Angel Broking to expand operations in MP | india | Hindustan Times
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Angel Broking to expand operations in MP

india Updated: Sep 10, 2006 22:03 IST
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ANGEL BROKING, one of the leading retail stock broking firms in the country, has announced plans to expand its operations in Madhya Pradesh and Chhattisgarh. The company plans to start operations in a big way in cities like Bhopal, Jabalpur, Gwalior, Raipur and Bilaspur.

Angel Broking executive director Rajiv Phadke told reporters here today that Angel Broking has 64 branches including 12 regional hubs, 3775 sub-brokers and registered business associates, and direct employee strength of 1500 across the country.

“Our commitment to quality and customer service is our core responsibility and the group’s quality assurance programme incorporates state of the art tools like Six Sigma to minimise and prevent failures, which ultimately helps our investors”, he said

Chief Investment Officer Rajen Shah said, “I strongly believe that we are in a secular bull market and the correction that we saw was healthy and necessary because it makes investing in the market again attractive; thus, it becomes most important to remain invested in the market to benefit from it rather than trying to call the bottoms and missing the bus totally; past experience shows that huge asset is created from this market by being consistent and keeping the investment strategies simple.”

Regional head Rohit Pateria said that the company had adhered to its vision and got phenomenal response from the client as well as from the sub-brokers across all the centres.

The company is now providing total wealth management services for sustainable wealth creation and its optimum management in this region. Angel is now serving over 1,47,000 clients and indirectly employs over 15,000 persons.