Angel One Ltd (ANGELONE)

Angel One AP Fined for Running Illegal Advisory - 17 May, 2024

Abid Ali, an authorised person of Angel One, has been fined Rs 9 lakh by SEBI for running an illegal investment advisory named Trade 26 Research and defrauding the public.

Angel One Launches Financial Content Platform; Brokerage Fined for Illegal Advisory - 16 May, 2024

Angel One Ltd launches Fin One, a financial content platform offering guidance on cryptocurrency investment strategies, sustainable investing principles, and ESG criteria. Meanwhile, an authorized person of a listed brokerage is fined Rs 9 lakh for running an illegal advisory.

Motilal Oswal Gives Buy Rating to Angel One with Target Price of Rs 4,200 - 14 May, 2024

Angel One Ltd's net brokerage income has increased by 65%, and total operating expenses have increased by 114% annually and 26% quarterly. The stock is currently trading at Rs 2,689 with a market cap of over Rs 24,174 crore.

Angel One Client Base Jumps 62.7% YoY - 06 May, 2024

Angel One Ltd's client base jumped 62.7% YoY to 22.99 million in April 2024, while gross client acquisition declined for the fourth consecutive month. Unique Mutual Fund SIP registrations rose by 3.8% MoM and 197.2% YoY.

Angel One Ltd's Q4FY24 Revenue Increases by 42 Percent - 01 May, 2024

Angel One Ltd, a diversified financial services company, has reported a consolidated revenue increase from Rs 3,002 crores in Q3FY23 to Rs 4,272 crores in Q4FY24. The company's year-on-year revenue growth is 42 percent.

Angel One Reports Strong Q4 Performance - 29 Apr, 2024

Angel One Ltd reported a healthy performance in the March 2024 quarter with 65% and 27% YoY growth in total income and PAT, respectively. The net profit surpassed Reuters-Refinitiv estimates by 6.7%. Total orders jumped by 79% YoY to 47.1 crore.

Angel One Ltd Receives Significant Revenue Upgrade from Analysts - 25 Apr, 2024

Analysts have upgraded their revenue forecast for Angel One Ltd, with a consensus of ₹45b in 2025, an 8.3% increase from the past year. Statutory earnings per share are expected to jump 30% to ₹163. The recent forecasts show optimism and improvement in both revenue estimates and earnings per share.

Angel One FY 2024 Earnings Beat Expectations - 24 Apr, 2024

Angel One Ltd reports a revenue of ₹41.4b, up by 41% YoY, and net income of ₹11.3b, up by 26% YoY. However, the profit margin decreased to 27% due to higher expenses. The EPS increased to ₹134 from ₹107 in FY 2023.

Angel One Ltd Shares Rise on Strong Financial Performance - 23 Apr, 2024

Brokerage firm Motilal Oswal has assigned a 'buy' rating to Angel One Ltd, with a target price of Rs 4200 per share. The company's net brokerage income increased by 65%, while total operating expenses rose by 114% annually and 26% quarterly. In Q4 FY23/24, the company's net profit grew by 27.3% YoY to Rs 340 crore, and revenue increased by 64.3% to Rs 1372 crore. Shares have risen 20% in the previous six months and given investors a return of 670% over three years.

Angel One Q4 FY24 Results Show Strong Growth - 20 Apr, 2024

Angel One Ltd's Q4 FY24 results reveal significant YoY growth in topline and profit, with an EPS of ₹40.03 for the quarter. The market cap stands at ₹25107.34 Cr, with a consensus recommendation to buy.

Angel One Sees Robust Growth Amid Fundraising - 19 Apr, 2024

Angel One reported a strong Q4 performance with a 27.3% YoY growth in net profit at Rs 340 crore. Motilal Oswal recommends a 'Buy' rating with a target price of INR 4200. ICICI Securities upgraded the stock to Buy with a target price of Rs 3469. The company projects a CAGR of 55-60% in client acquisition. Recent fundraising may enable growth in broking business while there is steady capacity buildup in AMC, wealth and lending businesses.

Angel One Reports Strong Q4FY24 Results - 18 Apr, 2024

Angel One Ltd reported strong Q4FY24 results, with net profit up 31% QoQ and total revenue from operations up 28% QoQ. The company also achieved its highest-ever client addition, with a 79% YoY increase in orders processed and an 18% retail turnover market share. Angel One's consolidated net profit rose 27.34% YoY to Rs 339.95 crore in Q4 FY24.