Capital Market Stocks Soar: Angel One, Peers Gain Up to 8% on Strong Q3 Results

• Angel One, ICICI Prudential AMC, HDFC AMC, and 360 ONE WAM shares surged up to 8% on January 16 following robust quarterly earnings.
• Angel One's revenue rose 11% sequentially, with net profit jumping 27% to ₹269 crore; client funding book grew 11% to ₹5,900 crore.
• Angel One's board approved an interim dividend of ₹23 per share and a 1:10 stock split.
• 360 ONE WAM's AUM increased 5.9% sequentially to ₹7.11 lakh crore, with recurring revenue up 12% to ₹619 crore.
• ICICI Prudential AMC saw its quarterly average AUM grow 6.1% sequentially, outpacing the industry, and Sankaran Naren received a two-year extension as Executive Director.

Why It Matters: Capital market firms like Angel One and its peers experienced significant stock gains due to strong Q3 financial results.