Angel One Becomes India's Second-Largest Stockbroker With 70 Lakh Active Clients; Q2 Profit Swells 58%
Angel One is in focus in a quarterly results development.
· NDTV Profit
Angel One's total client base crossed the 4-crore mark in October, reaching 4.06 crore, up 17.4% year-on-year (YoY). Gross client additions stood at 6.6 lakh during the month, the highest in nine months.
The analysis
Angel One reported movement of 58% and 17.4%. Those are the figures as filed — what moves the price is how they sit against what the market already expected, not their absolute size.
Against that, the stock is +1.4% on the day at ₹330.70, and has returned +9.0% over three months. It sits 7% below its 52-week high. The capital markets sector has moved +1.4% over the same period, so Angel One is running 7.6 points ahead of its peers.
For Angel One, the question is how much of this is already reflected in the price and how much re-rates the capital markets peer set alongside it.
Why it matters
- Earnings versus expectations is what actually re-rates a stock; the surprise matters more than the absolute number.
Market context
- In focus: Angel One (ANGELONE), in Capital Markets.
- Over three months: Angel One +9.0% against Capital Markets +1.4% (7.6 points ahead).
| Company | Price | Day | 1M | 3M | From 52-wk high | Volume vs 20-day | Market cap |
|---|---|---|---|---|---|---|---|
| Angel OneANGELONE · Capital Markets | ₹330.70 | +1.4% | +14.4% | +9.0% | -6.8% | 1.1× | — |
Capital Markets
1M +4.8% · 3M +1.4%
Angel One
Prices as of 6 Nov 2026, 15:25 IST. Sector moves are the average of the stocks we track in each sector.
In this story
Related coverage
M&M Q2 Results Impress; Motilal Oswal Raises Estimates On Improving Auto Margins
Nifty trading at 18% discount to 10-year average: Is it time to invest in large-cap mutual funds?
Marico Q2 net profit rises 29% to ₹558 cr on strong volume growth
Noel Tata to retire as Titan Company vice-chairman on November 12
Prestige Estates Q2 profit declines 44% as revenue falls 15% to ₹2,060 cr