Promoter bought over 5 per cent stake & BofA Securities Europe SA bought 30,00,000 shares of this multibagger penny stock under Rs 60 in Q4; scrip hit upper circuit today

From Rs 2.09 per share to Rs 57.20 per share, the stock gave multibagger returns of 2,637 per cent in 3 years.

Today, shares of One Point One Solutions Limited hit a 5 per cent upper circuit to Rs 57.20 per share from its previous closing of Rs 54.50. The stock gave multibagger returns of over 200 per cent from its 52-week low of Rs 18 per share.

One Point One Solutions is a full-stack BPO, KPO, IT Services, Technology & Transformation and Analytics player. 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., an IT + BPM/KPO services company; headquartered in Pune and Cincinnati, Ohio. ITCube Solutions with over two decades of experience, employs 600+ professionals to serve clients across sectors and has a robust presence in the USA, England, Netherlands, Germany, Kuwait, Oman, UAE, Qatar, India, Singapore, and Australia.

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.

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Earlier, One Point One Solutions Limited significantly expanded its Fintech sector presence by securing two major partnerships. Firstly, they have expanded their existing agreement with a major payment solutions provider (RazorPay) to manage end-to-end merchant origination and servicing, increasing their operational capacity from 7 to 160+ seats. This signifies the client's confidence in One Point One's capabilities. Secondly, they have signed a new agreement with ICICI Prudential Mutual Funds, an asset management company, to provide services for activation and renewals of Systematic Investment Plans (SIPs), with the potential to broaden into activation, cross-sell/up-sell, and service domains. These partnerships highlight One Point One's agility, client-centricity, and growing prominence in the industry.

From Rs 2.09 per share to Rs 57.20 per share, the stock gave multibagger returns of 2,637 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.