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

$ANGELONE 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.