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Stock Market Today: On Monday, the share price of NSE SME stock One Point One Solution saw an increase. It touched a record high of Rs 47.50. The stock closed on the upper circuit of 20 percent. The stock has been on a steady rise for almost 15 days as in the last two weeks it has traded at Rs. 32 to Rs. 47.50 per share, up nearly 50 percent over the period.
One Point One Solutions is one of the multibagger stocks in 2023 so far. Year-to-date (YTD) this SME stock is around Rs. 16 to Rs. 47.50 per share, giving a return of nearly 200% to its shareholders. However, it seems so NSE But listed stocks still have some steam left.
The company is focusing on the inclusion of its wholly-owned Singaporean subsidiary, One Point One Singapore Pte. Ltd. The patent is for the development of the company’s product and service business in the foreign market. After this incorporation, 100% of One Point One Singapore Pte Ltd will be held by One Point One Solutions Limited.
This company will produce products worth 45 thousand crore rupees, making investors rich in 5 years
One Point One Singapore Limited is incorporated as a wholly owned subsidiary of One Point One Solutions Limited. For business development of parent company’s products and services in foreign markets. One Point One Solutions Limited said the incorporation of its Singapore subsidiary has received approval from the Singapore government’s Accounts and Corporate Regulatory Authority (ACRA).
After Byju’s, Unacademy, now this company has wreaked havoc, 10 dozen people have lost their jobs in one fell swoop.
This SME stock has returned more than 35% to its shareholders in the last one month, while the stock has gained 115% in the last 6 months. It has increased by 500% in the last 5 years. SME stocks are only available for trading on NSE. Its market cap is Rs 928 crore. Its current trading volume is Rs 34.77 lakh. Its 52-week high was Rs. 47.50 (also a record high), while its 52-week low was Rs. 14.25 per share.