India's IIFL Finance, 360 One Wam, 5paisa gain on conclusion of tax searches
** IIFL Finance IIFL.NS rises 3.3%; wealth management
firms 360 One Wam ONEW.NS and 5paisa Capital PAIS.NS gain
4.7% and 3.4%, respectively
** Income tax authorities have concluded searches at their
premises, IIFL Finance, 360 One Wam and 5paisa Capital say
** IIFL rated "strong buy", ONEW rated "buy" on avg; PAIS
not rated - LSEG
** YTD, ONEW's ~18% loss steepest among three; IIFL and PAIS
down ~12% and ~15%, respectively
(Reporting by Hritam Mukherjee in Bengaluru)
((Hritam.Mukherjee@thomsonreuters.com;))
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