In the recent quarter, FIIs increased their stake by 13.3 percent in this smallcap IT Stock that specializes in Customer Lifecycle Management, Business Process Management, and Technology Services.
Foreign Institutional Investors are key entities in the financial market industry that invest their funds in a country outside of the one in which it is headquartered or registered in. FIIs can include various market players such as hedge funds, insurance companies, pension funds, investment banks, and mutual funds.
FIIs buying or increasing their stakes indicates confidence as they play a significant role in developing economies such as India. They bring in significant funds and capital contributing to economic growth.
Share Price Movement
The shares of One Point One Solutions Ltd, with a market capitalization of Rs 1,258.06 Crores on Friday, closed at Rs 49.25 per share which was 0.34 percent lower than the previous close of Rs 49.42 apiece. The shares generated impressive returns of 256 percent in the past three years, and a return of 1,542 percent in the past five years.
FIIs Stake in the Company
The Foreign Institutional Investors of the company increased their stake by 13.3 percent, from 3.19 percent in Q2FY25 to 16.53 percent in Q3FY25. The FIIs have consistently increased their stake in One Point One Solutions Ltd in the past six quarters; it increased from 1.4 percent in June 2023 to 16.53 percent in the most recent quarter.
Also read: ITC and other stocks to be affected as Govt. plans to increase tax on Cigarettes & Tobacco
Financials
The company’s Revenue from Operations increased by 57 percent YoY from Rs 42 Crores in Q3FY24 to Rs 66 Crores in Q3FY25. Their Net Profits rose by 41 percent YoY from Rs 5.97 Crores to Rs 8.43 Crores over the same period. On the operating level, EBITDA increased by 36 percent YoY from Rs 15.08 Crores to 20.51 Crores during the same period.
Indian IT Industry
The IT & BPM sector has become a major economic driver for India, contributing 7% to GDP in FY24. The industry is expected to reach US$ 350 billion by 2026, contributing 10% to GDP. IT export revenue rose 9% to US$ 194 billion in FY23, with FY24 exports at US$ 199 billion.
The computer software and hardware sector attracted US$ 105.6 billion in FDI from April 2000 to June 2024, ranking second in FDI inflows, according to DPIIT data.
About One Point One Solutions Ltd
One Point One Solutions Ltd is a provider of business solutions specializing in customer support, IT services, digital marketing, and BPO. The company focuses on delivering innovative, high-quality services to help businesses optimize operations. It provides services in various industries namely, Telecommunication, BFSI, Travel, Manufacturing, E-commerce etc. Its goal is to drive sustainable growth and operational efficiency for clients.
Written By Adhvaitha Nayani
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
