Angel One - Signs of Fatigue Setting In, Downgrade to ADD
ANGELONE printed a 2.5% QoQ decline in its top line, driven by moderation in the number of orders (-5% QoQ) and lower ancillary transaction...
466 Views
ANGEL One - OPEX Savings Drive 11% Earnings Beat
ANGELONE's PAT surged 18% QoQ and 59% YoY to INR2.1b (11% beat) in 2QFY23.The profitability was driven by a 3% beat in operating revenue, which...
235 Views
Angel One (2QFY23 Results Review): All-time high volumes drive strong earnings
ANGELONE printed a strong 8.5% sequential growth in its top line, driven by all-time high retail derivatives ADTVs coupled with healthy ancillary...
238 Views
Angel One - Elevated Opex Dents Margins
ANGELONE printed a sequentially flat top-line on a strong base (Q4: 15), led by a healthy NII (+11% QoQ), offset by lower ancillary transactional...
305 Views
Angel One - Order Per Day Remains Flattish | Customer Acquisition Run Rate Slows Down Marginally
Angel’s gross client acquisition run rate saw a marginal decline to 0.44m in Apr’22 from 0.48m in Mar’22. However, the addition is better than our...
268 Views