Angel One shares climbed as much as 1.8% on Thursday after the companys wealth management organization revealed strong development in its first quarter ended June earnings.Assets under management (AUM) in the wealth segment increased 33.6% sequentially to Rs 50.7 billion, and the customer base crossed 1,000.
In the broking sector, the customer funding book struck an all-time high of Rs 48 billion.
The company likewise taped a 123.6% consecutive increase in credit disbursals and included two brand-new AMC plans throughout the quarter.The business published a 61% year-on-year drop in net revenue to Rs 114.4 crore for the June 2025 quarter, down from Rs 292.7 crore a year previously.
Profits decreased 19% YoY to Rs 1,140 crore from Rs 1,405 crore in Q1FY25.Operating efficiency likewise damaged, with EBITDA falling 41.7% to Rs 274.1 crore from Rs 469.9 crore, and EBITDA margin diminishing to 24.04% from 33.44%.
Angel One is witnessing resistance near its falling trendline, while the 20 EMA is on the brink of a bearish crossover with the 50 EMA, signaling a mindful outlook.
Declining volume shows a lack of purchasing interest at higher levels, said Drumil Vithlani, Technical Research Analyst at Bonanza.Live Events Structurally, the stock remains weak as long as it trades listed below 2885, which marked a breakdown zone at the start of the July series.
On the disadvantage, immediate support lies at 2660, and a breach below this level could open the door for additional drawback towards Rs 2600 in the near term, stated Vithlani.Chairman and MD Dinesh Thakkar said, India is at the cusp of a monetary revolution.
Powered by data and platform intelligence, our focus stays on providing low-cost, high-engagement services at scale.Also Read: 9 underestimated mid-cap stocks with upside potential of as much as 23%Angel One share cost targetAccording to Trendlyne, the average target cost for Angel One is Rs 2,778, indicating a potential benefit of nearly 2% from present levels.
Of the eight analysts covering the stock, the agreement score is Buy.On the technical front, Angel Ones Relative Strength Index (RSI) stands at 41.9.
(RSI below 30 indicates an oversold condition, while above 70 suggests overbought levels.) The MACD is at -34.4 and remains listed below both its signal line and centre line, showing strong bearish momentum.Angel One shares performanceYear-to-date, Angel One shares are down 10%, though the stock has actually gained 15% in the previous 3 months.
The businesss existing market capitalisation stands at Rs 24,585 crore.(Disclaimer: Recommendations, ideas, views and opinions offered by the experts are their own.
These do not represent the views of the Economic Times)