Buy Angel One; target of Rs 1945: Hem Securities

Hem Securities is bullish on Angel One has recommended buy rating on the stock with a target price of Rs 1945 in its research report dated May 04, 2022.

Broker Research

May 05, 2022 / 20:33 IST

26 Aug, 2025 12:21

Volume

Todays L/H

Hem Securities report on Angel One

Company reported yet another steady quarter, and continued its business performance in Q4FY22, growing PAT by 100 percent/24 percent YoY/QoQ. Highest Gross customer additions were 1.5 million in Q4FY22 and 5.3 million in FY22, with tiers-3/4 cities accounting for more than 94% of the additions.

Outlook

We value the company at 21.7x FY23 EPS to arrive at the target of 1945.

For all recommendations report, click here

Disclaimer: The views and investment tips expressed by investment experts/broking houses/rating agencies on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.

Broker Research

first published: May 5, 2022 08:33 pm

Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!

Subscribe to Tech Newsletters

Al Edge Newsletter On Saturdays

Find the best of Al News in one place, specially curated for you every weekend.
MC Tech 3 Newsletter Daily-Weekdays

Stay on top of the latest tech trends and biggest startup news.

Advisory Alert: It has come to our attention that certain individuals are representing themselves as affiliates of Moneycontrol and soliciting funds on the false promise of assured returns on their investments. We wish to reiterate that Moneycontrol does not solicit funds from investors and neither does it promise any assured returns. In case you are approached by anyone making such claims, please write to us at grievanceofficer@nw18.com or call on 02268882347