Divine Profits: How Angel One Blessed Investors With 430% Returns

Published by Trinkerr Academy on

If you had ₹1 lakh invested in Angel One in October 2020, you could have had ₹5.3 lakhs today! This multibagger gave its investors 430% returns in just 2 years. Here’s a quick look at the company.

💸 Stock Name: Angel One Ltd.

📝 About the Company
Angel One Ltd. is a diversified financial services firm that focuses on stock, commodity and currency trading, institutional broking, margin trading services, mutual fund distribution, providing depository services, financing as an NBFC and acting as corporate agents for insurance companies.

🔎 Specialisation
Offerings from the company’s financial division include the distribution of third-party financial products, investor education, loan against shares, investment advisory services, research services and margin trading. Third-party services and products include Vested, Smallcase, Sensibull, Streak, Quicko and Marketsmojo.

🌱 Evolution
In 2019, the company introduced its flat charge programme (iTrade Prime Plan). From this category, it has increased its net broking revenues from ₹13 crores to ₹185 crores.

With the goal of advancing from a single product, namely stockbroking, to a one-stop solution for wealth creation throughout one’s life through a variety of services, the firm has changed its name from ‘Angel Broking’ to ‘Angel One’.

⚡ Breakdown of Gross Brokerage Revenue
◾ Futures & Options – 51%
◾ Cash – 40%
◾ Commodity – 8%
◾ Currency – 1%

On October 26, 2020, the shares of the company were trading at ₹248.75, while they were priced at ₹1,318.55 as of August 25, 2022.


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