360 One WAM - Improving Client, Geographical, Product Diversity: Motilal Oswal

NDTV Profit’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Motilal Oswal Report.In its FY24 Annual Report, 360 ONE WAM Ltd. outlined the emerging growth opportunities in the Wealth Management industry in India and expects a 13-14% assets under management compound annual growth rate over the next four-five years. The drivers for this growth will be:an increase in the number of ultra-high-net-worth individuals and high networth individuals,an increase in the wealth of existing HNIs, andwealth transfer between generations.The company is likely to focus on diversifying its customer base from the existing Rs 250 million+ net worth customers to adding Rs 50-250 million net worth customers in India as well as overseas. This would present a huge opportunity to double its market share over the next few years from 4-5% currently.In addition, 360 ONE is looking to diversify its geographical presence from the top cities and metros to tier II and tier III cities (i.e., shift in focus from the traditional 10-15 cities to over 60 cities over the next few years, reflecting a significant demographic transformation)..Click on the attachment to read the full report:.Sanstar IPO - Investment Rationale, Issue Details, Financials, Strengths, Risks And More: DRChoksey.DISCLAIMERThis report is authored by an external party. NDTV Profit does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of NDTV Profit..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

360 One WAM - Improving Client, Geographical, Product Diversity: Motilal Oswal

The brokerage reiterates Buy rating with a one-year target price of Rs 1,150 (based on 33 times March-26E earnings per share).

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360 One WAM - Improving Client, Geographical, Product Diversity: Motilal Oswal

The brokerage reiterates Buy rating with a one-year target price of Rs 1,150 (based on 33 times March-26E earnings per share).

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