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Angel One share price tumbles 5% as client growth falls 42%

Fresh concerns over June data rattle investors, but long-term story intact

Angel One share price falls over 5% as client growth falls by 42%Adobe Stock

Angel One shares took a hit today, falling over 5 per cent to around Rs 2,790, as the market digested weaker-than-expected June business updates. After a stellar run, this sharp pullback has left investors wondering: Is this just a speed bump or something bigger?

What’s behind today’s fall

  • The numbers that spooked the Street: Gross client additions in June fell 41.5 per cent year-on-year to 5.5 lakh, raising concerns about slowing growth momentum.
  • Fewer orders, less action: Average daily orders dipped by nearly 23 per cent year-on-year (YoY), while monthly order volumes were down around 32 per cent.
  • Broader market mood: A weak trading environment and recent sector-wide regulatory overhang added to the pressure.

About Angel One

Angel One (formerly Angel Broking) is a tech-led retail brokerage that offers trading across equities, commodities, currencies, and derivatives on NSE and BSE. It’s built a large digital client base, powered by its app ecosystem and Smart API offerings. The company listed on the bourses in 2020 and has seen rapid expansion since.

Below is a table summarising the company’s fundamentals.

Metric Value
Market cap Rs 26,715 crore
P/E ratio 22.8
P/B ratio 4.9
Book value Rs 606
EPS  Rs 129.8
ROE 27.8 per cent
ROCE 25.9 per cent
Dividend yield 1.6 per cent

Value Research Online ratings

  • Overall: 4/5
  • Quality: 9/10
  • Growth: 5/10
  • Valuation: 5/10
  • Momentum: 6/10

What should investors do?

This dip puts Angel One back in focus. Its sharp fall reflects near-term worries. But for those betting on India’s retail investing boom and fintech plays, this could be a chance to accumulate, provided the company regains its growth mojo.

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Disclaimer: This is not a stock recommendation. This story was created with the assistance of artificial intelligence and has been reviewed by human experts for accuracy and is intended for informational purposes only. Please take it with a pinch of salt and do your own research or consult a financial advisor before making investment decisions.

Disclaimer: This content is for information only and should not be considered investment advice or a recommendation.

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