Angel One June Update: Client Base Hits 38.59 Million; Stock Advances for Third Day

continued its positive momentum, with the stock extending gains for the third consecutive session as investors cheered healthy June operating metrics. Gross client acquisition rose 8.3% MoM to 0.45 million from 0.42 million, while the total client base increased 1.1% to 38.59 million from 38.17 million. The number of orders climbed 7.4% to 140.04 million compared with 130.35 million in May. However, average daily orders slipped 2.8% to 6.67 million from 6.86 million, reflecting fewer trading days during the month. Overall, the latest business update highlights continued client growth and strong trading activity, supporting positive investor sentiment. Disclaimer: Investments in securities are subject to market risk. This is for educational purposes only. Investors must verify information before investing and consider their financial position & risk profile.