Angel One shares slump 12.5% to hit a 2-week low after Q3FY24 earnings

Angel One shares slump 12.5% to hit a 2-week low after Q3FY24 earnings

Angel One witnessed a significant decline in its stock value early on Tuesday following the company’s release of Q3 FY24 numbers on Monday post-market hours. The company reported a net profit of ₹260 crore in Q3FY24, reflecting a 14.50% quarter-on-quarter (QoQ) decrease but showing a positive 14% year-on-year (YoY) improvement. Its total revenue from operations …

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Angel One shares plunge 13% post Q3 results; what Motilal Oswal says

Angel One shares plunge 13% post Q3 results; what Motilal Oswal says

Angel One Ltd shares took a beating, plunging as much as 13 per cent in Tuesday’s trade after the broking firm said its profit fell 14 per cent sequentially on higher growth in cash segment orders, modification in cash intraday tariff structure and higher opex on account of client acquisition. Profit for the quarter came …

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