1 week ago
Small-cap stock below ₹100 zooms 16% on 100% acquisition of Latin American company
Live MintSmall cap stock One Point One Solutions surged as much as 15.81 per cent, rising to ₹59.30 on Tuesday against previous close at ₹51.29 on Monday. The stock surged after the company announced that it has acquired a Latam based contact center for acquisition valued at $30 to $35 million. In an exchange filing, the company said that it has signed a non-binding term sheet with a LATAM based Contact center, a prominent customer engagement solutions provider. The proposed acquisition aligns with OPO’s strategic focus on expanding its global service capabilities, enhancing digital customer engagement solutions, and unlocking synergies through operational integration.
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