830% Return: Brokerage Gives Buy Call on One Point One Solutions – Check Target Price

New Delhi: On Thursday, the stock market started with a slight rise but within some time it gained good momentum. At 10:00 am, BSE Sensex was up by 265 points and was working at the level of 74,472 points, while Nifty was up by 76 points and was working at the level of 22674 points. Amidst the surge in the stock market, shares of Larsen & Toubro, Axis Bank, ONGC and Eicher Motors were on the rise, while shares of Power Grid, Sun Pharma, JSW Steel and Grasim Industries were trading on weakness.
Amid the increase in the stock market, the shares of small cap IT company One Point One Solutions, with a market cap of about Rs 1290 crore, were up by 4.49 per cent and were functioning at the level of Rs 60.50.
Shares of One Point One Solutions Limited have given returns of more than 8 per cent to investors in the last 5 days, 16 per cent returns in the last 1 month and 21 per cent returns in the last 6 months. In the last one year, shares of the company have given returns of more than 178 per cent to investors from a low of Rs 21.70. Shares of 1.1 Solution have given a bumper return of 830 per cent from the level of Rs 6.50 on 24 May 2019.
Meanwhile, Share India Securities has given a buy call on shares of One Point One Solutions with target price of Rs 120. According to the brokerage, the shares can give up to 100 per cent return.