360 ONE WAM Receives 'Buy' Rating from MarketsMOJO, Showcases Strong Performance and Growth Potential

360 ONE WAM, a leading finance and NBFC company, has recently received a 'Buy' rating from MarketsMOJO. This upgrade is based on the company's strong long-term fundamental strength, with an average Return on Equity (ROE) of 14.99%.
The company has also shown positive results for the last three consecutive quarters, with a growth of 49.06% in PAT (HY), the highest net sales of Rs 862.76 crore, and a growth of 53.9% in PBT LESS OI (Q). This showcases the company's consistent performance and potential for future growth.

From a technical standpoint, the stock is currently in a bullish range and has shown improvement from a mildly bullish trend on 26-Nov-24. Multiple factors, such as MACD, Bollinger Band, and KST, indicate a bullish trend for the stock.

Moreover, 360 ONE WAM has consistently outperformed BSE 500 in the last three annual periods and has generated a remarkable return of 100.88% in the last year alone.

However, there are some risks associated with investing in this stock. The company's long-term growth may be affected as its net sales have grown at an annual rate of 16.76% and operating profit at 9.37%. Additionally, with a ROE of 25.2, the stock is currently trading at a very expensive valuation with a 10.8 price to book value.

Despite these risks, 360 ONE WAM has proven to be a strong performer in the market and has consistently delivered positive returns. With its strong fundamentals and bullish technical trend, the stock is a promising investment option for those looking to invest in the finance and NBFC industry.