IMHO, you’ve got a very steep uphill battle to make a cheap hunting rifle with a hunting cartridge chambering shoot one hole groups.
However, I wouldn’t dissuade you from giving it a go because it’s fun to try. Just make sure you manage expectations because trying to get even an expensive custom hunting rig to shoot “one hole groups” can be frustrating.
A few comments.
1. I think you may be at the max accuracy now but 2 shot groups won’t tell you much.
2. Achieving max accuracy is a process of eliminating causes of variation introduced by the shooter, the rifle and finally the load. There’s a reason that target rigs are designed differently than hunting rigs. They’re heavier to minimize movement, with heavy barrels that don’t change shape as they heat up, adjustable cheek risers, adjustable length of pull, ultra light triggers, etc. All things that a $400 Walmart special isn’t. Without a way to eliminate the variables introduced by the rifle, load development will have limited value.
3. Target quality .277 caliber bullets offerings are sparse and the .270 isn’t known an an inherently super accurate cartridge. That’s an 8 ball you’ll have a hard time getting out from behind of.
I have a custom hunting rig made from an FN SPR (Winchester model 70). Trued action, proof barrel, Timney trigger, McMillan stock with adjustable cheek piece and a Swarovski 3-18x50 scope
I’ve developed multiple hunting loads for it, all with attention toward the most accuracy I can wring out of it. The best I can achieve is 5 shot groups in the 0.4-0.5 MOA range.
View attachment 1180222
That’s not even close to what my dedicated target rifles do on a consistent basis but they’re designed for different purposes.
My suggestion is to shoot some multiple 5 shot groups to set a baseline and see what tweeks here and there get you