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360ONE - Investment Analysis: Buy Signal or Bull Trap?

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Rating: 2

Last Updated Time : 05 Feb 26, 09:05 am

Investment Rating: 2.0

Stock Code 360ONE Market Cap 47,277 Cr. Current Price 1,167 ₹ High / Low 1,274 ₹
Stock P/E 218 Book Value 181 ₹ Dividend Yield 1.03 % ROCE 11.2 %
ROE 10.0 % Face Value 1.00 ₹ DMA 50 1,141 ₹ DMA 200 1,099 ₹
Chg in FII Hold -0.36 % Chg in DII Hold 0.14 % PAT Qtr 0.45 Cr. PAT Prev Qtr 34.3 Cr.
RSI 55.0 MACD -4.18 Volume 10,13,910 Avg Vol 1Wk 11,18,548
Low price 766 ₹ High price 1,274 ₹ PEG Ratio -531 Debt to equity 0.19
52w Index 79.0 % Qtr Profit Var -99.4 % EPS 5.42 ₹ Industry PE 20.0

📊 The stock 360ONE shows signs of overvaluation with a P/E ratio of 218 compared to the industry average of 20. Earnings growth is weak (EPS 5.42 ₹, quarterly profit variance -99.4%), and the PEG ratio is negative (-531), indicating poor growth relative to price. ROE (10%) and ROCE (11.2%) are modest, not strong enough to justify such high valuations. Dividend yield is low at 1.03%. Technicals show the stock trading above its 200 DMA (1,099 ₹), but momentum indicators (MACD negative, RSI neutral at 55) suggest limited upside.

💡 Ideal Entry Price Zone: 900 ₹ – 1,000 ₹, closer to valuation comfort and long-term DMA support. Current price (1,167 ₹) is expensive relative to fundamentals.

📌 Exit Strategy / Holding Period: If already holding, consider partial exit near resistance levels (~1,200 ₹). Long-term investors should only hold if expecting structural earnings recovery. Otherwise, reallocate capital. Holding period should be limited until ROE/ROCE improve and earnings visibility strengthens.

Positive

  • Large market capitalization (47,277 Cr.) ensures liquidity.
  • Low debt-to-equity ratio (0.19) indicates financial stability.
  • Stock trading above 200 DMA shows medium-term technical strength.

Limitation

  • Extremely high P/E ratio (218) compared to industry average (20).
  • Negative PEG ratio (-531) highlights poor earnings growth.
  • Quarterly profit collapsed from 34.3 Cr. to 0.45 Cr. (-99.4%).

Company Negative News

  • Sharp decline in quarterly profits raises sustainability concerns.
  • FII holding decreased (-0.36%), showing reduced foreign investor confidence.

Company Positive News

  • DII holding increased (+0.14%), indicating domestic institutional support.
  • Consistent dividend payout with yield of 1.03%.

Industry

  • Industry P/E is 20, far below the company’s valuation, suggesting peers are more reasonably priced.
  • Wealth management and financial services sector has long-term growth potential in India.

Conclusion

⚠️ 360ONE is currently overvalued with weak earnings visibility. It is not an ideal candidate for long-term investment at current levels. Entry should be considered only around 900–1,000 ₹ for valuation comfort. Existing holders may exit near resistance (~1,200 ₹) unless earnings growth improves significantly.

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