Growth momentum intact despite near-term cost pressures

Company
18 Mar 2024
5 Min read 
  • BSE SENSEX is at 73,097 and S&P CNX is at 22,147.
  •  360ONE WAM has strong growth momentum despite near-term cost pressures.
  •  The company has a wide product suite, reducing the risk of cyclicality in flows.
  •  360ONE is focusing on increasing wallet share, expanding into new geographies, and scaling up AMC.
  •  The company expects visible impact on the topline from FY25 onwards.
  •  The stock has a one-year price target of INR850 at 27x FY26E EPS.
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