Angel One shares in focus after Q1 profit falls 61% YoY, wealth AUM jumps 34% QoQ

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Angel One's Q1FY25 net profit plummeted 61% YoY to Rs 114.4 crore, with revenue declining 19% to Rs 1,140 crore. Despite weakened operating performance reflected in EBITDA and margin drops, the wealth management segment showed robust growth, with AUM rising 33.6% sequentially. Analysts maintain a 'Buy' rating, projecting a slight upside, while technical indicators suggest bearish momentum.