Angel One management has provided important clarity regarding its pricing strategy during a recent conference call, stating that the company has no plans to increase per-order pricing in the foreseeable future.

Management's Pricing Strategy Statement

During the conference call, the management team explicitly addressed concerns about potential pricing changes, confirming their commitment to maintaining the current fee structure. This statement indicates the company's focus on retaining its competitive positioning in the brokerage industry without passing additional costs to clients through higher per-order charges.

Implications for Clients and Market Position

The management's decision to maintain existing pricing levels suggests a strategic approach to customer retention and market competitiveness. By keeping per-order costs stable, Angel One appears to be prioritizing volume growth and client satisfaction over immediate revenue increases through fee hikes.

This pricing stability announcement comes at a time when the brokerage industry continues to evolve, with firms balancing profitability concerns against competitive pressures. The company's stance on maintaining current pricing structures provides certainty for existing clients and potential new customers evaluating brokerage options.

Capital market stocks witnessed significant gains on January 16, 2026, with Angel One leading the rally among peers after companies reported strong quarterly earnings. The brokerage firm emerged as one of the top gainers on the Nifty 500 index, surging as much as 8%, while other asset management companies including 360 ONE WAM, HDFC AMC, and Nippon Life India AMC gained between 3% to 7%.

The positive market response came after most of these companies released their December quarter results after market hours on Wednesday and following Thursday's holiday. Investors responded enthusiastically to the robust financial performance across the capital markets sector.

Angel One Delivers Strong Quarter

Angel One reported impressive financial metrics for the December quarter, demonstrating strong operational performance across key business segments.

The company maintained its market share in both equity and futures & options segments while expanding its client base. In a significant move for shareholders, Angel One's board approved an interim dividend of ₹23.00 per share and announced a stock split where each share of ₹10.00 will be divided into 10 shares of ₹1.00 each.

Asset Management Companies Show Robust Growth

360 ONE WAM Performance

360 ONE WAM demonstrated strong asset growth and improved operational metrics during the quarter.

The company's Annual Recurring Revenue showed better yields in the December quarter, rising by 6 basis points from the September quarter. However, EBITDA margins experienced some pressure due to a decline in other income.

ICICI Prudential AMC Debuts Strong

ICICI Prudential AMC reported its first quarterly results after listing, showcasing performance that outpaced industry growth.

The company's EBITDA margin expanded by 150 basis points, while its quarterly average AUM growth of 6.1% exceeded the industry growth rate of 5%. Additionally, Sankaran Naren received a two-year extension as Executive Director until June 30, 2028, subject to shareholder approval.

HDFC AMC Maintains Steady Performance

HDFC AMC, which had already gained 3% on Wednesday following its results announcement during market hours, continued its positive momentum.

The company's quarterly average AUM growth aligned with industry trends, while yields remained steady at 46.5 basis points, exceeding street expectations of a decline to 46.2 basis points.

Market Response and Trading Levels

The strong quarterly performance translated into significant stock price appreciation across the sector. Angel One shares were trading 7.5% higher at ₹2,714.00, while 360 ONE WAM gained 6% to ₹1,217.50. HDFC AMC shares advanced 5% to ₹2,683.20, reflecting investor confidence in the capital markets sector's growth trajectory and operational efficiency improvements.