Angel One shares rally 5% on announcing Rs 26 dividend despite Q4 profit slump. Here’s what brokerages say

Angel One's shares surged 5.4% despite a 48.7% drop in Q4 net profit and a 22.2% revenue decline. The company announced a final dividend of Rs 26 per share for FY25. While ICICI Securities downgraded the stock, HDFC Securities maintained a 'Buy' rating, citing potential upside, and the firm highlighted strong annual performance despite regulatory headwinds impacting F&O activity.