Angel One shares surge 5% after Q4 business update. Here’s everything you need to know – News Air Insight

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Shares of Angel One soared as much as 5% to their day’s high of Rs 258 on the BSE on Wednesday after the company reported its fourth-quarter business update. The client base rose 4.7% quarter-on-quarter and 20.5% year-on-year to 37.39 million.

Gross client acquisition stood at 1.82 million, up 4.4% sequentially and 12.7% annually. The average client funding book remained largely flat on a quarterly basis, slipping 0.1% to Rs 5,849 crore, but surged 45% compared to last year.

Trading activity showed strong momentum. The number of orders increased 13.3% quarter-on-quarter and 31.6% year-on-year to 430.66 million. Average daily orders also rose 15.2% sequentially and 36% annually.

On the turnover front, average daily turnover based on notional value edged higher. Overall ADTO rose 2.4% quarter-on-quarter and 76.4% year-on-year to Rs 56.69 lakh crore, while the F&O segment grew 2.6% sequentially and 75% annually.

During the month, the client base rose 1.3% month-on-month and 20.5% year-on-year to 37.39 million. However, gross client acquisition came in at 0.51 million, down 10.7% sequentially, though still higher by 7.5% compared to last year. The average client funding book declined 7.2% month-on-month to Rs 5,505 crore, but registered a sharp 43% increase on a yearly basis.


Trading activity remained firm on an annual basis despite some sequential moderation. The number of orders stood at 139.98 million, down 2.8% month-on-month, but up 37.1% year-on-year. Average daily orders rose 7.4% over the previous month and jumped 37.1% year-on-year to 7.37 million.

Market share trends were mixed. In the options premium segment, overall equity market share declined by 108 basis points month-on-month to 19.7%, though it improved by 26 basis points year-on-year. The F&O segment also saw a 101 basis points sequential decline to 21.6%, but was up 68 basis points year-on-year. The cash segment market share fell 178 basis points month-on-month and 122 basis points year-on-year to 16.0%, while commodity market share edged up 15 basis points sequentially and 32 basis points annually to 57.2%.Sensex, Nifty today: Catch all the LIVE stock market action here

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