May 16, 2025 07:15 IST
Angel One, once a top beneficiary of India's retail investing boom, is now facing headwinds due to tighter SEBI regulations on F&O trading. In Q4FY25, its profits dropped nearly 49% year-on-year, and order volumes fell 25%. The company is trying to pivot from a low-cost broker to a full-fledged financial services platform. However, this shift is expensive and slow. The stock is down 22% YTD, and investors must weigh the risks of near-term pain against long-term transformation potential.
Fri, May 16, 2025