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'Buy' Angel One Shares Maintains HDFC Securities Post Q2 Results; Revises Target Price
After three consecutive quarters of sequential decline in net revenue following the implementation of SEBI regulations on weekly F&O expiries, Angel One registered a 6% QoQ rebound in revenue.
17 Oct 2025, 11:24 AM IST 
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Angel One’s Margin Trading Facility book rebounded (+26% QoQ).
(Image source: Envato)
Angel One printed lower-than-expected net revenue during Q2 FY26 as the rebound in order growth remained muted and the company’s countermeasures were insufficient to offset the revenue drag from adverse market conditions and unfavourable regulatory developments
