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Should investors bet on Angel Broking amid surge in equity trading volume?

The sustainability of the recent improvement in the earnings profile of Angel Broking hinges on high trading volumes, which, in turn, are highly dependent on the level in equity markets

Angel Broking Ltd | The share price has surged 186 percent to 873.90 on July 1, 2021, from its issue price of Rs 306. It was listed on exchanges on October 5, 2020, with an issue size of Rs 600 crore.

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This Research Report / Research Recommendation has been published by Moneycontrol Dot Com India Limited (hereinafter referred to as “MCD”) which is a registered Investment Advisor under the Securities and Exchange Board of India (Investment Advisers) ...Read More