India's 360 One climbs most in 4 months on dividend, bonus share plans

360 One Wam

12/01/2023 04:19

** Shares of 360 One Wam Ltd  IIFW.NS , formerly known as
IIFL Wealth Management, surge as much as 8.5% to 1,907 rupees in
their largest intraday climb since Sept 16, 2022
    ** Stock hits highest level since Dec 21
    ** The wealth management firm says it will consider interim
dividend and issue of bonus shares at a board meeting on Jan 19
    ** Co to also consider share split at the same meeting
    ** Over 101,000 shares traded, half the 30-day moving
average
    ** Stock posted a second consecutive annual gain in 2022,
rising 25.1% last year
 (Reporting by Varun Vyas in Bengaluru)
 ((varunvyas.hebbalalu@thomsonreuters.com;))