Angel One extends fall despite strong April update; stk drops 32% in 4 days

On April 29, 2022, the promoter, Rahul Thakkar sold 41,200 equity shares of Angel One via open market sale.

Shares of Angel One slipped 15 per cent to Rs 1,336 on the BSE in Friday’s intra-day trade. The stock plummeted 21 per cent in the past two trading days after the company updated its key business parameters for the month of April 2022.

In the past four trading days, the stock plunged 32 per cent after Angel One said its promoter Rahul Thakkar sold 41,200 equity shares of the company via open market sale on April 29, 2022, the day on which the stock hit a record high of Rs 2,022. Post transaction, Rahul Thakkar holding in the