Angel One shares up 5% despite decline in month-on-month client acquisition in March

Shares of Angel One Ltd will be in focus today after the broking firm reported its business update for the month of March on Wednesday, April 8.

The company's client base increased by 1.3% on a month-on-month basis to 37.39 million from 36.93 million in February. On a year-on-year basis, the metric grew by 20.5%.

Gross client acquisition in March declined 10.7% month-on-month to 0.51 million from 0.57 million in February 2026. On a year-on-year basis, this metric rose by 7.5%.

The number of orders placed decreased by 2.8% in March, in comparison to February to 139.98 million. On the flip side, the year-on-year growth was a positive 37.1%.

Average daily orders increased for Angel One during the month of March at 7.37 million from 6.86 million in February. This metric too, was up 37.1% from the year-ago quarter.

Average daily turnover (ADTO), based on notional turnover, declined 10.4% month-on-month overall, while ADTO in the futures and options segment also fell 11.3% month-on-month. On a year-on-year basis, overall ADTO grew 37.3%, while futures and options ADTO rose 34.8%.

Retail turnover market share for Angel One declined by 108 basis points on an overall basis from last month, while F&O market share declined by 101 basis points. Both metrics grew by 26 basis points and 68 basis points year-on-year.

Cash turnover market share decreased by 178 basis points month-on-month, while commodity turnover market share rose by 15 basis points from February.

Shares of Angel One settled 0.18% higher on Tuesday at ₹246.50. The stock has risen 13% in the last one month.