Shares of Angel One Limited surged 8% on Friday, with the stock currently trading at Rs 2,725.25 apiece, after the company announced its consolidated financial results for the quarter ended Dec. 31, 2025, on Thursday.
The stock closed at Rs 2,525.40 apiece on Wednesday. Angel One reported a 4.5% year-on-year decline in consolidated profit after tax (PAT) to Rs 269 crore in the December quarter as rising operating expenses weighed on margins. The company had posted a PAT of Rs 281.5 crore in the corresponding year-ago quarter.
However, the broking firm registered a 5.8% increase in total income to Rs 1,338 crore from Rs 1,264 crore in Q3 FY25, driven by an improvement in interest income and fees and commission income, according to a regulatory filing.
Total expenses increased to Rs 964.2 crore from Rs 876.5 crore, driven primarily by higher employee benefit costs, employee stock ownership plan (ESOP) expenses, and other operating expenses.
The company's board has approved a stock split in the ratio of 1:10, whereby each equity share with a face value of Rs 10 will be subdivided into 10 equity shares of Rs 1 each.
Brokerage firm Investec has maintained its Buy rating on Angel One with a target price of Rs 2,850. The company delivered a strong quarter, which is expected to drive further upgrades. This performance was bolstered by better broking realisation and robust distribution income, both of which contributed to a significant beat in PAT.
In addition to maintaining its market share within the broking business, Angel One's digital business model continues to drive operating leverage. The firm is also seeing strong traction in its new initiatives. Given these factors, Investec views the company's current valuations as highly attractive.
Angel One Share Price Today
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The scrip rose as much as 8.17% to Rs 2725 apiece during the day. This compares to a 0.63% growth in the NSE Nifty 50 Index.
Total traded volume so far in the day stood at 0.82 times its 30-day average. The relative strength index was at 42.97.
Out of 12 analysts tracking the company, nine maintain a 'buy' rating, two maintain a "hold," and one maintains a "sell" rating, according to Bloomberg data. The average 12-month consensus price target of Rs 2841.25 implies an upside of 11.3%.
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