Detailed Technical Analysis:
360 ONE WAM (360ONE) currently trades at ₹1,149.20 (+1.09%), showing neutral-bearish momentum with price above 50-day MA ₹1,138 but testing 20-day MA ₹1,200 resistance after 4.82% weekly correction from ₹1,198.60 high. Key levels: Support S1 ₹1,130/S2 ₹1,120/S3 ₹1,110 | Resistance R1 ₹1,164/R2 ₹1,190/R3 ₹1,273 (52-week high).
Technicals mixed – RSI ~50 neutral, ADX 28 downtrend intact, Williams %R -79 bearish bias with OI surge signaling volatility ahead of Jan 15 results.
Fundamental Analysis:
Q2FY26 (Sep 2025): Revenue ₹4,410 Cr (+1.98% beat), EBITDA ₹2,896 Cr (+20.65%), PAT ₹1,860 Cr (+4.8%), EPS ₹5.08 – strong AUM growth to ₹5.3 lakh Cr (+40% YoY) across wealth/asset mgmt. 9M FY26 Expected: Revenue ₹15,310 Cr, PAT ₹6,622 Cr; FY26E Revenue ₹23,100 Cr (+24% CAGR), PAT ₹11,300 Cr, ROE 25%+, P/B 5.5x premium justified by 40% AUM CAGR and debt-free status. Strengths: #2 wealth manager post-merger, client AUM ₹5L Cr, 24% revenue CAGR 3-yr; Risks: Fee pressure, equity market volatility impacting AUM. Trading 24% premium to intrinsic ₹956 (median), but analysts target ₹1,300+ on 30% PAT CAGR.
Micro & Macro View:
Micro: Bearish consolidation pre-Q3 (Jan 15) with OI buildup signaling volatility; ₹1,180 support hold for bounce to ₹1,220, breakdown risks ₹1,140. Results beat (revenue ₹6,230 Cr expected) catalyst.
Macro: Bullish on ₹50 lakh Cr+ wealth mgmt industry (25% CAGR), 360 ONE’s 10% share post-IIFLW merger, HNIs doubling to 4M by 2027; structural uptrend to ₹1,500+ on AUM growth.
Important News Events & Impact:
Q3FY26 Board Meeting (Jan 15): Results + Earnings Call 5:30 PM with MD Karan Bhagat – revenue ₹6,230 Cr (+31.52% beat expected), PAT ₹2,426 Cr (+25.52%); strong beat sparks 10-15% rally to ₹1,300+, miss triggers ₹1,100 test.
Trading Window Closed (Dec 29): Insider compliance pre-results.
OI Surge: Derivatives activity up signaling big bets – positive if call-heavy post-results.
Q3 Results Preview (Jan 15):
Expected Revenue ₹6,230 Cr (+31.52% vs est), EBITDA ₹3,363 Cr, PAT ₹2,426 Cr (+25.52%), EPS ₹6.52 Beat consensus on AUM ₹6L Cr+ growth, margin expansion; Street eyes 15% upside to ₹1,370 if guidance upgrades to FY26 AUM ₹7L Cr. Earnings call 5:30 PM key for HNI inflows outlook.
New News:
OI Surge Jan 6: Significant derivatives buildup amid positive momentum – ₹1,188 close +0.59% outperforming sector.
Board Meeting Confirmed: Jan 15 for Q3/9M results, trading window closure signals confidence.
Disclaimer & Disclosure:
This analysis is educational only, not investment advice. Past performance ≠ future results. Consult SEBI-registered advisor before trading. Investogainer Research holds no position in 360ONE; data from public sources as of Jan 14, 2026. Risks: results volatility, AUM fluctuations, fee compression, market corrections.