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Angel One gains on planning to raise funds
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Angel One is currently trading at Rs. 3781.80, up by 10.20 points or 0.27% from its previous closing of Rs. 3771.60 on the BSE.
The scrip opened at Rs. 3841.85 and has touched a high and low of Rs. 3841.85 and Rs. 3751.30 respectively. So far 4388 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 3900.35 on 09-Jan-2024 and a 52 week low of Rs. 1000.00 on 01-Mar-2023.
Last one week high and low of the scrip stood at Rs. 3900.35 and Rs. 3692.30 respectively. The current market cap of the company is Rs. 31748.38 crore.
The promoters holding in the company stood at 38.24%, while Institutions and Non-Institutions held 28.43% and 33.33% respectively.
Angel One is planning to raise funds through the issuance of non-convertible securities on a private placement basis. The Board Meeting of the company scheduled to be held on January 15, 2024, to inter alia consider and approve the same.
Angel One is a technology-led financial services company providing broking and advisory services, margin funding, loans against shares (through one of its Subsidiaries, AFPL) and financial products distribution to its clients under the brand ‘Angel Broking’.
