Angel One Ltd has 69.98 lakh active clients on NSE

ANGELONE Angel One’s newsflow was led by its emergence as India’s second‑largest stockbroker by active NSE clients, a technical “Buy” recommendation, and strong Q2 FY27 results. The company now has 69.98 lakh active clients on NSE, overtaking Zerodha to become the second‑largest broker, behind Groww. Chandan Taparia of Motilal Oswal issued a “Buy” call on Angel One with a target of ₹375 and a stop‑loss of ₹305, citing a strong recovery from the ₹280–290 support zone, a bullish weekly candle, RSI around 59, and healthy volume activity. In Q2 FY27 (September 2026), Angel One reported consolidated revenue of ₹1,427 crore (up 18.7% YoY) and net profit of ₹334.97 crore (up 58.2% YoY), with EBITDA of ₹636.26 crore (44.6% margin). The company’s board approved the Q2 results on 15 October, with a dividend record date of 22 October and payment due by 14 November. The stock was trading around ₹332.85 on 9 November, after a prolonged correction from its ₹360 high, with the stock having formed a strong support base in the ₹280–290 zone before entering a consolidation phase.