The company said in an exchange filing on Wednesday that the subdivision of its shares will be subject to regulatory and shareholder approval and the board will decide the stock split ratio at a meeting.
The interim dividend will be paid only when approved by the board, the brokerage firm announced January 21, 2026 as the record date for determining the eligible shareholders.
Share of Angel One on NSE Rs. ended with an increase of 2.7% at 2,472.
The company’s decision to split its stock by reducing the face value and market price per share is aimed at making the stock more affordable for retail investors and increasing participation.
Shares of Angel One have lagged the market, falling 10% over the past 12 months. According to Trendlyne data, the shares are currently trading at Rs. 2,588 and Rs. is trading below its 50-day and 200-day simple moving average (SMA) of 2,566.
Momentum indicator MFI shows that the stock is hovering near 32 and moving towards oversold territory. A number below 30 is considered oversold.
In the June quarter Rs. 114 crore as against a profit after tax (PAT) of 114 crore, the brokerage reported an 85% jump in its consolidated net profit for the quarter ended September and Rs. 212 crores. Revenue rose 5.4% to Rs. 1,202 crore, which in Q1 FY26 was Rs. 1,141 crores.
The brokerage reported its third consecutive quarterly profit decline year-on-year.
The company’s consolidated profit for the July-September quarter fell 50% year-on-year, mainly due to regulatory restrictions that continue to affect equity derivatives trading and retail investor activity.
(Disclaimer: Recommendations, suggestions, opinions and views given by experts are their own. These do not represent the views of Economic Times.)
As a trusted and reliable news source
Add now!
(You can now subscribe to our ETMarkets WhatsApp channel)
