Angel One Ltd (ANGELONE)

Microsoft Global Outage Affects Angel One and Other Brokerages - 20 Jul, 2024

Angel One, along with other Indian brokerages such as 5paisa and IIFL Securities, faced operational disruption due to a global service outage of Microsoft systems. The glitch also impacted airlines operations. Some brokerages have reported that their systems are now restored.

Microsoft Outage Affects Angel One Trading - 19 Jul, 2024

Angel One was among the Indian brokerages affected by a global service outage of Microsoft systems, leading to operational disruptions. Users also reported technical glitches on the platform.

Angel One Faces Slowdown and Regulatory Hurdles - 18 Jul, 2024

Angel One's Q1FY25 results show a drop in client additions and financial performance. Sebi's new norms mandating true to label pricing could lead to loss of clients and revenue. Motilal Oswal has a buy call on the stock with a target price of Rs 3300.

Angel One Reports Strong Q1FY25 Results with Net Profit Jumping Over 30% - 16 Jul, 2024

Angel One Ltd reported strong Q1FY25 results with a net profit surge of over 30% YoY to Rs 293-297 crore and a revenue spike of 74% YoY to Rs 1,394-1,405.5 crore. The company added 2.6 million clients in the quarter but saw a decline in net profit margins on a sequential basis.

Angel One Reports Strong Q1 Results and Adds Active Investors - 15 Jul, 2024

Angel One reported a 32.57% YoY increase in consolidated net profit to Rs 29,272 crore in Q1FY25, with a 74% increase in revenue from operations. The company added 220,000 active investors in June and is expected to surpass Zerodha soon.

Angel One Ltd to Announce Q1FY25 Results - 14 Jul, 2024

Angel One Limited is set to announce its quarterly results for the quarter ended Q1FY25 on July 15, 2024. The company's Revenue from Operations grew by 42.28% from Rs. 3,002 Crores in FY23 to Rs. 4,272 Crores in FY24, accompanied by profits of Rs. 890 Crores to Rs. 1,126 Crores.

Angel One Ltd Stock in Strong Downtrend - 13 Jul, 2024

The Angel One Ltd stock has been in a strong downtrend since mid-January, with the share price tumbling over 40% from its high of ₹3,900. The downtrend is still intact, and there is room for further downside to test ₹2,100-₹2,000. A bounce from around ₹2,000 may provide some relief, but the stock must surpass ₹2,500 to indicate a trend reversal and turn the outlook bullish. As such, it is suggested to exit the stock at current levels and accept the loss.

Connectivity Issue Affects Angel One Trading; Analyst Advises Exit - 12 Jul, 2024

Angel One Ltd's shares are down 13% in July and over 35% YTD. Users complain of squaring off issues due to a BSE connectivity problem. Technical analyst Amit Seth advises exiting positions as the stock trades below key moving averages.

Angel One Suffers Data Breach Impacting Millions of Customers - 10 Jul, 2024

Mumbai-based stock brokerage firm Angel One has reportedly suffered a massive data breach impacting nearly 7.9 million customers. The hacker leaked personal information, including names, addresses, and bank account details on a website. This is the second such incident for the company, which had reported a breach involving sample data and delisted companies from 2021 in April last year. Angel One has assured its clients that no new breach has occurred and their information remains protected.

Angel One Approves Grants of RSUs and PSUs to Eligible Employees - 08 Jul, 2024

Angel One has approved grants of 326 Restrictive Stock Units (RSUs) and 229 Performance Stock Units (PSUs) convertible into Equity Shares under the Angel Broking Employee Long Term Incentive Plan 2021.

Angel One Reports Strong Growth in Client Base - 05 Jul, 2024

Angel One Ltd reported a significant growth in its client base, gross client acquisition, and overall average daily turnover for June 2024. The company's consolidated net profit grew by 27.34% in Q4 FY24 over Q4 FY23. Angel One's stock gained close to 3% following the announcement.

Angel One Ltd Reports Strong Financial Performance - 04 Jul, 2024

Angel One Ltd has reported a 48% annual EPS growth over the last three years, with stable EBIT margins and a 41% revenue increase to ₹41b in the past year. Insiders own 46% of the company.

Angel One Shares Fall Following SEBI's New Circular - 02 Jul, 2024

Angel One Ltd.'s shares fell as much as 10% after SEBI's new circular on transaction charges that may hit revenues for discount brokers. HDFC Securities maintained an add rating but cut the target price to Rs 2750/share. The stock recorded high volumes and reached its day's low of Rs 2307.95. However, it recovered slightly in the afternoon with a volume of 47.47 lakh shares.

Angel One Ltd Receives Buy Rating with 47% Upside Potential - 21 Jun, 2024

Research firm Trade Brains has given a buy rating on Angel One Ltd with a target price of ₹3,850 per share and an upside of 47%. The company's client base surged by 63.3% YoY to 23.83 million in May 2024, while orders increased by 75.2%. In Q4FY24, the company posted a consolidated net profit of ₹340 crores, representing a 31% rise from the previous quarter.