One Point One Solution Share Price: One thing is always said about the stock market that investors have to wait long while betting on good stocks to get higher returns. Today we are going to talk about one such company that has changed the fortunes of positional investors in 7 years. We are talking about one point one solution.
The price of this chemical stock rose 7%, experts bullish, target price near Rs 3000
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The IPO came in 2017
The IPO of this company came in December 2017. Then the company’s IPO price band was Rs. 65 to Rs. 67 per share. This SME IPO was then listed at a premium of 20 percent. Since then, the share price of the company has seen a continuous increase. At the time of IPO, retail investors must invest at least Rs. 1.34 lakhs share had to be taken. Because then the lot size was made up of 2000 shares. Those who bet at that time, if till date their money would have been Rs 12.15 lakhs.
Big news about a big company, stock looted, price up 9%
The reason behind this surge in investment is 2 bonus shares. The company has given 2 shares bonus stock twice after its debut in the stock market. For the first time in the stock market, the company was traded as an ex-bonus stock on 15 April 2019 and 19 January 2022. At the same time, the company did an ex-split trade in the stock market on January 19, 2022 itself. Then 1 share was divided into 5 parts. Which has benefited the positional investors.
An investment of Rs 1.30 got a return of Rs 11.86 lakh
After 2 bonus shares and stock split, the number of shares of investors betting on the IPO has increased to 22,500. At market close on Monday, the company’s share price on the NSE was Rs. was 52.75. As per Monday’s rate, the return of the positional investors has gone up to Rs 11.86 lakh.