Promoters, Staff Sell Rs. 483 Cr Stake in 360 ONE WAM Following UBS Deal Rally

Promoters, Staff Sell Rs. 483 Cr Stake in 360 ONE WAM Following UBS Deal Rally
Promoters, Staff Sell Rs. 483 Cr Stake in 360 ONE WAM Following UBS Deal Rally
4 Min Read

Profit-booking follows 26% stock rally since April after UBS India wealth arm acquisition; insiders cash in as valuation peaks

360 ONE WAM shares have come under pressure as promoters and employees offloaded stock worth ₹482.79 crore over the past three months, capitalizing on a sharp post-deal rally. The surge began on April 22, 2025, when the firm announced a ₹307-crore acquisition of UBS India’s wealth management and broking operations, a move that instantly boosted market sentiment and triggered a steep upward price trajectory.

Insiders—led by promoters—seized the rally to monetize gains, with stock exchange data showing that promoter stake sales alone amounted to ₹374.43 crore, while employees sold shares worth ₹108.36 crore. The sell-off was led by Capital Group, which has now emerged as a significant institutional holder with an 11% stake.

  • Promoters and employees sold shares worth ₹483 crore since April 22, 2025

  • Stock rallied 26% from April 22 to July 16, reaching ₹1,199.30 on the BSE

  • Acquisition includes ₹26,000 crore AUM from UBS India

Also Read : India’s iPhone Exports Jump 53% in H1 2025, US Drives Record Growth

Stock Reaction and Technical Snapshot

Despite strong fundamental triggers, the stock showed signs of fatigue amid the profit-booking wave. As of July 17, 360 ONE WAM was trading marginally higher at ₹1,202.60, up 0.42% intraday on the NSE. The broader uptrend remains intact on technical charts, but analysts are cautious of supply pressure in the short term.

RSI is approaching overbought levels near 68, while MACD signals a weakening bullish momentum. The stock is currently above its 50-DMA and 200-DMA, indicating sustained bullishness if it holds above ₹1,180, but faces resistance at the ₹1,225–1,250 zone.

“The stock could consolidate in the near term due to insider sales, but remains structurally strong post-UBS acquisition,” said a senior analyst at a Mumbai-based brokerage.

  • Key support: ₹1,150

  • Resistance zone: ₹1,225–1,250

  • RSI at 68 suggests overbought condition

  • High delivery volumes indicate institutional absorption

Sectoral Buzz and Market Breadth

The wealth management and financial services space remained active this week, with 360 ONE WAM’s post-deal moves drawing attention across NBFC and AMC stocks. While broader indices traded rangebound, Nifty Financial Services edged up 0.5%, supported by selective buying in ICICI Prudential, HDFC AMC, and Aditya Birla Capital.

FIIs were net buyers on July 16, pumping in ₹922 crore, while DIIs booked profits worth ₹748 crore, showing mixed market sentiment. In terms of participation, midcaps continued to outperform with stocks like Anand Rathi Wealth gaining over 3%.

  • Nifty 50 closed flat; Nifty Fin Services up 0.5%

  • FII inflow of ₹922 crore on July 16

  • Insider selling trend closely watched for wealth managers

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Trading Outlook: What to Watch Next

Traders should stay alert to further insider trades and delivery data trends in 360 ONE WAM, especially if the stock struggles to sustain above key resistance levels. The broader wealth management sector may see a rerating if the UBS deal integration unlocks synergies as expected in upcoming quarters.

Global macro signals—especially from US earnings and rate expectations—will also be critical in driving market direction. Near-term, investors will eye Q1 FY26 earnings from key financial sector players next week.

Watchlist:

  • 360 ONE WAM: Watch for sustained trade above ₹1,225 for breakout confirmation

  • ICICI Securities: Positive bias ahead of Q1 earnings

  • HDFC AMC: Technical breakout above ₹2,900 likely on strong inflows

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Pradeep Sangatramani, founder and CEO of NiftyTrader, is an IIM Calcutta alumnus with a background in engineering. Passionate about the stock market from early on, he spent years studying its dynamics and working in roles focused on market analysis, trading tools, and financial data. Realising the challenges traders face in accessing user-friendly tools, he built NiftyTrader to offer data-driven, easy-to-use solutions. Committed to transparency and education, Pradeep actively shares insights through articles and webinars, aiming to empower traders at all levels.
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