Angel One Surges 8% on Blockbuster Q3 Results; AMC Peers Rally

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AuthorAarav Shah|Published at:
Angel One Surges 8% on Blockbuster Q3 Results; AMC Peers Rally
Overview

Angel One Ltd. shares surged up to 8% on Friday, Jan 16, 2026, following robust quarterly earnings. Competitors ICICI Prudential AMC, HDFC AMC, and 360 ONE WAM also saw significant gains of 3-7%. Angel One's Q3 profit rose 27% to ₹269 crore, alongside an interim dividend approval and stock split. This sector-wide rally highlights strong performance in India's capital markets.

Capital Market Stocks Surge on Strong Q3 Earnings

Angel One Ltd. and other Indian capital market peers like ICICI Prudential AMC Ltd., HDFC AMC Ltd., and 360 ONE WAM Ltd. posted substantial gains on Friday, January 16, 2026. The rally followed the release of strong quarterly earnings reports for most of these firms, indicating robust investor confidence in the sector.

Angel One's Explosive Growth

Angel One emerged as a top performer on the Nifty 500 index, jumping as much as 8%. The company reported an 11% sequential increase in revenue and a significant 27% surge in net profit, reaching ₹269 crore for the December quarter. Its client funding book expanded by 11% to ₹5,900 crore, while average daily transactions saw a 10.6% rise. The company also maintained its market share in the equity and F&O segments.

In a move cheered by investors, the board approved an interim dividend of ₹23 per share. Furthermore, Angel One announced a 1:10 stock split, dividing each ₹10 share into ten ₹1 shares, aiming to improve liquidity and accessibility.

Peers Follow Suit Amidst Solid Results

360 ONE WAM gained between 3% and 7%, reporting a 5.9% sequential increase in its total assets under management to ₹7.11 lakh crore. Its recurring revenue grew by 12% quarter-on-quarter to ₹619 crore. ICICI Prudential AMC reported quarterly average AUM growth of 6.1%, outpacing the 5% industry average. Revenue climbed 7% sequentially to ₹1,515 crore, with EBITDA up 9% to ₹1,140 crore and EBITDA margins expanding by 150 basis points.

HDFC AMC's quarterly Average AUM increased 5% in line with industry trends. Revenue grew 4.6% from the previous quarter to ₹1,075 crore. Yields remained steady at 46.5 basis points, defying street expectations of a slight decline.

Market Reaction

By market close, Angel One shares were trading 7.5% higher at ₹2,714. 360 ONE WAM shares advanced 6% to ₹1,217.5, while HDFC AMC shares climbed 5% to ₹2,683.2. The broad-based strength across these key capital market players reflects positive investor sentiment towards companies delivering strong operational and financial performances.

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