Angel One’s gross client addition for January stood at 6.6 lakh, a decrease of 15.4% compared to December 2024’s addition of 7.8 lakh clients. This marked a slowdown in growth following the sharp rise in new client acquisitions seen during the festive month.
Opening higher at ₹2,349.75 apiece on the BSE, shares of Angel One rose 6.2% to touch an intraday high of ₹2497.20 on WednesdayDespite the monthly dip, Angel One’s client base continued its steady expansion, growing by 2.1% month-on-month to 3.01 crore, compared to 2.95 crore in December.
While client acquisition slowed, the company reported an increase in trading volumes. The average daily turnover rose by 6.3% to ₹30.82 lakh crore in January, up from ₹29.01 lakh crore in December.
This improvement comes after a drop in turnover during the previous month and suggests a recovery in market activity, which could have been driven by higher market participation.In terms of average daily orders, Angel One saw a slight decline of 3.7%, with 54.8 lakh orders executed per day compared to 56.9 lakh in December. However, this decline was smaller than the sharp 21.8% drop recorded last month.
A positive highlight for Angel One came in the form of improved market share across multiple segments.
The company’s equity market share increased by 31 basis points (bps) to 19.7% in January, reversing the decline seen over the past two months. The derivatives (F&O) segment also saw growth, with market share climbing by 15 bps to 21.8%, following a dip in December.
In the commodity segment, Angel One’s market share surged by 133 bps to 61.2%.
Shares of Angel One were trading 4.93% higher at ₹2,465.55 on the BSE around 10.06 am.
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