Angel One Shares Surge as Board Eyes Stock Split, Dividend

Business
M
Moneycontrol•08-01-2026, 09:21
Angel One Shares Surge as Board Eyes Stock Split, Dividend
- •Angel One's share price rose 1% after announcing a board meeting to consider a stock split.
- •The board meeting on January 15, 2026, will discuss sub-division of existing equity shares with a face value of Rs 10.
- •The board will also consider the first interim dividend for FY2025-26 and Q3 FY2025-26 unaudited financial results.
- •Gross client acquisition jumped 35.3% MoM in December, while the client base grew 1.8% MoM and 21% YoY.
- •The company's market capitalization stands at Rs 22,461.75 crore, with the stock trading below its 52-week high.
Why It Matters: Angel One's stock gains on potential split and dividend, reflecting strong client growth.
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