360One and UBS on April 22, 2025 came together for an exclusive strategic collaboration for making wealth management solutions available to domestic and global clients.
(Photo: Radhakisan Raswe/ Source: NDTV Profit)
Considering the growth opportunities and synergies from the B&K acquisition and UBS collaboration, structural opportunity in wealth management along with a new segment (HNI) and the play on alternatives through the asset management segment, the brokerage maintains its multiple at 35x on FY27E EPS of Rs 33.5. The brokerage now factors in additional dilution due to UBS buying 4.95% stake in 360One and added 20.5 million new shares, exp...