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Hot Pursuit News

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(05 Jul 2024, 13:09)

Angel One client base climbs 64% YoY in Jun'24

Angel One announced that its client base jumped 64.2% to 24.72 million in June 2024 as against 15.06 million recorded in June 2023.


On month on month (MoM) basis, the brokerage firm's client base grew by 3.7% in June 2024 from 23.83 million posted in May 2024.

Gross client acquisition stood at 0.94 million in June 2024, registering a growth of 96.9% over June 2023 and up by 6.3% over May 2024.

Angel's overall average daily turnover (ADTO) was at Rs 45,74,200 crore in June 2024, up 4.43% MoM and up 90.2% YoY. The company's ADTO from the F&O segment stood at Rs 45,11,200 crore in June 2024 (up 4.4% MoM and up 90.9% YoY).

ADTO from the cash segment was at Rs 10,600 crore (up 27.8% MoM while up 186.4% YoY) and ADTO from the commodity segment stood at Rs 52,400 crore (up 3.6% MoM and up 87.3% YoY) in June 2024.

Gross client acquisition stood at 2.58 million in Q1 FY25, down 10.5% over Q4 FY24 and up 94.8...

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