On April 6, Angel One shares rose by over 3% in early trade after it reported a 3.3% monthly growth in its client base.

This month, the company’s client base plunged to 137.8 lacks from February’s 133.3lackss.

At 11.20 am, Angel One shares traded Rs 1,183 on the National Stock Exchange, up 1.25% from the earlier close. The stock reported an intraday high of Rs 1,214. Company’s 4 lakh shares changed hands compared to the one-week trading average of 3 lakh shares.

The number of orders increased 11.7% MoM in March to 932.2 lacks, reflecting the rising demand amid the initial public offerings set up to launch in the month.

The firm’s average daily turnover also plunged 18.5% MoM and 135.5% YoY to Rs 2,082,800 crore.

Angel One tried to expand its aggregate equity retail turnover market share by 120 bps from the previous month to 23.8%. Every year, the equity retail turnover market share is enlarged by 265 bps.