Hot Pursuit     06-May-24
Angel One client base climbs 63% YoY in April
The brokerage company’s client base jumped 62.7% to 22.99 million in April 2024 as against 14.13 million recorded in April 2023.

On month on month (MoM) basis, the company's client base grew by 3.4% in April 2024 from 22.24 million posted in March 2024.

Gross client acquisition stood at 0.76 million in April 2024, down 10.2% over March 2024 and up 96.8% over April 2023.

Angel One’s average daily orders (ADO) stood at Rs 6.77 million in April 2024, down 7.8% MoM and up 68.6% YoY.

The company’s average daily orders (ADO) stood at Rs 6.77 million in April 2024, down 7.8% MoM and up 68.6% YoY.

Angel's overall average daily turnover (ADTO) was at Rs 41,90,000 crore in April 2024, down 4.77% MoM and up 90.6% YoY. The company's ADTO from the F&O segment stood at Rs 41,36,600 crore in April 2024 (down 4.8% MoM and up 91.2% YoY).

ADTO from the cash segment was at Rs 7,600 crore (up 19.6% MoM while up 169.6% YoY) and ADTO from the commodity segment stood at Rs 45,300 crore (up 11.6% MoM and up 114% YoY) in April 2024.

The company's turnover market share in cash market share was at 16.4% (up 112 bps MoM and up 354 bps YoY) in April 2024. The company's turnover market share in commodity segment was at 57.6% (down 120 bps MoM and up 223 bps YoY) during the period under review.

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’s consolidated net profit grew by 27.34% to Rs 339.95 crore on 63.46 % jump in total income to Rs 1,358.54 crore in Q4 FY24 over Q4 FY23.

The scrip shed 3.20% to currently trade at Rs 2,635.85 on the BSE.

Previous News
  Angel One, Vodafone Idea, Bajaj Auto will be watched
 ( Market Commentary - Stock Alert 23-Feb-24   08:47 )
  Angel One hits life high as client base climbs 56% YoY in December
 ( Hot Pursuit - 04-Jan-24   10:28 )
  Angel One announces change in Chief Product and Technology Officer
 ( Corporate News - 04-Sep-23   17:13 )
  Angel One client base climbs 61% YoY in February
 ( Hot Pursuit - 04-Mar-24   10:38 )
  Angel One allots 3,002 equity shares under ESOP
 ( Corporate News - 23-Mar-23   17:26 )
  Angel One achieves client base of 20 million
 ( Corporate News - 25-Jan-24   15:14 )
  Sensex, Nifty trade sideways; auto shares edge lower
 ( Market Commentary - Mid-Session 21-Apr-23   14:33 )
  Angel One grants 1060 stock options and 710 RSUs
 ( Corporate News - 04-Jan-23   15:55 )
  Angel One announces key business parameters for Feb'23
 ( Corporate News - 03-Mar-23   08:40 )
  Angel One business performance update for month of April 2022
 ( Corporate News - 05-May-22   08:45 )
  Angel One grants 4.40 lakh stock options
 ( Corporate News - 28-Mar-23   09:16 )
Other Stories
  Kirloskar Ferrous Q4 PAT drops 81% YoY to Rs 18 cr
  18-May-24   16:00
  ZEEL reports turnaround Q4 numbers
  18-May-24   15:46
  NHPC Q4 PAT slides 18% to Rs 610 cr
  18-May-24   15:20
  Nestle India ends higher after public shareholders reject royalty hike proposal to Swiss parent
  18-May-24   15:12
  Sobha Q4 PAT drops 85% YoY to Rs 7 cr
  18-May-24   15:05
  Kirloskar Ferrous Industries Ltd leads losers in 'A' group
  18-May-24   15:00
  Vindhya Telelinks Ltd leads losers in 'B' group
  18-May-24   14:45
  Volumes soar at MTAR Technologies Ltd counter
  18-May-24   14:30
  Ashok Leyland Ltd up for third consecutive session
  18-May-24   13:05
  Zee Entertainment Enterprises Ltd spurts 4.37%
  18-May-24   13:05
Back Top