One Point One Solutions has become a remarkable success story in the stock market, transforming from a penny stock into a significant wealth creator for investors. This journey demonstrates how even low-priced stocks can offer substantial returns, though they come with higher risks.
Over the past four years, the stock price of One Point One has skyrocketed by an impressive 4,328 percent. In August 2020, it was trading at just ₹1.75, and today, it’s valued at ₹77.5. This incredible growth highlights the consistent increase in the stock’s value, making it a standout opportunity in the penny stock category.
Long-Term Success
In August 2021, One Point One Solutions was priced at ₹5.08. Since then, it has surged by 1,425.5 percent, showing the company’s ability to deliver substantial returns over time.
Short-Term Gains
Even in the short term, the stock has performed well. Over the past year, it has gained 161 percent, with a 53 percent increase in 2024 alone. Despite experiencing some losses in three of the last eight months, the stock has continued to rise.
In August, the stock climbed over 7 percent, building on gains of 16.7 percent in July and 10.4 percent in June. Although it fell by 2.4 percent in May, it rose by 4.7 percent in April. Earlier, it had dipped by 13 percent in March after a 3 percent drop in February. However, January saw a strong rally of over 24 percent.
Today’s Performance
On August 27, 2024, the stock reached an all-time high of ₹77.5, marking a 178 percent increase from its 52-week low of ₹27.85 in September 2023. This shows the stock’s ability to generate substantial returns and maintain investor confidence despite market ups and downs.
About One Point One Solutions
One Point One Solutions Limited, based in Navi Mumbai, offers services in customer life cycle management, business process management, and technology solutions in India. The company provides a range of services including customer care, debt management, sales, lead generation, back-office support, and social media management. It also offers business solutions like workflow management, speech analytics, and IT infrastructure services.
The company serves industries such as banking, telecom, insurance, and e-commerce, providing support in areas like KYC, fraud verification, and technical help desk operations. Established in 2008, One Point One Solutions has grown steadily over the years.
Financial Performance
In the first quarter of the fiscal year 2025 (Q1FY25), One Point One Solutions reported a net profit of ₹22.37 crore, a significant increase from ₹4.3 crore in the same period the previous year. The company’s total revenue for the quarter was ₹166 crore, up by over 312 percent compared to ₹40.23 crore a year earlier.
Brokerage Opinions
According to ICICI Direct, One Point One Solutions shows strong momentum, with its stock price trading above its short, medium, and long-term moving averages. The company also has a high trailing twelve-month (TTM) earnings per share (EPS) growth, which adds to its investment appeal.
However, there are some concerns:
- Promoters have increased the number of pledged shares quarter-on-quarter.
- Promoter holding has decreased by more than 2 percent quarter-on-quarter.
- The company has not been able to generate net cash flow.
Investing in Penny Stocks
Penny stocks like One Point One Solutions can be attractive due to their potential for high returns with a relatively small initial investment. However, they also come with significant risks. Investors should conduct thorough research, understand the company’s fundamentals, assess its market position, and examine its financial health. By maintaining a disciplined approach and setting realistic expectations, investors can manage potential losses while still taking advantage of opportunities, all while protecting their investments from excessive risk.
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