IT Company Shares Skyrocket with 3400% Returns in 4 Years

IT Company Shares Soar with 3400% Returns in 4 Years

If you’re an investor in the stock market, this news could be of great interest. One Point One Solutions Limited, IT company, has delivered astounding multibagger returns to its investors over the past four years. The company’s shares have surged by approximately 3,400% during this period. Back on November 29, 2019, the company’s shares were priced at Rs 1.58 on the NSE. Today, those shares have climbed to Rs 55. In fact, during special trading on Saturday, May 18, the shares closed at Rs 58.65 on the NSE, marking a 2% increase.

Recent Share Performance

Over the past month, the company’s shares have risen by 7%, moving from Rs 51.95 to Rs 55. In the last six months, the stock has seen a 40% increase. Remarkably, over the past year, the shares have surged by 160%. The 52-week high for One Point One Solutions Ltd. shares is Rs 70, while the 52-week low is Rs 20.35. The company’s total market capitalization currently stands at Rs 1,252.70 crore.

Company’s Financial Growth

One Point One Solutions Limited, a small-cap company, recently announced its financial results for the March quarter of FY24. The company’s net profit for this period was Rs 6.6 crore, a significant rise from Rs 2.95 crore in the same quarter of the previous financial year, reflecting an annual increase of 105%. For the entire financial year 2023–24, the company reported a total net profit of Rs 22.37 crore, up from Rs 8.76 crore in the previous year, marking an impressive annual growth of 155%.

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