Angel One shares experienced a perceived price collapse on February 26, 2026, as the stock adjusted for its first-ever 1:10 stock split. The shares opened at 251.00 INR, contrasting sharply with the previous day's closing price of 2,489.90 INR. This 90% price reduction is a technical adjustment rather than a loss of value. Under the 1:10 ratio, every equity share with a face value of 10 INR has been subdivided into 10 shares with a face value of 1 INR each. The corporate action aims to enhance liquidity and make the stock more accessible to retail investors. While the number of outstanding shares has increased tenfold to approximately 90.85 crore, the company’s total market capitalization remains stable at approximately 22,600 crore INR. Operational momentum for the brokerage remains strong despite the price adjustment. Angel One reported a 20.8% year-on-year growth in its client base, reaching 36.39 million as of January 2026. Monthly client additions rose 1.9% from December, reflecting sustained retail interest. Average daily turnover (ADTO) surged by 107.8% year-on-year to 64.07 lakh crore INR in January 2026. The F&O segment continues to drive the bulk of this activity, contributing 62.45 lakh crore INR to the total turnover. Financially, the company remains profitable with a reported consolidated net profit of 269 crore INR for the quarter ending December 2025. Although this was a minor 4.5% dip year-on-year, it represented a 26.9% sequential growth, supported by a revenue climb to 1,335 crore INR. The board recently rewarded shareholders with an interim dividend of 23 INR per share on the pre-split face value. Strategic focus has also shifted, with the company withdrawing a previous proposal to transfer its core broking business to a subsidiary to maintain its current operational framework. Market analysts maintain a generally positive outlook on the stock's long-term trajectory. Current price targets from major brokerages range between 3,000 INR and 3,860 INR on a pre-split basis, which equates to roughly 300 INR to 386 INR in the new post-split environment. The brokerage industry in 2026 continues to benefit from a "capex super cycle" and a digital economy ecosystem. With demat accounts in India surpassing the 18-crore mark, Angel One's move to lower the entry price for its shares aligns with the broader trend of rising retail participation in equity markets. [Angel One 1:10 Stock Split Update](https://www.youtube.com/watch?v=KMuRXe3bkHA) This video provides a broader perspective on the financial sector trends and top brokerage recommendations for 2026, helping investors understand the environment in which Angel One is operating. http://googleusercontent.com/youtube_content/0