Buy 360 One Wam, target price Rs 1150: Motilal Oswal

Motilal Oswal has buy call on 360 One Wam with a target price of Rs 1150. The current market price of 360 One Wam Ltd. is Rs 979.8.

360 One Wam Ltd., incorporated in the year 2008, is a Mid Cap company (having a market cap of Rs 35195.45 Crore) operating in NBFC sector.

360 One Wam Ltd. key Products/Revenue Segments include Fees & Commission Income for the year ending 31-Mar-2023.



Financials
For the quarter ended 31-03-2024, the company reported a Consolidated Total Income of Rs 1051.20 Crore, up 56.41 % from last quarter Total Income of Rs 672.06 Crore and up 98.40 % from last year same quarter Total Income of Rs 529.83 Crore. Company reported net profit after tax of Rs 242.61 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 17.75 per cent stake in the company as of 31-Mar-2024, while FIIs owned 63.22 per cent, DIIs 8.34 per cent.