Shares of Angel One dropped 10% to a 52-week low of Rs 1,952.2 during trading on Monday, with a lot of activity as 24.4 lakh shares were traded worth Rs 493.3 crore. At around 12:36 p.m., the stock was down 7.7% to Rs 2,002. This decline follows a 12% drop over the last two days after the company revealed unauthorized access to client data.
Angel One reported receiving alerts about the data leak on Thursday, February 27, from a partner monitoring the dark web. The alerts pointed out that some of its customers’ data had been accessed without permission. The company later confirmed that some of its AWS resources were compromised.
In an official statement, Angel One said it had quickly changed passwords for its AWS services and other applications to limit the damage. They also hired an outside forensic expert to investigate the breach and understand how it happened. The company reassured customers that the incident does not affect their securities, funds, or account details, and all client accounts are safe. They are continuing to look into the issue to check for any further impacts while keeping everyone informed.
In terms of business, Angel One had more trading activity and market share in January 2025, but total new clients added dropped to 6.6 lakh from 7.8 lakh in December 2024. Nevertheless, the total number of clients grew by 2.1% from the previous month, rising to 3.01 crore from 2.95 crore in December.
Despite being down 35% in the last three months, Angel One’s stock has increased by 79% over the past two years. The company’s total market value is now Rs 18,144 crore.
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