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Angel One Ltd is a diversified financial services company and is primarily engaged in the business of stock, commodity and currency broking, institutional broking, providing margin trading facility, depository services and distribution of mutual funds, lending as a NBFC and corporate agents of insurance companies.
CRISIL has reaffirmed Angel One Limited's long-term rating at AA- with a stable outlook, while maintaining a short-term rating of A1+. The outlook revision to stable reflects lower-than-expected revenue and profit growth, largely due to diminished client trading activity influenced by recent market conditions. The company's average daily turnover has...
**Angel One Limited Quarterly Financial Summary** Angel One's consolidated financial performance showcases robust growth, with total income reaching ₹4,190 crore, marking a year-over-year increase of approximately 43%. This growth was underpinned by a 34% rise in broking income to ₹2,678 crore, mainly due to a significant increase in active clients,...