ANGEL ONE LTD
Long

Stock Analysis: Angel One Limited

About Company - Angel One Ltd is a diversified financial services company and is primarily engaged in the business of stock, commodity and currency broking, institutional broking, providing margin trading facility, depository services and distribution of mutual funds, lending as a NBFC and corporate agents of insurance companies.

Fundamentals:
Market Cap: ₹ 28,411.92 Cr.
Stock P/E: 21.15 Ind.P/E: 5.4
Book Value: ₹ 582.53 Dividend Yield: 1.1 %
ROCE: 38.74% ROE: 45.56 %
Sales Growth 3 Years: 42.31% Profit Growth 3 Years: 28.50 %
Cons:
The company is trading at 5.40 times the book value.
Provision and contingencies have increased by 123.40%.
Promoter holding has decreased from 38.21% to 35.63%.

Technicals:
Angel One has been in a down (-2.26%) 17 Dec 2024
Resistance levels: 3900,3400
Support levels: 3028,2729

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