching Rs 70.40 crore in Q3FY25 compared to Rs 42.11 crore in Q3FY24. Profit after tax (PAT) also saw substantial growth, rising by 41.21 per cent to Rs 8.43 crore. For the nine-month period, the company's total income reached Rs 196.55 crore, a 61.29 per cent increase from Rs 121.86 crore in 9MFY24. Similarly, PAT for the nine months grew by an impressive 65.90 per cent, reaching Rs 24.42 crore.
In December 2024, FIIs bought 13.34 per cent and increased their stake to 16.53 per cent and DIIs increased their stake to 0.72 per cent compared to September 2024. The company has a market cap of over Rs 1,350 crore with an ROE of 22 per cent and an ROCE of 22 per cent. From Rs 10.85 per share to Rs 54 per share, the stock gave multibagger returns of 398 per cent in 3 years. Investors should keep an eye on this micro-cap stock.
Disclaimer: The article is for informational purposes only and not investment advice.