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.

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