Angel One Limited rose in early trade on Wednesday, shrugging off concerns around its weak operational performance in the June quarter. As of 9:27 AM, the stock was up 1.44% at ₹2,756.00, following a sharp decline in its year-on-year margins.
The company reported an operating margin of 24.1%, down from 32.5% in the corresponding quarter last year, indicating pressure on profitability amid rising costs or slower revenue growth.
The stock opened at ₹2,745.00, hit a high of ₹2,760.90, and dipped to a low of ₹2,709.20 during the session. Trading volume stood at 7.64 lakh shares, with an open interest of 1.16 crore contracts, showing active interest in the derivatives segment.
Despite the margin decline, the stock’s positive movement suggests market participants may be factoring in broader growth or sectoral resilience.
Disclaimer: This news article is based on company disclosures and market data. It does not constitute investment advice. Please consult a certified financial advisor before taking any investment decisions.
