NSE:ANGELONE

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.