Shares of Angel One Ltd. declined on Wednesday, December 3, after the company reported its business update for November.

The company’s gross client acquisition of 0.5 million, or 5 lakh, was 11.1% lower than the previous month and 16.6% lower compared to November last year.

Its client base grew by 1.5% from October, while it increased 21.9% from the previous year to 35.08 million in November.

Angel One’s orders declined to 117.3 million — down 12.3% and 10.4% from last month and year, respectively.
Its average daily orders too witnessed a decline to 6.17 million, falling 7.7% from October and 15.1% from November last year.

Angel One’s average daily turnover (ADTO) in futures and options (F&O), based on option premium turnover, declined 6.5% from the previous month and 5.4% from the previous year to 14,000 crore.

Angel One’s retail turnover market share for F&O contracted to 21.5% from 21.6% in the previous month and from 21.9% in the previous year.

Shares of Angel One were down 5.6% at ₹2,656.6 apiece around 10.25 am. The stock is down 11.9% in 2025 so far.

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