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Multibagger Stock at Rs 70.85 Hit Upper Circuit & 52-Week High as Company Securing a New Client-Win with India's Largest Integrated Power Company Within the Energy and Utility Industry!
Kiran Shroff
/ Categories: Trending, Multibaggers

Multibagger Stock at Rs 70.85 Hit Upper Circuit & 52-Week High as Company Securing a New Client-Win with India's Largest Integrated Power Company Within the Energy and Utility Industry!

The stock gave multibagger returns of over 240 per cent from its 52-week low of Rs 20.35 per share.

Today, shares of One Point One Solutions Limited gained 10 per cent to the upper circuit of Rs 80.85 per share from its previous closing of Rs 64.41. The stock also made a fresh new 52-week high of Rs 70.85 per share. The stock gave multibagger returns of over 240 per cent from its 52-week low of Rs 20.35 per share.

One Point One Solutions, a company known for its technology-driven business process management (BPM) services, has secured a major client in the Indian energy and utility (E&U) sector. This partnership is with a highly respected and historic integrated power company, a key part of India's largest conglomerate.

This prestigious E&U company is a leader in technology use within the industry and has played a major role in making India more energy-independent. They are known for their expertise and innovation across the entire energy value chain, including solar power and customer services. With over 100 years of experience, they are committed to providing excellent customer care, using world-class safety practices, and driving green initiatives.

Expanding Services Through Partnership

To meet the growing demand for their advanced offerings, this leading E&U company has chosen One Point One Solutions to manage a variety of back-office services related to revenue collection and customer support. These services include tasks like data collection, handling customer calls and emails, onboarding new customers, and other process support. This partnership aims to streamline these operations while still providing exceptional customer service.

By working together, both companies believe they can significantly improve efficiency and customer satisfaction within the E&U sector. One Point One Solutions is excited to be part of this mission and looks forward to achieving new heights in business process management and customer service excellence.

Also Read: 8,900 per cent returns in this low PE & high ROE multibagger penny stock at Rs 14.50; Board likely to increase authorised capital to Rs 75 and raise funds via QIP; details inside!

About the Compa

One Point One Solutions, a full-service provider in business process outsourcing (BPO), knowledge process outsourcing (KPO), IT services, technology transformation, and analytics since 2006, offers comprehensive solutions across technology, accounting, skill development, and data analysis. In a major 2024 business expansion move, they acquired a significant stake in ITCube Solutions Pvt Ltd., a leading IT and BPM/KPO services company headquartered in both Pune, India and Cincinnati, Ohio, for Rs 84 crore. They have a strong presence across the USA, England, Netherlands, Germany, the Middle East, Southeast Asia, and Australia, serving a wide range of clients in various sectors.

According to Quarterly Results, the net sales increased by 37.6 per cent to Rs 53.29 crore, EBITDA increased by 33.2 per cent to Rs 15.53 crore and net profit increased by 125.8 per cent to Rs 6.66 crore in Q4FY24 compared to Q4FY23. In its annual results, the net sales increased by 21.4 per cent to Rs 175.16 crore, EBITDA increased by 53 per cent to Rs 56.76 crore and net profit increased by 145.5 per cent to Rs 21.38 crore in FY24 compared to FY23. The EPS for FY24 stood at Rs 1.06.   

According to March 2024 shareholding, the promoters of the company bought over 5 per cent stake and increased their stake to 67.79 per cent compared to 62.67 per cent in December 2024. Additionally, BNP Paribas Financial Markets bought 9,86,663 shares at Rs 54.8 per share aggregating to Rs 5.41 crore in March 2024. BNP Paribas Financial Markets is owned by BNP Paribas Group. From Rs 5.83 per share to Rs 70.85 per share, the stock gave multibagger returns of 1,115 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. 

DSIJ's ‘Penny Pick’ service provides research-backed penny stock recommendations below Rs. 100. If this interests you, do download the service details here.

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