India's Angel One hits record high after strong monthly update

Motilal Oswal Financial Services

04/01/2024 05:58

** Shares of Angel One  ANGO.NS  rise as much as 7.8% to a
record 3,750 rupees
    ** Stock broker says December avg daily turnover up 2.5x
Y/Y, avg daily orders rose 75%
    ** ANGO shares pare some gains, last up 4%
    ** All 7 analysts tracking ANGO rate it "buy" or higher,
median PT is 2,350 rupees - LSEG data
    ** Stock rose 166% in 2023, over 2x the returns of Motilal
Oswal  MOFS.NS  and 4x of ICICI Securities  ICCI.NS 


 (Reporting by Nandan Mandayam)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))