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Angel One trades with traction as its Q2FY25 consolidated net profit surges 39% to Rs 423.37 crore
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Angel One is currently trading at Rs. 3169.85, up by 448.10 points or 16.46% from its previous closing of Rs. 2721.75 on the BSE.
The scrip opened at Rs. 2906.05 and has touched a high and low of Rs. 3211.90 and Rs. 2864.85 respectively. So far 690639 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. 2027.25 on 23-Jul-2024.
Last one week high and low of the scrip stood at Rs. 3230.50 and Rs. 2551.00 respectively. The current market cap of the company is Rs. 28717.15 crore.
The promoters holding in the company stood at 35.61%, while Institutions and Non-Institutions held 25.00% and 39.39% respectively.
Angel One has reported 43.25% rise in its net profit at Rs 437.33 crore for second quarter ended September 30, 2024 (Q2FY25) as compared to Rs 305.30 crore for the same quarter in the previous year. Total income of the company increased by 43.81% at Rs 1,502.46 crore for Q2FY25 as compared to Rs 1,044.74 crore for the corresponding quarter previous year.
On consolidated basis, the company has reported 39.06% rise in net profit at Rs 423.37 crore for Q2FY25 as compared to Rs 304.45 crore for the same quarter in the previous year. Total income of the company increased by 44.47% at Rs 1,515.96 crore for Q2FY25 as compared to Rs 1,049.32 crore for the corresponding quarter previous year.
