Investec Maintains Buy Rating on Angel One with ₹340 Target Price
Investec has maintained its Buy rating on Angel One Limited with a ₹340 target price, citing strong fundamentals including a PAT beat driven by better broking realizations and NII growth. The brokerage highlighted the company's digital-led operating leverage and progress in wealth management initiatives, while noting reasonable valuations and identifying cash market share as a key monitoring metric.
16Apr 26
Angel One Plans ₹1.5 Billion Co-Investments Each With Angel FinCap And Angel One Wealth
Angel One has announced co-investment plans of ₹1.5 billion each with subsidiaries Angel FinCap and Angel One Wealth, totaling ₹3.0 billion in strategic investments. This capital allocation strategy aims to strengthen synergies across the group's financial services ecosystem, enhancing capabilities in lending, wealth management, and broking services.
16Apr 26
Angel One Raises Borrowing Limit to ₹200 Billion
Angel One has increased its borrowing limit to ₹200 billion, significantly enhancing the company's financial capacity and operational flexibility. This development provides the brokerage firm with greater financial resources to support its business operations and strategic requirements.
15Apr 26
Angel One Retail Activity Drops in April as NSE Data Shows Continued Decline
Angel One has experienced a significant decline in its retail investor base, losing 40 lakh investors in what marks the first such drop in three years. NSE data confirms that the company's retail activity continued to decline in April, suggesting a sustained trend of reduced market participation among retail investors in the Indian equity markets.