UBS acquires 4.8% stake in wealth manager 360 ONE WAM through warrant exercise
360 One Wam pursued an acquisition.
· Economic Times Markets, ET Stocks, LiveMint Markets
UBS has acquired a 4.8% stake in 360 ONE WAM by exercising 2.05 crore warrants and paying around Rs 1,584 crore. The transaction follows a partnership announced in April 2025, under which UBS agreed to sell its Indian onshore wealth management business to the Mumbai-based firm for about $32 million.
The analysis
360 One Wam reported Rs 1,584 crore, with movement of 4.8% attached to those lines. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is -3.7% on the day at ₹985.00, and has returned -13.8% over three months. It sits 19% below its 52-week high. The capital markets sector has moved -6.3% over the same period, so 360 One Wam is running 7.5 points behind its peers.
For 360 One Wam, the question is how much of this is already reflected in the price and how much re-rates the capital markets peer set alongside it.
Market context
- In focus: 360 One Wam (360ONE), in Capital Markets.
- Over three months: 360 One Wam -13.8% against Capital Markets -6.3% (7.5 points behind).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| 360 One Wam360ONE · Capital Markets | ₹985.00 | -3.7% | -4.4% | -13.8% | -18.6% | 0.6× | — |
Capital Markets
1M -2.9% · 3M -6.3%
360 One Wam
Prices as of 30 Oct 2026, 16:10 IST. Sector moves are the average of the stocks we track in each sector.
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