Angel One share: Shares of financial services providing company Angel One Limited saw a rise of up to 4.58 percent today on January 6. However, this momentum could not be sustained amid heavy selling in the market. This stock closed at Rs 2754.65 with a decline of 3.59 percent on BSE. In fact, the company registered a 51.7 percent increase in its client base to 2.95 crore in December 2024. After this news, there was movement in the shares of the company today. The market cap of the company is Rs 24,860 crore. The stock’s 52-week high is Rs 3900.35 and 52-week low is Rs 2027.25.
How was the performance of Angel One?
Angel One has released its performance update for December 2024 and Q3FY25. It recorded year-on-year growth in client base, average client funding and unique mutual fund SIP (Systematic Investment Plan) registrations and decline in trading activity and gross client acquisition.
The company’s client base grew by 2.6 percent on a monthly basis in December 2024. However, the company’s gross client acquisition declined by 25.9 per cent to Rs 7.8 lakh in December 2024 compared to the previous year, despite a strong growth of 29.3% on a monthly basis.
The number of orders declined to 119 million, a decline of 13.0 percent from last year and a decline of 8.8% on a monthly basis. Average daily orders declined 21.8% compared to last month and 17.1% compared to last year to 5.69 million. The number of unique SIPs increased by 98.9 per cent to 872,000 compared to the previous month. The commodity segment saw a strong growth of 89.6 per cent year-on-year to ₹634 billion, but declined by 12.5% compared to the previous month.
Angel One stock performance
Shares of Angel One have fallen by more than 16 percent in the last one month. However, this stock has risen by about 18 percent in the last 6 months. This stock has fallen 27 percent in the last one year. However, in the last 4 years its investors have got a strong return of 657 percent.
Disclaimer: The information provided here is for information only. It is important to mention here that investing in the market is subject to market risks. As an investor, always consult an expert before investing money. Moneycontrol never advises anyone to invest money here.