In the stock market, investors are eyeing such stocks that have given multi-bagger returns in the last one to three years and are ready to grow again after a pause. Also, the earnings of such companies are also increasing continuously.
In the last few years, many small-cap and midcap stocks on Dalal Street have performed brilliantly and given multi-bagger returns. These stocks have given extraordinary returns to investors. One of the many stocks that have become multi-baggers by giving great returns is One Point One Solutions Ltd, which has given huge returns to its investors in the last few years.
One Point One Solution Limited is also a business process management (BPM) service provider. This stock closed at Rs 64.60 on Friday. In the last one year, this stock has given a return of 85%, while in the last three years, its return has been 1100%.
One Point One Solutions Ltd has an FII investment. This small-cap stock has given an impressive return of over 375 percent after the sub-division and bonus issue in January 2022.
The stock has gained 1129 percent in the last three-year period. This means that if a person had invested Rs 1 lakh in this stock three years ago and held on to it, the total value of his investment would have now become Rs 11.29 lakh.
One Point One Solutions Company has now announced to expand its overseas presence by setting up a subsidiary in the UK. According to a regulatory filing, the subsidiary (One Point One Solutions UK Ltd) will act as a holding company for future overseas subsidiary acquisitions in the business process management services stream.
It said, "...has incorporated its wholly-owned subsidiary called One Point One Solutions UK Limited as a private limited company having its registered office in England and Wales."
Stock Split, Bonus Issue
Incorporated in 2006, One Point One Solutions is a full-stack player in BPO, KPO, IT Services, Technology and Analytics firm. The company came out with an IPO in 2017 and issued its shares in the primary market at Rs 67. Five years later in January 2022, the company announced a sub-division of equity shares and then issued bonus shares, while the split was effected in the ratio of 5:1, meaning each share with a face value of Rs 10 was split into 5 equity shares of Rs 2 each, with bonus distributed in the ratio of 1:2 (one for two).
As per the September quarter shareholding pattern, promoters hold a 51.92 percent stake in the BPM service provider, while 13.17 percent equity is in the hands of FIIs. The remaining 34.37 percent is owned by non-institutional investors and DIIs. The company's market capitalization is Rs 1,376 crore.
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