Hot Pursuit     11-Jan-24
Angel One rises as board to mull fund raising
Angel One added 1.52% to Rs 3814.05 after the firm said that its board is scheduled to meet on Monday, 15 January 2024 to consider a proposal for raising funds through issuance of non-convertible securities on private placement basis.
Further, the board of directors will also consider and approve the unaudited financial results (standalone and consolidated) of the company for the quarter and nine months ended 31 December 2023 as on the same date.

Angel One is the largest listed retail stock broking house in India, in terms of active clients on NSE. The company provides broking and advisory services, margin funding, loans against shares and distribution of third-party financial products to its clients. The broking and allied services are offered through online and digital platforms and network of authorized persons.

The brokerage company's consolidated net profit (from continuing operations) jumped 42.56% to Rs 304.5 crore in Q1 FY24 as compared with Rs 213.6 crore in Q2 FY23. Total income increased by 40.6% to Rs 1,047.9 crore in Q2 FY24 as against Rs 745.3 crore posted in Q2 FY23.

Previous News
  Market opens at new life highs; breadth strong
 ( Market Commentary - Mid-Session 03-Jun-24   09:39 )
  Angel One arm incorporates wholly owned subsidiary in Maharashtra
 ( Hot Pursuit - 03-Jun-24   08:23 )
  Angel One gains as client base soars 48% YoY in September
 ( Hot Pursuit - 06-Oct-23   10:07 )
  Angel One gains as Q1 PAT rises 22% YoY to Rs 221 cr
 ( Hot Pursuit - 14-Jul-23   09:50 )
  Angel One fixes record date for interim dividend
 ( Market Beat - Reports 16-Jan-24   19:33 )
  Angel One allots 9,463 equity shares under ESOP
 ( Corporate News - 28-Oct-23   10:36 )
  Angel One allots 6647 equity shares under ESOP
 ( Corporate News - 22-Jun-23   10:07 )
  Angel One client base climbs 61% YoY in February
 ( Hot Pursuit - 04-Mar-24   10:38 )
  Angel One update on business performance in December 2022
 ( Corporate News - 04-Jan-23   09:43 )
  Angel One client base rises 5.2% MoM in March'22
 ( Hot Pursuit - 06-Apr-22   10:41 )
  Angle One announces key business parameters for October 2022
 ( Corporate News - 04-Nov-22   09:10 )
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