Angel One shares gain 4% on robust client growth
Shares of Angel One Limited surged 3.92 per cent to ₹3,437.60 on the BSE at 2.05 pm today
According to a businessline report on December 6, 2024, the financial services firm reported a 56 per cent y-o-y increase in its client base, reaching 28.78 million customers.
Additionally, its average client funding book expanded by a substantial 113.8 per cent to ₹39.65 billion.
Angel One also witnessed a surge in mutual fund Systematic Investment Plan (SIP) registrations, up 130.9 per cent to 650,990 unique registrations. The company maintained a good market share in commodities (59.7 per cent) and equity options (19.8 per cent).
The stock closed at ₹3423.50 up 3.99 per cent on the BSE.
