Shares of brokerage firm Angel One today rallied 4.5% to their high of Rs 2,988 on the BSE after reporting an 11.3% year-on-year (YoY) increase in its Average Daily Turnover (ADTO) to Rs 40.05 lakh crore in the third quarter of FY 25.Considering Angel One’s ADTO based on option premium turnover, overall ADTO jumped by 51.5% YoY, but decreased by 2.5% QoQ, while F&O ADTO increased by 32.8% YoY but decreased by 5.8% QoQ. According to the update, the company achieved a 51.7% YoY growth in its client base, reaching 29.52 million compared to 19.45 million in Q3 FY24.The number of orders processed by the company witnessed an increase of 20.4% YoY to 42.16 crore, but when compared to the previous quarter (Q2 FY25), it decreased by 13.8%. The average daily orders followed a similar trend, showing 18.4% YoY growth but a 9.6% QoQ decline. Also read: Bajaj Finance shares rise over 2% after Q3 update: New loans jump 22% YoY, AUM surges 28%In terms of market share, Angel One gained 147 basis points (bps) YoY in cash turnover market share, while losing 149 bps in commodity turnover market share. On a quarter-on-quarter basis, the cash market share decreased by 95 bps and the commodity market share decreased by 193 bps.Angel One share price historyShares of Angel One have fallen by approximately 22% in the last one year, however, have increased by 23.7% in the last 6 months and by 9.9% in the last 3 months, according to the BSE analytics.(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
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