Shares of Angel One shot up over 10 percent to a 52-week high of Rs 3,245.05 in the early trade on December 6 after the stock broker recorded a 51.3 percent on-year surge in its client base during November.
The company's client base rose to 1.85 crore in November, reflecting a near 4 percent rise as compared to the previous month.
Number of orders also rose 51.4 percent on year to 10.72 crore in November. As compared to the previous month, the number of orders grew 1.2 percent.
At 10.29 am, Angel One was trading at Rs 3,241 on the National Stock Exchange, up 10.2 percent from the previous close.
Volumes in the counter also shot up as 12 lakh shares had already changed hands on exchanges, higher than the one-month daily traded average of 11 lakh.
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The average daily turnover also surged 165 percent on year and 9 percent on month to Rs 34.36 lakh crore in November. The growth in the F&O segment's average daily turnover was 9.2 percent on month and a little over 169 percent on year at Rs 33.94 lakh crore.
As for the cash segment, the average daily turnover stood at Rs 5,000 crore, up 12.3 percent on month and over 33 percent on year.
On the other hand, the average client funding book was at Rs 1,855 crore, up 43.5 percent on year but down 1.6 percent from the previous month.
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