Angel One Ltd Share Price – NSE /  BSE

Stock/ Commodity Brokers, Small Cap

The domestic equity benchmarks traded with minor losses in morning trade, influenced by weak sentiment in global markets stemming from increasing concerns over the potential escalation of conflict between Israel and Iran. The Nifty traded near the 25,200 level. Realty shares extend losses for the fifth consecutive trading session.

At 10:30 ST, the barometer index, the S&P BSE Sensex, was down 149.88 points or 0.18% to 82,353.04. The Nifty 50 index fell 46.90 points or 0.19% to 25,203.20.

In the broader market, the S&P BSE Mid-Cap index fell 0.25% and the S&P BSE Small-Cap index shed 0.23%.

The market breadth was negative. On the BSE, 1,706 shares rose and 1,917 shares fell. A total of 167 shares were unchanged.

New Listing:

Shares of Diffusion Engineers were currently trading at Rs 197.35 at 10:15 IST on the BSE, representing a premium of 17.47% as compared with the issue price of Rs 168.

The scrip was listed at Rs 188, exhibiting a premium of 11.90% to the issue price.

So far, the stock has hit a high of 197.35 and a low of 188. On the BSE, over 1.34 lakh shares of the company were traded in the counter so far.

Buzzing Index:

The Nifty Realty index declined 2.05% to 1,027.50. The index slumped 9.17% in five consecutive trading sessions.

Macrotech Developers (down 2.8%), Godrej Properties (down 2.64%), Prestige Estates Projects (down 2.17%), DLF (down 1.97%), Phoenix Mills (down 1.89%), Raymond (down 0.94%), Oberoi Realty (down 0.65%), Sobha (down 0.51%) edged lower.

On the other hand, Mahindra Lifespace Developers (up 1.14%), Brigade Enterprises (up 0.38%) edged higher.

Stocks in Spotlight:

Angel One slipped 2.75%. The company said that its client base jumped 61% to 27.49 million in September 2024 as compared with 17.07 million in September 2023.

Shilpa Medicare added 2.43% after the pharma major informed that its 100% subsidiary, Shilpa Pharma Lifesciences received certificate of suitability (CEP) from EDQM (European Directorate for the Quality of Medicines & Healthcare) for API, Desmopressin.

Alembic Pharmaceuticals gained 1.28% after the company said that it has received final approval from the US Food & Drug Administration (US FDA) for its abbreviated new drug application (ANDA) Alcaftadine Ophthalmic Solution.

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On sequential basis, the company’s client base increased 3.2% in September 2024 from 26.65 million posted in August 2024.

Gross client acquisition stood at 0.95 million in September 2024, registering growth of 23.3% over 0.77 million in September 2023.

Angel's overall average daily turnover (ADTO) was at Rs 47,93,000 crore in September 2024, up 6.9% MoM and up 47.5% YoY. The ADTO from F&O segment stood at Rs 47,17,300 crore in September 2024, up 6.9% MoM and up 47.3% YoY.

ADTO from cash segment was at Rs 9,100 crore (down 4.9% MoM while up 72.8% YoY ) and ADTO commodity segment stood at Rs 66,600 crore (up 9.7% MoM and up 106.4% YoY) in September 2024.

Angel One is the largest listed retail stock broking house in India, in terms of active clients on NSE. The company provides broking and advisory services, margin funding, loans against shares and distribution of third-party financial products to its clients. The broking and allied services are offered through online and digital platforms and network of authorized persons.

The brokerage firm reported 32.56% jump in consolidated net profit (from continuing operations) to Rs 292.73 crore in Q1 FY25 as against Rs 220.82 crore recorded in Q1 FY24. Revenue from operations jumped 74.05% YoY to Rs 1,405.45 crore in Q1 FY25.The scrip rose 0.54% to currently trade at Rs 2,354.90 on the BSE.

The counter declined 2.54% to Rs 2,670 on the BSE.

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Angel One announced its key business parameters for the month of September 2024.

The company's client base stood at 27.49 million (up 3.2% on MoM basis; up 61% on YoY basis).

Average client funding book stood at Rs 4089 crore (up 6.1% on MoM basis; up 152.4% on YoY basis).

Based on notional turnover, the overall average daily turnover (ADTO) stood at Rs 4793000 crore (up 6.9% on MoM basis; up 47.5% on YoY basis)

Based on notional turnover, the F&O ADTO stood at Rs 4717300 crore (up 6.9% on MoM basis; up 47.3% on YoY basis)

Cash ADTO stood at Rs 9100 crore (down 4.9% on MoM basis; up 72.8% on YoY basis)

Commodity ADTO stood at Rs 66600 crore (up 9.7% on MoM basis; up 106.4% on YoY basis)

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Angel One has allotted 16,081 equity shares of the Company of face value of Rs. 10 each to the eligible employees of the Company under Angel Broking Employee Long Term Incentive Plan 2021.

Consequent to the said allotment, the issued, subscribed, and paid-up capital of the Company stands at Rs. 901,509,940 comprising of 90,150,994 equity shares of face value of Rs. 10 each.

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