Shares of Angel One have surged 144 % year-to-date.
Shares of Angel One shot up over 10 % to a 52-week excessive of Rs 3,245.05 within the early commerce on December 6 after the inventory dealer recorded a 51.3 % on-year surge in its shopper base throughout November.
The corporate’s shopper base rose to 1.85 crore in November, reflecting a close to 4 % rise as in comparison with the earlier month.
Variety of orders additionally rose 51.4 % on 12 months to 10.72 crore in November. As in comparison with the earlier month, the variety of orders grew 1.2 %.
At 10.29 am, Angel One was buying and selling at Rs 3,241 on the Nationwide Inventory Change, up 10.2 % from the earlier shut.
Volumes within the counter additionally shot up as 12 lakh shares had already modified fingers on exchanges, larger than the one-month each day traded common of 11 lakh.
Comply with our reside weblog for all of the market motion
The common each day turnover additionally surged 165 % on 12 months and 9 % on month to Rs 34.36 lakh crore in November. The expansion within the F&O section’s common each day turnover was 9.2 % on month and a little bit over 169 % on 12 months at Rs 33.94 lakh crore.
As for the money section, the typical each day turnover stood at Rs 5,000 crore, up 12.3 % on month and over 33 % on 12 months.
Story continues beneath Commercial
Alternatively, the typical shopper funding guide was at Rs 1,855 crore, up 43.5 % on 12 months however down 1.6 % from the earlier month.
Disclaimer: The views and funding suggestions expressed by consultants on Moneycontrol are their very own and never these of the web site or its administration. Moneycontrol advises customers to examine with licensed consultants earlier than taking any funding choices.
