Angel One: Oct 2026 Client Base at 40.6 Mn, Acquisition Up 44.7%

Angel One Ltd reported its monthly business update for October 2026, highlighting significant growth in client acquisition and trading activity. The client base expanded to 40.60 million, a 17.4% year-on-year increase, with gross client acquisition surging by 44.7% month-on-month to 0.66 million, the highest in nine months. Trading volumes also saw a substantial uptick, with the number of orders and average daily orders reaching a seven-month high. The company achieved an all-time high F&O market share of 23.2% and a record commodity ADTO, indicating strong business scale-up and improved trading engagement. Despite a moderation in cash and commodity market shares, the overall retail equity market share saw sequential gains.