Angel One, Reliance, DMart Share Price Moved Sharply After Q2 Results

Angel One share price jumped 13%, Reliance Share price fell 1% and DMart share price fell 8% after Q2 results went public. Three of these companies are different from the other sectors but Angel One shares benefit after the earnings and Reliance and Dmart share price reacts negatively.

Is the Angel One share price moving toward the new highs and Reliance share price and Dmart share price moving toward new lows. The technical chart of the angel One share looks mildly bullish; it took support at Rs 2500 levels and showed signs of short term base formation. Reliance share price struggles to hold the Rs 2700 support and technical chart showing signs of weakness.

Dmart share price is trading near to the March 2024 levels near to Rs 4,192. Dmart share price recently slipped below the 200 day EMA which indicates bearishness. In coming weeks, it will be interesting to see whether buyers in Dmart are able to hold the previous day low of Rs 4,139.

Angel One Q2 Results Update

Angel One, an Indian brokerage firm, reported a consolidated net profit of Rs 423 crore in the second quarter of FY25. Net profit is up by 39% from Rs 304 crore reported a year ago. Angel One reported a revenue of Rs 1,515 crore compared to Rs 1,048 crore up by 44.5% on a year ago period.

Angel One’s profit rises by 45% against Rs 293 crores in Q1 FY25. The brokerage added 30 lakh clients in Q2FY25, which is a growth of 15.9% on QoQ basis taking the overall client base to 27.5 million, which is a growth of 11.2% on QoQ basis.

Reliance Q2 Results Update

Reliance Industries Limited reported a consolidated net profit of Rs 16,563 crore in Q2 FY25, against Rs 17,394 in Q2 FY24. Reliance revenue from operations increased by a marginal 0.2% year-on-year to Rs 2.35 lakh crore in the reporting period.

DMART Q2 Results Update

Avenue Supermart, DMART reported a revenue of Rs 14,050 crore in Q2 FY25. In the same period last year, DMART reports a revenue of Rs 12,308 crore.

It reported a net profit of Rs 710 crore against Rs 659 crore in the same quarter last year. The profit margin also decreased to 5% in Q2 FY25 from 5.3% in Q2 FY24.