February 14, 2025
Home » ICICI Securities maintains Buy on Angel One, lowers target price to Rs 3,000 Jobbery Stock Market update
ICICI Securities maintains Buy on Angel One, lowers target price to Rs 3,000

ICICI Securities maintains a buy call on Angel One, adjusting the target price to Rs 3,000. The company’s recent quarter income dropped by 16.63%, but revenue improved by 19.14% year-on-year. Regulatory impacts and weak market conditions affected Q3FY25 results. However, business diversification and projected profit growth to Rs 15 billion by FY27E bolster positive outlook.

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