Angel One Reports 58% Rise in Second-Quarter Profit
The Indian brokerage said quarterly profit rose 58%, helped by higher trading volumes as its user base grew.
Indian brokerage Angel One NSE:ANGELONE reported a 58% increase in second-quarter profit on Thursday, supported by higher trading volumes as its user base continued to grow steadily. India’s stock market has attracted a wave of retail investors, with millions of first-time traders using low-cost brokerage apps and digital payments.