360 One Wam Share Price Jumps Nearly 5% Ahead of Key Board Meeting on Fundraising

360 One Wam shares rose by 4.7% during early trade on Thursday, hitting an intraday high of ₹990 on the BSE. The stock gained momentum as investors responded to news about the company’s upcoming board meeting scheduled for Tuesday, April 22, 2025.

Board to Discuss Fundraising Plans

The company announced that its board will consider issuing equity shares and/or warrants through a preferential issue. The pricing and other details of this issuance will also be discussed in the meeting.

Also Read, NBCC Share Price Rises 3.75% on April 17; Eyes ₹25,000 Cr Revenue by FY29.  

Stock Update and Market Comparison

Around 11:15 AM, 360 One Wam share price was trading slightly lower at ₹987.6, still up 4.52% for the day. In contrast, the BSE Sensex saw only a minor gain of 0.03%, reaching 77,064.37. 360 One Wam’s market capitalisation stood at ₹38,819.98 crore. The stock’s 52-week high is ₹1,317.25, and the 52-week low is ₹695.

Over the past year, 360 One Wam’s share price has increased by 18%, significantly outperforming the Sensex, which gained about 6% during the same period.

Company Background

360 One Wam is a Mumbai-based wealth and asset management firm. It offers services such as portfolio management, corporate treasury solutions, lending, and other financial products to high-net-worth individuals and businesses.

Upcoming Q4 Results and Dividend Decision

The company will declare its financial results for Q4 FY25 on April 23, 2025. On the same day, the board will also consider announcing the first interim dividend for FY2025- 26 and raising up to ₹250 crore through the issue of non-convertible debt securities via private placement.

Conclusion

360 One Wam’s recent rally reflects investor optimism ahead of key announcements on fundraising, earnings, and dividends. With strong yearly gains and upcoming strategic moves, the stock remains one to watch in the wealth management space.

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