BOM:543235

Avendus Spark Upgrades Angel One to Add from Reduce; Price Target is INR355

Angel One (BOM:543235, NSE:ANGELONE) has an average rating of overweight and mean price target of 371.46 Indian rupees, according to analysts polled by FactSet.(covers equity, commodity and economic research from major banks and research firms in North America, Asia and Europe. Research providers may contact us here: https://finwires.com/en/contact)

Angel One's Client Acquisition Drop 18% in June

Angel One (NSE:ANGELONE, BOM:543235) signed up 450,000 new clients in June, down 17.5% from 550,000 added a year ago.The brokerage services company's client base during the reporting month reached 38.6 million, up 18.8% from around 32.5 million a year ago, according to the Indian stock exchanges on Friday.Shares of the company rose nearly 2% in recent trade.

Angel One's Client Acquisition Slides 10% in May

Angel One (NSE:ANGELONE, BOM:543235) signed up 420,000 new clients in May, down 9.7% from 500,000 added a year ago, according to the Indian stock exchanges on Thursday.The brokerage services company's client base during the reporting month reached 38.2 million, up 1% from around 32 million a year ago, the filing said.

CEO of Angel One's Asset Management Business Resigns

Angel One (NSE:ANGELONE, BOM:543235) said Hemen Bhatia has resigned as chief executive officer of its asset management business, according to an Indian bourse filing on Tuesday.Shares of the company fell nearly 1% in Wednesday's trade.The resignation will be effective June 18, the filing said.

Angel One's Client Acquisition Slides 6% in April

Angel One (NSE:ANGELONE, BOM:543235) signed up 460,000 new clients in April, down 6.2% from 490,000 added a year ago, according to the Indian stock exchanges on Wednesday.The brokerage services company's client base during the reporting month reached 37.8 million, up 20% from 31.48 million a year ago, the filing said.The company's shares were up nearly 1% in recent trade.

JM Financial Downgrades Angel One to Add from Buy; Price Target is INR350

Angel One's Consolidated Profit Sees Sharp Growth in Fiscal Q4

Angel One's (NSE:ANGELONE, BOM:543235) consolidated profit rose sharply to 3.20 billion Indian rupees in the fiscal fourth quarter ended March 31, from 1.75 billion rupees a year ago.Earnings per share climbed to 3.44 rupees from 1.89 rupees a year earlier, the brokerage company said in a filing to the Indian stock exchanges on Thursday.Revenue from operations in fiscal Q4 also increased to 14.6 billion rupees from 10.6 billion rupees a year ago.