India, March 18 -- This Small-cap Stockbroking Stock, engaged in providing retail stock broking, advisory services, margin funding, depository operations, and distribution of financial products like mutual funds across equity, commodities, and currency segments, jumped 10 percent in today's intraday trade. In this article, we will explore the reasons for the stock's rise.

With a market capitalization of Rs. 21,453.70 crores, the share of Angel One Limited has reached an intraday high of Rs. 237.85 per equity share, rising nearly 9.61 percent from its previous day's close price of Rs. 217. Since then, the stock has retreated and is currently trading at Rs. 236 per equity share.

Reason Behind the Surge Angel One Limited rose sharply by u...