ThinkStock PhotosIIFL has buy call on Angel One with a target price of Rs 1560. The current market price of Angel One Ltd. is Rs 1488.05.
Angel One Ltd., incorporated in the year 1996, is a Small Cap company (having a market cap of Rs 12349.93 Crore) operating in Financial Services sector.
Angel One Ltd. key Products/Revenue Segments include Fees & Commission Income, Interest and Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 686.53 Crore, up .18 % from last quarter Total Income of Rs 685.32 Crore and up 44.69 % from last year same quarter Total Income of Rs 474.48 Crore. Company reported net profit after tax of Rs 181.50 Crore in latest quarter.
Investment Rationale
The stock has given an inverse head and shoulder pattern breakout.
Promoter/FII Holdings
Promoters held 43.83 per cent stake in the company as of 30-Jun-2022, while FIIs owned 10.54 per cent, DIIs 8.91 per cent.
Angel One Ltd., incorporated in the year 1996, is a Small Cap company (having a market cap of Rs 12349.93 Crore) operating in Financial Services sector.
Angel One Ltd. key Products/Revenue Segments include Fees & Commission Income, Interest and Other Operating Revenue for the year ending 31-Mar-2022.
Financials
For the quarter ended 30-06-2022, the company reported a Consolidated Total Income of Rs 686.53 Crore, up .18 % from last quarter Total Income of Rs 685.32 Crore and up 44.69 % from last year same quarter Total Income of Rs 474.48 Crore. Company reported net profit after tax of Rs 181.50 Crore in latest quarter.
Investment Rationale
The stock has given an inverse head and shoulder pattern breakout.
Promoter/FII Holdings
Promoters held 43.83 per cent stake in the company as of 30-Jun-2022, while FIIs owned 10.54 per cent, DIIs 8.91 per cent.
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