One Point One Solutions Hits 52-Week High: Bonus Issue, Stock Split, and More

Business, Personal Finance, Markets, Companies, Real Estate, Income Tax, Pune

Stock MarketOne Point One SolutionsBonus IssueStock SplitBusiness Process ManagementBpmReal Estate PuneJul 05, 2024

One Point One Solutions Hits 52-Week High: Bonus Issue, Stock Split, and More
Real Estate Pune:The share price of One Point One Solutions, a Pune-headquartered company, has reached a fresh 52-week high, touching Rs 77 apiece in Friday's trading session. This marks a significant 9.06% increase from its previous close of Rs 70.60 per share on the NSE. The company's scrip is currently trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, outperforming its sector by 6.39%.

One Point One Solutions provides Business Process Management (BPM) services to various industries, including e-commerce, retail, consumer durables, FMCG, banking/finance, travel, hospitality, and insurance. The company has service centers in Navi Mumbai, Gurgaon, Chennai, Bangalore, and Indore.

The company has a market capitalization of Rs 1,608.53 crore, according to the BSE website, and its shares have a price-to-earnings (PE) ratio of 65.92x. In a significant development, the company announced a 1 2 bonus issue and a 10 1 stock split, which is expected to increase investor confidence.

Earlier in February, One Point One Solutions acquired a majority stake in ITCube Solutions, a rival IT and BPM/KPO services firm, for Rs 84 crore. The acquisition is expected to enable One Point One Solutions to expand its current verticals, including healthcare, and improve its offerings in IT services.

About One Point One Solutions Founded in 2006 by Akshay Chhabra, One Point One Solutions is a leading provider of BPM services to various industries. The company is headquartered in Pune and has service centers across India.

The Indian BPM industry is growing rapidly, driven by the increasing demand for outsourced services from various industries. The industry is expected to continue its growth momentum in the coming years, driven by factors such as cost savings, improved efficiency, and enhanced customer experience.

One Point One Solutions is a Pune-headquartered company that provides BPM services to various industries. The company was founded in 2006 by Akshay Chhabra and has service centers across India.

Frequently Asked Questions

What is the current share price of One Point One Solutions?

The current share price of One Point One Solutions is Rs 77 apiece.

What is the bonus issue ratio declared by One Point One Solutions?

The bonus issue ratio declared by One Point One Solutions is 1:2.

What is the stock split ratio declared by One Point One Solutions?

The stock split ratio declared by One Point One Solutions is 10:1.

What industries does One Point One Solutions serve?

One Point One Solutions serves industries such as e-commerce, retail, consumer durables, FMCG, banking/finance, travel, hospitality, and insurance.

What is the market capitalization of One Point One Solutions?

The market capitalization of One Point One Solutions is Rs 1,608.53 crore.

Related News Articles

Pune Startup Ecosystem: Breakthroughs in Real Estate, Funding, and Fashion
Real Estate Pune

Pune Startup Ecosystem: Breakthroughs in Real Estate, Funding, and Fashion

Pune, a hub for startups, witnesses significant developments in real estate, funding, and fashion, with OLX venturing into property launches, Pune Angels facilitating funding, and Underrated Club introducing a premier streetwear fashion line.

July 20, 2024
Read Article
Residential Prices in Bengaluru's Bagaluru Witness 90% Jump Since 2020; Dwarka Expressway Sees 79% Appreciation
real estate news

Residential Prices in Bengaluru's Bagaluru Witness 90% Jump Since 2020; Dwarka Expressway Sees 79% Appreciation

Residential prices in Bengaluru's Bagaluru have risen by 90% since 2020, while Dwarka Expressway in Delhi-NCR has seen a 79% appreciation in average housing prices.

August 26, 2024
Read Article
India's Powerhouse Cities: Driving the Country's Economic Growth
Real Estate Pune

India's Powerhouse Cities: Driving the Country's Economic Growth

From Chennai to Surat, India's top cities are contributing billions to the country's GDP. Here's a look at some of the most developed cities in India.

September 5, 2024
Read Article
House of Hiranandani to Revamp Chembur's Real Estate Landscape with Five New Redevelopment Projects
Real Estate Mumbai

House of Hiranandani to Revamp Chembur's Real Estate Landscape with Five New Redevelopment Projects

House of Hiranandani is set to transform the real estate landscape of Chembur with its latest redevelopment projects, offering a holistic living experience to residents.

September 13, 2024
Read Article
Godrej Properties Reports 49% Reduction in Net Debt to ₹3848 Crore in Q3
Real Estate Maharashtra

Godrej Properties Reports 49% Reduction in Net Debt to ₹3848 Crore in Q3

Godrej Properties, a leading real estate developer in India, has reported a significant 49% reduction in its net debt to ₹3848 crore in the third quarter, driven by improved cash flow and equity infusion. The company has a strong presence in major cities

February 8, 2025
Read Article
Navigating Market Dynamics: Sandip Sabbarwal's Insights on Risk and Reward in the Current Economy
Real Estate

Navigating Market Dynamics: Sandip Sabbarwal's Insights on Risk and Reward in the Current Economy

Sandip Sabbarwal, a seasoned market analyst, discusses the current state of the market, focusing on the real estate sector. Despite corrections, he advises caution due to slowing sales growth and limited pricing power.

March 3, 2025
Read Article