Monthly Update6 Aug 2024, 01:18 pm
Angel One Ltd Reports 15.8% Increase in No. of Trading Days and 4.3% Growth in Client Base for July 2024
AI Summary
Angel One Ltd, in its monthly business updates for July 2024, reported a 15.8% increase in the number of trading days and a 4.3% growth in client base compared to the same month last year. The company also saw a 21.4% increase in gross client acquisition and a 22.8% growth in average client funding book. The number of orders and unique MF SIPs registered also showed significant growth. The company's ADTO based on notional turnover and option premium turnover also saw a considerable increase.
Key Highlights
- 15.8% increase in the number of trading days
- 4.3% growth in client base
- 21.4% increase in gross client acquisition
- 22.8% growth in average client funding book
- 50.0% increase in average daily orders