Multibagger Penny Stock Under Rs 70 In Focus As Company Incorporates New Subsidiary For Future Foreign Subsidiary Acquisitions

Kiran Shroff
Multibagger Penny Stock Under Rs 70 In Focus As Company Incorporates New Subsidiary For Future Foreign Subsidiary Acquisitions

From Rs 6.06 per share to Rs 65.50 per share, the stock gave multibagger returns of 983 per cent in 3 years.

Today, shares of One Point One Solutions Limited gained 0.62 per cent to an intraday high of Rs 65.50 per share from its previous closing of Rs 65.10. The stock’s 52-week high is Rs 77.50 per share while its 52-week low is Rs 31.40. The stock gave multibagger returns of over 100 per cent from its 52-week low of Rs 31.40 per share.

One Point One Solutions Ltd. is pleased to announce the incorporation of its wholly-owned subsidiary, One Point One Solutions UK Ltd., as a private limited company in England and Wales. This subsidiary has been established to serve as a holding company for future foreign subsidiary acquisitions. With an authorized share capital of 2,500,000 ordinary shares, One Point One Solutions UK Ltd. is poised to expand the Company's global footprint and explore new business opportunities within the business process management services industry.

About the Company

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.

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

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 6.06 per share to Rs 65.50 per share, the stock gave multibagger returns of 983 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. 

Also Read: This solar PV manufacturer could illuminate the primary market; can it double your investment?

Rate this article:
4.7

DSIJ MINDSHARE

Mkt Commentary20-Dec, 2024

Swing Trading22-Dec, 2024

IPO Analysis20-Dec, 2024

Mindshare20-Dec, 2024

IPO Analysis20-Dec, 2024

Knowledge

MF15-Nov, 2024

General15-Nov, 2024

MF14-Nov, 2024

DALAL STREET INVESTMENT JOURNAL - DEMOCRATIZING WEALTH CREATION

Principal Officer: Mr. Shashikant Singh,
Email: principalofficer@dsij.in
Tel: (+91)-20-66663800

Compliance Officer: Mr. Rajesh Padode
Email: complianceofficer@dsij.in
Tel: (+91)-20-66663800

Grievance Officer: Mr. Rajesh Padode
Email: service@dsij.in
Tel: (+91)-20-66663800

Corresponding SEBI regional/local office address- SEBI Bhavan BKC, Plot No.C4-A, 'G' Block, Bandra-Kurla Complex, Bandra (East), Mumbai - 400051, Maharashtra.
Tel: +91-22-26449000 / 40459000 | Fax : +91-22-26449019-22 / 40459019-22 | E-mail : sebi@sebi.gov.in | Toll Free Investor Helpline: 1800 22 7575 | SEBI SCORES | SMARTODR