In its filing to the exchanges on Wednesday, the company said that the sub-division of its shares will be subject to regulatory and shareholder approval, and the board will determine the stock split ratio at the meeting.
While the interim dividend will be paid only if approved by the board, the brokerage firm announced January 21, 2026 as the record date for determining eligible shareholders.
Shares of Angel One ended with gains of 2.7% on the NSE at Rs 2,472.
A company’s decision to split its stock by reducing the face value and market price per share is with a view to make the stock more affordable for retail investors and widen participation.
Angel One’s shares have been market laggards, declining 10% in the past 12 months. The stock is currently trading below its 50-day and 200-day simple moving averages (SMAs) of Rs 2,588 and Rs 2,566, respectively, according to Trendlyne data.
The momentum indicator MFI shows the stock hovering near 32 and moving toward an oversold region. A number below 30 is considered oversold.The brokerage reported an 85% jump in its consolidated net profit at Rs 212 crore in the quarter ended September, compared to the profit after tax (PAT) of Rs 114 crore in the June quarter. The revenue rose 5.4% to Rs 1,202 crore, against Rs 1,141 crore in Q1 FY26.
The brokerage posted its third consecutive quarterly profit decline on a year-on-year basis.
The company’s consolidated profit for the July–September quarter fell 50% year-on-year, mainly due to regulatory curbs that continue to impact equity derivatives trading and retail investor activity.
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