ANGEL ONE LTD
Long
Updated

FUNDAMENTAL SERIES SCRIPT - 3

Angel One Ltd.
Sector : Finance | Industry : Finance - Stock Broking

Why I am Buying this stock again?

Reasons :-
Cup & handle Chart pattern
Big Volume
High growth potential
Company posted highest ever Quarterly Results
Last 5 years Compounded Profit Growth - 70%
Company has a good return on equity (ROE) track record: 3 Years ROE 45.2%

There is a one time expense of 114 CR (IPL Advertisement). Due to this expense profit margin is decrease in Jun 2024 Quarter

IPL Spending has proven to be very beneficial for the company, which will help Angel One to gain clients & brand visibility.

Percent of population investing in stock markets
US - 55%
CHINA - 13%
INDIA - 5%

High growth potential for next 15 to 20 years

only For educational purposes
Trade active
buy level triggered as anticipated....

Disclaimer