{"id":"f-e550251d2f-d425b48c-83aa-5de3-b465-fb81d6e93a78","title":"Angel One shares, other capital market peers, gain up to 8% on strong quarterly results","description":"While ICICI Prudential AMC's Quarterly Average AUM growth was ahead of the average industry growth during the quarter, HDFC AMC's growth for the same metric was in-line with the industry.","timestamp":1768546160,"category":"business","headline":"Angel One shares, other capital market peers, gain up to 8% on strong quarterly results","modifiedHeadline":"Angel One Surges on Strong Results","subCategories":["scid_0f705da1"],"region":"IN","bundleMetaData":{"bundleId":"ece1ae3d-908e-48c7-9e53-a4aa910ee4db","bundleTitle":"Grow Your Money","cardData":null},"iabCategoryId":"68","fcSummary":"indian capital market stocks like angel one, icici prudential amc, hdfc amc, and 360 one wam saw gains of up to 8% following positive quarterly earnings reports, with angel one leading the surge after announcing a dividend and stock split.","summary":"Angel One, peers surge up to 8% on strong quarterly results; ICICI Prudential AMC outperforms industry growth.","ctaUrl":"https://trends.glance.com/newz/Economy/IN/en/cnbc-tv18/f-e550251d2f-d425b48c-83aa-5de3-b465-fb81d6e93a78","sourceUrl":"https://www.cnbctv18.com/market/capital-market-stocks-surge-angel-one-hdfc-amc-icici-pru-360-one-wam-share-price-q3-results-reaction-19822042.htm","bannerImage":"https://g-mob.glance-cdn.com/public/fc/image/PUuxGQCUFz-0.webp","content":"India's Capital market stocks, Angel One Ltd., ICICI Prudential AMC Ltd., HDFC AMC Ltd., and 360 ONE WAM, gained up to 8% on Friday, January 16, after most of these companies reported their quarterly earnings after market hours over Wednesday and the holiday on Thursday.\n\n
\n
\n Angel One is among the top gainers on the Nifty 500 index, gaining as much as 8%, while 360 ONE WAM, HDFC AMC and Nippon Life India AMC gained between 3% to 7%.\n
\n
$\"\"$ \n
\n
Here's how these companies fared in the December quarter:\n
\n

Angel One

\n
\n The company's revenue went up 11% sequentially, net profit increased by 27% from the previous quarter to ₹269 crore.\n
\n
Angel One's client funding book grew 11% to ₹5,900 crore,\n while average daily transactions increased by 10.6% from the previous quarter. It also maintained its market share in the equity and F&O segment.\n
\n
\n The board of Angel One has also approved an interim dividend of ₹23 per share, and a stock split, under which, one share of ₹10 each, will be split into 10 shares of ₹1 each.\n\n
\n

360 ONE WAM

\n
\n 360 ONE WAM's total assets under management went up by 5.9% sequentially to ₹7.11 lakh crore, led by a 7.4% sequential growth in its Asset Management AUM, while its recurring revenue grew by 12% from the previous quarter to ₹619 crore.\n
\n
\n The company's Annual Recurring Revenue saw better yields in the December quarter, rising by 6 basis points from the September quarter.\n
\n
\n Operating margins expanded to 50.5%, while margins on an EBITDA level saw a drop due to a decline in its other income.\n
\n

ICICI Prudential AMC

\n
\n ICICI Prudential AMC reported its first quarterly report after listing, where its quarterly average AUM grew by 6.1% on a sequential basis, which is faster than the 5% industry growth.\n\n
\n
\n Revenue went up by 7% sequentially to ₹1,515 crore, while EBITDA increased 9% to ₹1,140 crore. EBITDA margin went up by 150 basis points.\n
\n
\n Equity Quarterly Average AUM rose 7.3% from the September quarter to ₹6.08 lakh crore, while its equity market share increased to 13.8%.\n
\n
\n Additionally, Sankaran Naren has received a two-year extension as Executive Director of the company, till June 30, 2028. This decision is subject to approval from the company's shareholders.\n
\n

HDFC AMC

\n
\n HDFC AMC reported its results during market hours on Wednesday, and the stock had also gained 3% in response to its numbers.\n\n
\n
\n Its quarterly Average AUM went up by 5% from the previous quarter, which is in-line with the industry growth.\n
\n
\n Revenue grew by 4.6% from last quarter to ₹1,075 crore, while yields remained steady at 46.5 basis points, contrary to street expectations of a decline to 46.2 basis points.\n
\n
\n Shares of Angel One are trading 7.5% higher at ₹2,714.\n
\n
\n 360 ONE WAM shares are trading 6% higher at ₹1,217.5.\n
\n
\n HDFC AMC shares are up 5% at ₹2,683.2.","readDurationInMinutes":"5","author":{"name":"CNBC TV18","logo":"https://glance-mob.glance-cdn.com/public/bubble/jpeg/ecc3d19b-fc52-4a39-881c-5b0936ae723b.jpeg"},"ism":false,"analyticsResponses":[{"measurementId":"383191425","type":"COMSCORE"}],"pointerSummary":["Angel One, ICICI Pru AMC, HDFC AMC stocks rise on earnings.","Angel One revenue up 11%, profit up 27%; approves dividend, stock split.","360 ONE WAM AUM up 5.9%, recurring revenue up 12%."],"tags":["AngelOne","ICICIPrudentialAMC","HDFCAMC","360ONEWAM","CapitalMarkets","StockMarket","QuarterlyResults","AUMGrowth","Nifty500","EquityMarket","FinancialResults","Dividend","StockSplit","SankaranNaren","AssetManagement","IndianStockMarket"],"consent":true,"redirectionEnabled":false}

Angel One shares, other capital market peers, gain up to 8% on strong quarterly results

SUMMARY