Promoter bought 5.12 per cent stake of this multibagger penny stock in Q4; Company achieved a significant win by acquiring a new client in the European region!
From Rs 2.15 per share to Rs 55.05 per share, the stock gave multibagger returns of over 2,400 per cent in 3 years.
Today, shares of One Point One Solutions Limited gained 1.2 per cent to Rs 55.05 per share from its previous closing of Rs 54.40. The stock gave multibagger returns of over 190 per cent from its 52-week low of Rs 18.95 per share.
ITCube Solutions Pvt. Ltd., a subsidiary of One Point One Solutions Limited and a respected provider of technology solutions, has achieved a significant win by acquiring a new client in the European region. This client is a renowned global leader in combating brand threats through cutting-edge, AI-powered tools.
The new client specializes in protecting brands from online piracy, counterfeiting, and intellectual property infringement. Their advanced AI platform allows for automated detection, enforcement, and removal of infringing content across various digital platforms. This global company, with offices in New York, Barcelona, Beijing, and Salt Lake City, boasts scalable and cost-effective SaaS solutions that are revolutionizing the industry.
The scope of this business partnership involves ITCube managing detection and enforcement services for the client's copyrights and intellectual property rights. By combining ITCube's expertise with the client's advanced AI platform, this partnership offers comprehensive protection against unauthorized use of brands and copyrighted content. This strategic alliance reinforces ITCube's commitment to providing its clients with top-tier technology-driven solutions and further strengthens its service offerings in the field of intellectual property protection.
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One Point One Solutions is a full-stack player in BPO, KPO, IT Services, Technology & Transformation and Analytics. The company was incorporated in the year 2006 and offers comprehensive solutions in technology, accounting, skill development and analysis. In 2024, the company acquired a major stake in ITCube Solutions Pvt Ltd., which is an IT + BPM/KPO services company; headquartered in Pune and Cincinnati, Ohio. ITCube is a leading provider of technology solutions specializing in intellectual property protection, AI-driven automation, and business process optimization. With over two decades of experience, ITCube has a robust presence in the USA, England, Netherlands, Germany, Kuwait, Oman, UAE, Qatar, India, Singapore & Australia serving clients across sectors.
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, BofA Securities Europe SA bought 30,00,000 shares at Rs 50 per share aggregating to Rs 15 crore in March 2024.
From Rs 2.15 per share to Rs 55.05 per share, the stock gave multibagger returns of over 2,400 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.
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