Angel One zooms on reporting 63% growth in client base during May 2024
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Angel One is currently trading at Rs. 2348.95, up by 91.75 points or 4.06% from its previous closing of Rs. 2257.20 on the BSE.
The scrip opened at Rs. 2305.10 and has touched a high and low of Rs. 2406.35 and Rs. 2285.15 respectively. So far 62781 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. 1,379.30 on 06-Jun-2023.
Last one week high and low of the scrip stood at Rs. 2648.00 and Rs. 2126.10 respectively. The current market cap of the company is Rs. 21215.42 crore.
The promoters holding in the company stood at 38.21%, while Institutions and Non-Institutions held 26.76% and 35.03% respectively.
Angel One has reported 63.3% growth in client base to 23.83 million in May 2024 as against 14.59 million recorded in May 2023. The company's client base rose by 3.7% month on month (MoM) from 22.99 million clients in April 2024.
Its overall average daily turnover (ADTO) stood at Rs 43,79,900 crore in May 2024 as against to Rs 22,03,700 crore in May 2023, i.e. up by 98.8%. Average daily turnover from F&O segment stood at Rs 43,21,100 crore, in May 2024. Cash segment’s ADTO was at Rs 8300 crore in same period. Commodity’s ADTO stood at Rs 50,600 crore in May 2024.
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’.
