BofA acquired Angel One shares at a value of Rs 2,293.21 per share which was at a 1.5% low cost over the Thursday closing value of Rs 2,330.20 on the NSE. At the moment the inventory closed at Rs 2,325.40, down by Rs 4.80 or 0.21%.
As for Nuvama, BofA picked shares at a value of Rs 5,930.43 per share, which was at a 1% premium over earlier closing value of Rs 5,874. At the moment, the inventory ended at Rs 5,950, gaining by Rs 76 or 1.3%.
In each the offers, Hong-based OXBOW Grasp Fund Restricted was the vendor. The fund offered 15.22 lakh shares of Angel One for Rs 349 crore whereas offloaded over 2.6 lakh shares at a price of Rs 154 crore.Angel One reported a pointy decline in its quarterly earnings for the fourth quarter of FY25. The brokerage agency’s revenue after tax fell by 48.7% year-on-year (YoY) to Rs 174.52 crore within the stated quarter. It additionally posted a 38% quarter-on-quarter (QoQ) drop in revenue after tax (PAT), down from Rs 281.5 crore in Q3FY25.
Angel One’s complete revenue additionally noticed a decline of 16% QoQ, falling from Rs 1,263.8 crore in Q3FY25 to Rs 1,057.8 crore within the March quarter.
Angel One shares have been on a falling curve witnessing a share value erosion of 23%, this yr. On a one yr foundation, the decline is to the tune of 4%.
Nuvama then again, has fallen 15% in 2025 to date whereas its returns over a 1-year interval stand at 18%.
(Disclaimer: Suggestions, ideas, views and opinions given by the consultants are their very own. These don’t symbolize the views of Financial Instances)
