Angel One share price surges over 10.5% on robust performance in Q2
Shares of Angel One, a leading retail full-service broking firm in India, saw a significant surge of 10.53% during early morning trade on Tuesday, October 15, to ₹3,010 apiece. The stock surpassed the ₹3,000 per share mark for the first time since mid-April. This remarkable increase followed the company’s best-ever quarterly performance for the three months ended September 2024 (Q2 FY25).
The company reported a net profit of ₹423 crore in Q2FY25, reflecting a notable 44.36% quarter-on-quarter (QoQ) increase and a 39.14% YoY improvement due to better-than-expected operational efficiency. Its total revenue from operations for Q2 FY25 witnessed a growth of 7.8% QoQ and a 44.56% YoY surge, reaching ₹1,515 crore.Sha
Its earnings…
