Hot Pursuit     03-Dec-21
Angel One in demand after client base jumps 146% YoY
Angel One jumped 3.79% to Rs 1,167.95 after the stock broker said its client base jumped 146% year-on-year to 7.32 million in November 2021 over November 2020.
On a sequential basis, the firm's client base grew 5.6% from 6.93 million clients in October 2021. Gross client acquisition stood at 0.45 million in November 2021, rising 3.5% from October 2021 and 193% from November 2020.

The company's retail turnover market share in overall equity segment rose to 21% in November 2021 compared with 15.4% in November 2020. Retail turnover market share in F&O (derivatives) segment stood at 21.1%, in November 2021 as against 20.8% in October 2021. The figure stood at 15.4% in November 2020.

Angel One, previously known as Angel Broking is one of the largest retail broking houses in India in terms of active clients on NSE. It's a technology-led financial services company providing broking and advisory services, margin funding, loans against shares and financial products distribution to clients.

The company posted an 80.2% jump in consolidated net profit to Rs 134.2 crore on a 69.3% increase in total income to Rs 538.16 crore in Q2 FY22 over Q2 FY21. The stock broking company's profit before tax jumped 80.2% to Rs 179.31 crore in Q2 FY22 over Q2 FY21.

Previous News
  Sensex declines 150 pts; realty shares slide for 5th day
 ( Market Commentary - Mid-Session 04-Oct-24   10:32 )
  Angel One client base rises 61% YoY in September 2024
 ( Hot Pursuit - 04-Oct-24   10:13 )
  Angel One record 6% MoM growth in average client funding book in Sep
 ( Corporate News - 04-Oct-24   09:58 )
  Angel One allots 16,081 equity shares under ESOP
 ( Corporate News - 26-Sep-24   13:26 )
  Angel One to conduct board meeting
 ( Corporate News - 26-Sep-24   10:05 )
  Market at day’s low; European mkt decline
 ( Market Commentary - Mid-Session 06-Sep-24   13:36 )
  Barometers trade with major losses; bank shares slide ; VIX spurts 4.02%
 ( Market Commentary - Mid-Session 06-Sep-24   12:38 )
  Angel One client base soars 63% YoY in Aug'24
 ( Hot Pursuit - 06-Sep-24   11:35 )
  Angel One allots 23,093 equity shares under ESOP
 ( Corporate News - 29-Aug-24   15:30 )
  Volumes jump at Allcargo Logistics Ltd counter
 ( Hot Pursuit - 20-Aug-24   14:30 )
  Angel One appoints Manmohan Singh as Group Chief Risk Officer
 ( Corporate News - 14-Aug-24   13:01 )
Other Stories
  UCO Bank’s total advances jump 19% YoY in Q2 FY25
  04-Oct-24   15:15
  Vakrangee Ltd leads losers in 'A' group
  04-Oct-24   15:00
  Kamdhenu Ventures Ltd leads losers in 'B' group
  04-Oct-24   14:45
  GRSE bags Rs 226-cr LoA from West Bengal Govt
  04-Oct-24   14:40
  Volumes soar at Avenue Supermarts Ltd counter
  04-Oct-24   14:30
  Real Estate stocks edge lower
  04-Oct-24   14:00
  Auto stocks edge lower
  04-Oct-24   14:00
  Utilties stocks edge lower
  04-Oct-24   14:00
  HDFC Bank Ltd down for fifth straight session
  04-Oct-24   13:35
  Power Grid Corporation of India Ltd down for fifth straight session
  04-Oct-24   13:35
Back Top