Angel One’s stock jumped 3% following the release of its Q3 FY25 business update, showing impressive year-on-year (YoY) growth, despite declines in several key quarter-on-quarter (QoQ) metrics.
Key highlights include a 51.7% YoY increase in client base, reaching 29.52 million by December 31, 2024, and a 136.6% YoY surge in unique mutual fund SIP registrations. However, gross client acquisition and the number of orders faced QoQ declines, dropping 30.3% and 13.8%, respectively.
Notable performance in equity futures & options and commodity segments helped boost overall turnover, with commodity ADTO up 87.5% YoY. Despite some QoQ setbacks, Angel One’s market share in both cash and commodity turnover saw positive YoY growth.
Angel One shares opened at ₹2,885, reaching a high of ₹2,990 and maintaining the low at ₹2,885. Over the past 52 weeks, the stock has hit a high of ₹3,896 and a low of ₹2,025.
As of 9:22 AM, Angel One shares were trading 3.44% higher at Rs 2,954.55.
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