Stock Report

Angel One Hits 20 Million Clients



Posted On : 2024-01-25 19:08:27( TIMEZONE : IST )

Angel One Hits 20 Million Clients

Angel One, India's leading Fintech player, proudly announces a major milestone as its client base surpasses the noteworthy 20 million mark, signifying a robust stride in its business trajectory. The company's remarkable journey reflects not only its robust business model, but also the unwavering trust and confidence it has garnered from a continuously expanding client base. The new-age fintech brand, consistently draws a growing number of younger clients, as it extends its reach beyond metros to Tier 2, 3 and beyond cities.

Angel One, a technology-enabled platform, focuses on making financial journey simpler and more accessible, reinforcing its dedication to providing an effortless and user-friendly experience for its clients. Angel One is dedicated to delivering a comprehensive solution for all investment needs. The Company aspires to be the preferred fintech brand, empowering a billion lives through strategic use of data and technology.

Mr. Prabhakar Tiwari, Chief Growth Officer, Angel One Limited, said, "The 20 million clients' milestone is a strong endorsement of our journey in providing tech-based financial solutions. Our success is rooted in the symbiosis of innovation and strategic marketing, allowing us to provide access to financial products for a larger population and penetrate untapped markets. We remain steadfast in our commitment to reaching our north star-empowering one billion lives, with our cutting-edge wealth-creation solutions."

Mr. Dinesh Thakkar, Chairman and Managing Director, Angel One Limited, said, "Our unwavering commitment to delivering digital-first financial solutions and an impeccable user experience resonates across all aspects of our business operations. Over the past year, Angel One has demonstrated substantial year-on-year growth, solidifying its position as the leading Fintech player in India. This achievement reinforces our dedication to excellence and innovation in the fintech industry, driving us to new heights as we continue to empower clients on their financial journey."

In recognizing the dynamic and forward-thinking nature of today's clients, Angel One remains dedicated to providing smarter avenues for growing wealth through innovative investment solutions. With a commitment to accessibility, our solutions are seamlessly available on both web and mobile apps, empowering clients to navigate their financial journey with ease.

Shares of Angel One Limited was last trading in BSE at Rs. 2906.75 as compared to the previous close of Rs. 2937.70. The total number of shares traded during the day was 44485 in over 6820 trades.

The stock hit an intraday high of Rs. 2982.30 and intraday low of 2845.15. The net turnover during the day was Rs. 128881450.00.

Source : Equity Bulls

Keywords

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