|
Shares of the Angel One soared 12.46% in nine trading sessions from its previous closing low of Rs 1522.25 posted on 29 March 2022. The stock has zoomed nearly 506.9% from its 52-week low of Rs 282.10 recorded on 12 April 2021.
On BSE, 0.47 (lakh) shares were traded in Angel One counter, compared to a 2-week average of 0.58 (lakh) shares. The stock hit an all-time high of Rs 1782.15 and an intraday low of Rs 1695.10.
Meanwhile, last week, the company's client base surged 123.7% YoY as against 4.12 million in March 2021.Gross client acquisition was 0.48 million in March 2022 compared with 0.45 million in February 2022 (up 6%) and 0.38 million in March 2021 (up 26.4%).
Angel's overall average daily turnover (ADTO) was Rs 8,84,200 crore in March 2022 (down 0.4% MoM and up 121.6% YoY). The company's ADTO from the F&O segment stood at Rs 8,58,700 crore, accounting for 97.12% of the overall ADTO during the month.
The stock is trading above its 50 and 200 days simple moving average placed at Rs 1656.48 and Rs 1503.52 respectively. These levels will act as crucial support zones in near term.
Angel Broking is engaged in the business of stock, currency and commodity broking, providing margin trading facility, depository services and distribution of mutual funds, to its clients; and earns brokerage, fees, commission and interest income thereon. The Company has also been providing portfolio management services.
The company's consolidated net profit jumped 124.9% to Rs 164.55 crore on a 92.4% increase in the total income to Rs 607.11 crore in Q3 FY22 over Q3 FY21.
|