Buy 360 One Wam, target price Rs 850: Motilal Oswal

Motilal Oswal has buy call on 360 One Wam with a target price of Rs 850. The current market price of 360 One Wam Ltd. is Rs 688.35.
360 One Wam Ltd., incorporated in the year 2008, is a Mid Cap company (having a market cap of Rs 24888.39 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 31-12-2023, the company reported a Consolidated Total Income of Rs 672.06 Crore, up 8.91 % from last quarter Total Income of Rs 617.07 Crore and up 26.58 % from last year same quarter Total Income of Rs 530.95 Crore. Company reported net profit after tax of Rs 192.11 Crore in latest quarter.


Promoter/FII Holdings
Promoters held 17.77 per cent stake in the company as of 31-Dec-2023, while FIIs owned 62.48 per cent, DIIs 8.87 per cent.