163 Per Cent From Its 52-Week Low Of Rs 27.85 Per Share: BPO/KPO Company’s Stock Jumps Over 5 Per Cent With Heavy Volume!
From Rs 5.30 per share to Rs 73.30 per share, the stock gave multibagger returns of 1,283 per cent in 3 years.
Today, shares of One Point One Solutions Limited gained over 5 per cent to an intraday high of Rs 73.30 per share from its previous closing of Rs 69.66. The stock’s 52-week high is Rs 77.50 per share while its 52-week low is Rs 27.85. The stock gave multibagger returns of 163 per cent from its 52-week low of Rs 27.85 per share and saw a spurt in volume by more than 1.50 times on NSE.
The company inform you that the Board of Directors of One Point One Solutions Limited have, through a circular resolution passed on September 5, 2024, considered and approved the allotment of 3,67,19,859 equity shares and 1,07,85,714 Equity Warrants (each warrant entitling the holder to subscribe for one equity share) of face value of Rs 2 each, by way of preferential issue at an issue price of Rs 56 each, for cash consideration to certain identified persons belonging to the non-promoter group of the Company, as mentioned in Annexure B. This allotment is under Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 ('SEBI ICDR Regulations) and the provisions of the Companies Act, 2013 and rules made thereunder.
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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.
One Point One Solutions has trained over 1,300 rural youths in FY23-24, aligning with the government's skill development focus. The company collaborates with government schemes and provides comprehensive training, including technical, soft skills, and counselling. It also promotes awareness about skill development opportunities among rural youth. From Rs 5.30 per share to Rs 73.30 per share, the stock gave multibagger returns of 1,283 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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