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Angel One shares January update, says client base jumps 59%

Angel One shares January update, says client base jumps 59%

Angel One said its gross client acquisition for the month surged 162.7 per cent YoY to 10.3 lakh against 3.9 lakh in the same month last year.

Amit Mudgill
Amit Mudgill
  • Updated Feb 7, 2024 9:25 AM IST
Angel One shares January update, says client base jumps 59% Angel One shares January update, says client base jumps 59%

Adani One Ltd on Wednesday morning said its client base jumped 58.5 per cent year-on-year (YoY) in January to 2.04 crore from 1.28 crore in the year-ago month. The client base was up 5 per cent over December 2023's Rs 1.94 crore. Angel One said its gross client acquisition for the month surged 162.7 per cent YoY to 10.3 lakh against 3.9 lakh in the same month last year. This was, however, 2 per cent lower than December's 10.5 lakh. The unique registered MF SIPs soared multi-folds to 4,85,490 from 28,000.

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ABOUT THE AUTHOR

Amit Mudgill
Amit Mudgill

A financial journalist with over 18 years of experience in print and digital media, I cover India's capital markets, focusing on stocks, IPOs, mutual funds, corporate earnings, and market trends. Currently with Business Today, I report on equities, corporate developments, fundraising activity, and the broader investment landscape, delivering timely, data-backed insights to investors and readers.

Previously, I worked with The Economic Times and Deccan Chronicle, covering business, markets, and corporate affairs. My experience spans breaking news, analysis, and long-form features, with a strong focus on financial markets and investment-related reporting.

I am on the go 24/7:  Saying 'Good Night' to Dow Jones and 'Good Morning' to Gift Nifty comes naturally. Ask me about data and you'll hear stories. Away from markets, I enjoy stargazing, astrophotography, reading about India's neighbourhood, and playing video games.

Published on: Feb 7, 2024 9:12 AM IST