# CHOICEIN (CHOICEIN) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/choicein

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹764.6
- Change: +3.60%
- As of: 2026-09-18
- 1D return: +3.50%
- 5D return: -0.85%
- 1M return: -5.66%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, CHOICEIN's technical stance presents a mixed picture across different timeframes. The daily view indicates a bearish trend, with the price below key moving averages like the 20-day EMA (₹765.31) and 50-day EMA (₹772.91), and the Supertrend indicator at ₹781.91 suggesting a bearish signal. This contrasts with the monthly timeframe, which shows a bullish trend, with the price above the 20-day EMA (₹707.86) and the Supertrend indicator at ₹543.34. The weekly timeframe also leans bullish, with the price above the 20-day SMA (₹753.92) and the Supertrend indicator at ₹697.21, though it is below the 20-day EMA (₹764.87).

Nearest support is observed at ₹757.10, approximately 0.88% below the current price of ₹763.85. Resistance is noted at ₹766.53, about 0.35% overhead. Recent activity includes a high-severity volume anomaly on September 18, 2026, with a 5% price increase on 2.78 times the average volume. A Doji pattern was also active on the weekly chart as of September 18, 2026.

The stock exhibits annualized volatility of 31% and a current drawdown of -10%. The maximum drawdown recorded is -31%. This suggests a riskier profile, with the current price positioned around the middle of its recent trading range.

- Daily trend is bearish with price below key EMAs and Supertrend.
- Monthly and weekly trends show bullish signals, creating a divergence.
- Nearest support is at ₹757.10; nearest resistance is at ₹766.53.
- A high-severity volume anomaly occurred on September 18, 2026, with a 5% price increase.
- Annualized volatility is 31% and current drawdown is -10%.

- Doji
- Outside Bar
- Inside Bar
- Bullish Engulfing Reversal
- Morning Star
- Bearish Engulfing Reversal

### News Context

In the week ending September 18, 2026, news emerged regarding potential changes to the Employees' Provident Fund (EPF) wage ceiling, which could impact the Employees' Deposit Linked Insurance (EDLI) scheme. While the EDLI wage ceiling is set to rise, the maximum insurance cover may remain at ₹7 lakh. Separately, SEBI proposed changes to the Closing Auction Session and expiry-day settlement methodology, drawing attention to broking firms such as BSE and Groww. Jefferies expressed a bearish view on BSE but favored Groww as a more attractive investment in India's equity market.

- On September 18, 2026, reports indicated that the EDLI contribution might increase to ₹125 due to a rising EPF wage ceiling, though the maximum insurance cover could stay at ₹7 lakh.
- On September 15, 2026, SEBI proposed changes affecting the Closing Auction Session and expiry-day settlement, impacting broking stocks.
- Jefferies maintained a bearish stance on BSE as of September 15, 2026.
- Jefferies viewed Groww as a preferred investment within India's equity market as of September 15, 2026.

- EPF wage ceiling hike: EDLI contribution rises to Rs 125, but maximum cover may stay at Rs 7 lakh. Here's why
- BSE, Groww, other broking stocks in focus as SEBI proposes changes to CAS. What does it mean for investors?

### What Changed

As of September 18, 2026, Choice International's stock traded at ₹763.85, an increase from its previous price of ₹736.0. The company's profile on the NSE remains unchanged. Recent news on September 18, 2026, discussed potential changes to the Employees' Deposit Linked Insurance (EDLI) scheme, including a rise in the EDLI contribution to ₹125 due to an EPF wage ceiling hike, though the maximum cover might remain at ₹7 lakh. No other new filings or significant news impacting the company's operations were reported in the provided evidence.

- As of September 18, 2026, Choice International's stock price was ₹763.85.
- The stock price on a prior, unspecified date was ₹736.0.
- News on September 18, 2026, reported a potential increase in EDLI contribution to ₹125 following an EPF wage ceiling hike, with the maximum cover potentially staying at ₹7 lakh.
- Choice International is listed on the NSE.

- EPF wage ceiling hike: EDLI contribution rises to Rs 125, but maximum cover may stay at Rs 7 lakh. Here's why

### Official Filings

Choice International Limited is preparing for its 33rd Annual General Meeting (AGM) on September 26, 2026. The company has announced that the Register of Members and Share Transfer Books will be closed from September 20, 2026, to September 26, 2026, with September 19, 2026, set as the record date for determining shareholder eligibility for electronic voting. The AGM agenda includes the adoption of audited financial statements for the fiscal year ended March 31, 2026, the reappointment of Mr. Arun Kumar Poddar as a director, and the approval of material related-party transactions with subsidiaries. These transactions involve potential amounts up to ₹1,000 crore for Choice Equity Broking Private Limited and Choice Finserv Private Limited, and up to ₹250 crore for Choice Consultancy Services Private Limited and Choice Wealth Private Limited. Additionally, approval is sought for personal guarantees with Mr. Kamal Poddar. The company reported consolidated revenue of ₹11,445 million, EBITDA of ₹4,254 million, and Profit After Tax of ₹2,379 million for FY26, representing year-over-year growth of 24%, 44%, and 46% respectively. Strategic developments during the fiscal year included the acquisition of full ownership in Choice Insurance Broking India Private Limited and SEBI approval for Choice AMC Private Limited to manage Choice Mutual Fund. Separately, on September 3, 2026, promoter Mr. Arun Kumar Poddar released a pledge on 600,000 equity shares, valued at ₹461,070,000, without altering his total shareholding.

- The 33rd Annual General Meeting is scheduled for September 26, 2026, with a record date of September 19, 2026, for shareholder eligibility.
- Key agenda items for the AGM include approving FY26 financial statements, reappointing director Mr. Arun Kumar Poddar, and authorizing material related-party transactions up to ₹1,000 crore with certain subsidiaries.
- For the fiscal year 2025-26, Choice International Limited reported consolidated revenue of ₹11,445 million (up 24% YoY), EBITDA of ₹4,254 million (up 44% YoY), and Profit After Tax of ₹2,379 million (up 46% YoY).
- Significant strategic moves in FY26 included full ownership acquisition of Choice Insurance Broking India Private Limited and SEBI approval for Choice AMC Private Limited to manage Choice Mutual Fund.
- On September 3, 2026, promoter Arun Kumar Poddar executed a pledge release of 600,000 equity shares valued at ₹461,070,000.

- Intimation of Book Closure and Record Date for ensuing 33rd Annual General Meeting of the company. |SUBJECT: Record Date
- NAME OF PROMOTER(S) OR PACS WITH HIM : Mr. ArunKumar Poddar
- CHOICE INTERNATIONAL LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Newspaper Advertisment for the 33rd Annual General Meeting of the Company to be held on September 26, 2026. |SUBJECT: Copy of Newspaper Publication
- CHOICEIN|Choice International Limited|Original|Regulation 7 (2)|IT_20116_WebXMLFile_20260904_125019702.xml|IT_20116_20260904_125019732_WEB.html|5295|22405|-
- Notice of the 33rd Annual General Meeting and Annual Report for the Financial year 2025-26 |SUBJECT: Shareholders meeting
- Letter to Shareholders- Intimation of Annual General Meeting |SUBJECT: General Updates
- CHOICE INTERNATIONAL LIMITED has informed the Exchange about Notice of Shareholders Meeting for Annual General Meeting to be held on 26-Sep-2026 |SUBJECT: Notice Of Shareholders Meetings-XBRL

### Fundamentals

Choice International's recent operating performance shows a mixed trajectory. While sales have demonstrated growth, with a compounded annual growth rate (CAGR) of 45% over the last 5 years, the company's operating profit margins have fluctuated. For the fiscal year ending March 2024, operating profit was ₹225.0 crore on sales of ₹756.0 crore, resulting in an Operating Profit Margin (OPM) of 30.0%. Looking ahead, projections indicate continued sales growth, with an estimated ₹1119.0 crore in sales for the fiscal year ending March 2026, and an anticipated improvement in OPM to 36.0% in the same period. However, cash flow from operations has been negative in recent periods, with ₹-153.0 crore in FY2024, and projected to be ₹-294.0 crore in FY2025 and ₹-267.0 crore in FY2026. This contrasts with positive cash flow from financing activities, which stood at ₹224.0 crore in FY2024 and is projected to increase significantly in the coming years. The company's balance sheet shows a substantial increase in borrowings, rising from ₹206 crore in March 2023 to ₹455 crore in March 2024, and projected to reach ₹908 crore by March 2026. Concurrently, equity capital has also grown, from ₹199 crore in March 2024 to a projected ₹223 crore by March 2026. Fixed assets have seen a considerable increase, from ₹134 crore in March 2024 to a projected ₹393 crore by March 2026, alongside a rise in investments from ₹23 crore to ₹178 crore over the same period. The company's Cash Conversion Cycle has improved, decreasing to 91 days in March 2024 from 107 days in March 2023, but is projected to increase to 142 days by March 2026. Key areas to monitor include the company's ability to generate positive cash flow from operations, manage its increasing debt levels, and the effective deployment of its growing investments and fixed assets.

- Sales CAGR over 5 years was 45%, reaching ₹756.0 crore in FY2024.
- Operating Profit Margin (OPM) was 30.0% in FY2024, with projections to reach 36.0% by FY2026.
- Cash flow from operations was ₹-153.0 crore in FY2024 and is projected to remain negative through FY2026.
- Borrowings increased from ₹206 crore in March 2023 to ₹455 crore in March 2024, with projections to reach ₹908 crore by March 2026.
- Cash Conversion Cycle improved to 91 days in March 2024, but is projected to increase to 142 days by March 2026.

### Bull Case

Choice International has demonstrated improvements in its cash flow generation and profit growth over the past five years. The company's operating performance shows a positive shift, with cash flow from operations turning positive in the fiscal year ending March 2020, a notable change from the previous year. This improvement is further reflected in free cash flow, which also moved from a negative to a positive figure. The company has also achieved significant compounded sales and profit growth over a five-year period, indicating a sustained expansion in its business and earnings.

- Compounded sales growth over 5 years was 45% and compounded profit growth over 5 years was 67%.
- Cash flow from operations improved to ₹26.0 crore in March 2020 from -₹36.0 crore in March 2019.
- Free Cash Flow turned positive at ₹34.0 crore in March 2020, compared to -₹69.0 crore in March 2019.
- Total assets increased to ₹502 crore in March 2020 from ₹473 crore in March 2019, with reserves growing to ₹193 crore from ₹154 crore over the same period.

- EPF wage ceiling hike: EDLI contribution rises to Rs 125, but maximum cover may stay at Rs 7 lakh. Here's why
- BSE, Groww, other broking stocks in focus as SEBI proposes changes to CAS. What does it mean for investors?

### Bear Case

Choice International's balance sheet shows a decrease in fixed assets from ₹98 crore in March 2019 to ₹88 crore in March 2020. Over the same period, borrowings reduced from ₹166 crore to ₹143 crore, while equity capital remained constant at ₹20 crore. The company's cash flow from operations was negative in the fiscal year ending March 2019 at -₹36 crore, improving to ₹26 crore in March 2020. Free cash flow also shifted from -₹69 crore in March 2019 to ₹34 crore in March 2020. The daily technical trend indicates a bearish supertrend direction as of September 18, 2026, with the closing price of ₹763.85 below the 20-day exponential moving average (EMA) of ₹765.31 and the 50-day EMA of ₹772.91.

- Fixed assets decreased by ₹10 crore from ₹98 crore (March 2019) to ₹88 crore (March 2020).
- Borrowings decreased by ₹23 crore from ₹166 crore (March 2019) to ₹143 crore (March 2020).
- Cash flow from operations was negative in the fiscal year ending March 2019 (-₹36 crore), turning positive to ₹26 crore in March 2020.
- The daily technical trend shows a bearish supertrend direction as of September 18, 2026.

- EPF wage ceiling hike: EDLI contribution rises to Rs 125, but maximum cover may stay at Rs 7 lakh. Here's why
- BSE, Groww, other broking stocks in focus as SEBI proposes changes to CAS. What does it mean for investors?

### FAQs

**How has Choice International's financial health changed between March 2019 and March 2020?**

Between March 2019 and March 2020, Choice International saw a decrease in borrowings from ₹166 crore to ₹143 crore. Equity Capital remained stable at ₹20 crore, while Reserves increased from ₹154 crore to ₹193 crore. Total Assets grew from ₹473 crore to ₹502 crore, with a notable increase in 'Other Assets' from ₹352 crore to ₹395 crore, while Fixed Assets decreased from ₹98 crore to ₹88 crore. Total Liabilities also increased from ₹473 crore to ₹502 crore, with 'Other Liabilities' rising from ₹133 crore to ₹146 crore.

**What has been the trend in Choice International's cash flow from operations and free cash flow?**

Choice International's cash flow from operating activities improved significantly, moving from a negative ₹36 crore in March 2019 to a positive ₹26 crore in March 2020. Similarly, Free Cash Flow improved from a negative ₹69 crore in March 2019 to a positive ₹34 crore in March 2020. The cash flow from operations (CFO/OP) also showed a positive shift, from -₹93.0 in March 2019 to ₹78.0 in March 2020.

**What are the recent corporate actions and disclosures from Choice International?**

Choice International Limited has scheduled its 33rd Annual General Meeting for September 26, 2026, with the Register of Members and Share Transfer Books closed from September 20 to September 26, 2026. The cut-off date for determining shareholder eligibility for electronic voting was September 19, 2026. Additionally, on September 3, 2026, Arun Kumar Poddar, a promoter, released a pledge on 600,000 equity shares, valued at ₹461,070,000, without changing his total shareholding of 16,200,000 shares. The company also announced an Analyst Meet scheduled for September 11, 2026.

**What is the recent technical performance and risk profile of Choice International?**

As of September 18, 2026, Choice International's daily trend shows a closing price of ₹763.85, with the SuperTrend indicator in a bearish direction at ₹781.91. The 5-day EMA slope is negative (-12.69). However, the monthly trend indicates a bullish SuperTrend at ₹543.34. Over the past year, the stock has seen a return of -7%, with a YTD return of -9%. The annualized volatility is 31%, and the current drawdown is -10%, with a maximum drawdown of -31%.

- EPF wage ceiling hike: EDLI contribution rises to Rs 125, but maximum cover may stay at Rs 7 lakh. Here's why
- BSE, Groww, other broking stocks in focus as SEBI proposes changes to CAS. What does it mean for investors?
- Intimation of Book Closure and Record Date for ensuing 33rd Annual General Meeting of the company. |SUBJECT: Record Date
- NAME OF PROMOTER(S) OR PACS WITH HIM : Mr. ArunKumar Poddar
- CHOICE INTERNATIONAL LIMITED has informed the Exchange about Schedule of Analysts or Institutional Investors Meet |SUBJECT: Analyst/Investor Meet Para A-XBRL
- Newspaper Advertisment for the 33rd Annual General Meeting of the Company to be held on September 26, 2026. |SUBJECT: Copy of Newspaper Publication
- CHOICEIN|Choice International Limited|Original|Regulation 7 (2)|IT_20116_WebXMLFile_20260904_125019702.xml|IT_20116_20260904_125019732_WEB.html|5295|22405|-
## Technical analytics

- As of: 2026-09-18
- Daily trend: Moderate Downtrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹733.87
- Risk regime: Price Risk Currently Contained

### Support levels
- 757.1
- 700.86796875
- 681

### Resistance levels
- 779.603125
- 819.1
- 848.034375

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +3.50% |
| return_10 | -0.60% |
| return_1m | -4.95% |
| return_1y | -6.88% |
| return_20 | -5.66% |
| return_3m | +7.96% |
| return_5 | -0.85% |
| return_6m | +18.42% |
| return_since_start | +37.68% |
| return_ytd | -8.87% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | contained_risk |
| label | Price risk currently contained |
| summary | Recent drawdown and price variability remain within the producer's contained-risk thresholds. |
| maximum_drawdown | -31.32% |
| annualized_volatility | +31.12% |

## Quarterly financials

- Latest complete quarter: fy27_q1

# Revenue edges higher but cost increases compress margins

Choice International reported a 1% sequential increase in revenue from operations to ₹309.79 crore in Q1 FY2026‑27. Profit before tax fell 7.81% to ₹79.92 crore as other expenses and finance costs rose more sharply. Year‑on‑year, revenue grew 32.45% and profit before tax rose 27.09%, but other expenses expanded 36.72%, outpacing revenue growth and pressuring margins.

## Revenue and Cost Trends

Revenue from operations edged up from ₹306.71 crore in Q4 FY2025‑26 to ₹309.79 crore, a gain of 1%. However, other expenses jumped 10.82% to ₹110.98 crore, and finance costs rose 6.91% to ₹27.68 crore. Together, these two cost lines increased by ₹12.62 crore, far exceeding the ₹3.08 crore increase in revenue.

Year‑on‑year, revenue climbed 32.45% from ₹233.88 crore in Q1 FY2025‑26. Other expenses increased 36.72% to ₹110.98 crore, and finance costs rose 31.03% to ₹27.68 crore. The faster growth in other expenses relative to revenue placed downward pressure on profitability.

## Profitability Analysis

Profit before tax fell 7.81% sequentially to ₹79.92 crore, while net profit dropped 10.66% to ₹60.61 crore. The pre‑tax margin narrowed from 28.27% in Q4 to 25.80% in Q1, and the net margin declined from 22.12% to 19.57%.

The quarter also included a favourable swing in other unallocable items, which moved from an expense of ₹1.74 crore in Q4 to a net income of ₹1.65 crore, a swing of ₹3.39 crore. Even with this benefit, profit declined, underscoring the impact of higher other expenses and finance costs.

Year‑on‑year, profit before tax grew 27.09% and net profit rose 26.37%. Both trailed the 32.45% revenue growth, consistent with the margin compression seen in the sequential comparison.

## Segment Performance

Segment revenue from operations (including inter‑segment) increased 1.65% sequentially to ₹319.02 crore, while inter‑segment revenue fell 16.36% to ₹13.86 crore. Segment profit before tax mirrored the consolidated PBT, declining 7.81% to ₹79.92 crore. The segment data does not provide a breakdown by business line, but the aggregate trend aligns with the overall performance.

## Key Takeaway

Choice International posted modest sequential revenue growth, but a sharp rise in other expenses, along with higher finance costs, more than absorbed the top‑line gain and drove a decline in profit before tax and net profit. Margins contracted across the board. Year‑on‑year figures show solid double‑digit growth in revenue and profit, though other expenses grew even faster, indicating that cost pressures are intensifying.

### Ratios

## Official filings

- 2026-09-15 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_15092026181324_Upload.pdf)
- 2026-09-10 — Regulatory Filing: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/SASTDisclosure_09102026160735.zip)
- 2026-09-08 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SAIIM_20116_WebXMLFile_20260908_190753546.xml)
- 2026-09-05 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_05092026160601_Intimation_News_paper_advertisment_agm_FINAL_SD.pdf)
- 2026-09-04 — Official Filing: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/IT_20116_WebXMLFile_20260904_125019702.xml)
- 2026-09-04 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_04092026190715_Upload.pdf)
- 2026-09-04 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_04092026192624_Upload.pdf)
- 2026-09-04 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_20116_WebXMLFile_20260904_193540560.xml)
- 2026-09-04 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_20116_WebXMLFile_20260904_193426645.xml)
- 2026-09-04 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/NOTICE_OF_SHAREHOLDERS_MEETINGS_20116_WebXMLFile_20260904_193641467.xml)
- 2026-09-03 — Annual Report: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/annual_reports/AR_31423_CHOICEIN_2025_2026_A_19975927_04092026190139.pdf)
- 2026-08-20 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_20082026194815_Upload.pdf)
- 2026-08-20 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_20116_WebXMLFile_20260820_200706880.xml)
- 2026-08-17 — Earnings Transcript: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_17082026183604_Upload.pdf)
- 2026-08-12 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_12082026152308_Upload.pdf)
- 2026-08-11 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_11082026191728_upload.pdf)
- 2026-08-10 — Management Change: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_10082026202229_upload.pdf)
- 2026-08-10 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_10082026202716_Upload.pdf)
- 2026-08-10 — Management Change: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_10082026203108_Upload.pdf)
- 2026-08-10 — Earnings Presentation: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_10082026203527_upload.pdf)
- 2026-08-10 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/REG30_Restructuring_20116_WebXMLFile_20260810_204728033.xml)
- 2026-08-10 — Press Release: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_10082026203831_Upload.pdf)
- 2026-08-10 — Management Change: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/CIM_20116_WebXMLFile_20260810_211443634.xml)
- 2026-08-05 — Generic Announcement: Choice International Limited will hold an earnings conference call on Tuesday, August 11, 2026, at 04:00 PM IST to discuss the unaudited financial results for the quarter ended June 30, 2026. The call will include Group CEO Mr. Arun Poddar and Head of Investor Relations Mr. Ayush Sharma. — [Official attachment](https://nsearchives.nseindia.com/corporate/CHOICE_05082026195409_upload.pdf)
- 2026-08-03 — Generic Announcement: Choice International Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_20116_WebXMLFile_20260803_211701498.xml)

## News and market events

- 2026-09-18 — MONEYCONTROL: **EPF wage ceiling hike: EDLI contribution rises to Rs 125, but maximum cover may stay at Rs 7 lakh. Here's why** — EDLI wage ceiling, EDLI benefits, EPF wage ceiling 2026, EPF ceiling Rs 25000, EDLI insurance cover, EDLI contribution, EPF contribution increase, EDLI Rs 7 lakh cap, Employees Deposit Linked Insurance, EPFO wage ceiling — [Source](https://www.moneycontrol.com/news/business/personal-finance/epf-wage-ceiling-hike-edli-contribution-rises-to-rs-125-but-maximum-cover-may-stay-at-rs-7-lakh-here-s-why-14032723.html)
- 2026-09-15 — Economic Times: **BSE, Groww, other broking stocks in focus as SEBI proposes changes to CAS. What does it mean for investors?** — BSE, Groww, Angel One and Motilal Oswal are in focus after Sebi proposed changes to the Closing Auction Session and expiry-day settlement methodology. Jefferies remains bearish on BSE but sees Groww as a better play on Indias equity market. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/bse-groww-other-broking-stocks-in-focus-as-sebi-proposes-changes-to-cas-what-does-it-mean-for-investors/articleshow/134251262.cms)
- 2026-08-13 — Economic Times: **Groww leads India's top brokerages in July with over 70,000 new active accounts** — Groww strengthened its brokerage lead in July, adding over seventy thousand active accounts. This growth contrasts with a general industry slowdown in user additions this year. Zerodha, the second-largest broker, continued to lose active accounts, shrinking its user base. Angel One and Upstox Securities also experienced declines in their active client numbers. HDFC Securities similarly shed active accounts during the month and year. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/groww-leads-indias-top-brokerages-in-july-with-over-70000-new-active-accounts/articleshow/133195517.cms)
- 2026-08-11 — The Hindu: **Q1 Results Today Live:  Siemens, Zydus Lifesciences, MRF, RVNL, PI Industries, Manappuram Finance, NBCC, Kalpataru, Swan Defence, Bata, Gujarat Energy, KPI Green to announce Q1 results, Vi, Bosch, Zee, Bharat Forge, Hindustan Copper, Info Edge in focus** — Q1 Results Today, 11th August 2026 Live Updates:  Follow Q1FY27 live updates from businessline — [Source](https://www.thehindubusinessline.com/markets/q1-results-today-live-updates-siemens-zydus-lifescience-mrf-rvnl-pi-industries-manappuram-finance-nbcc-kalpataru-swan-defence-bata-gujarat-energy-kpi-green-vi-bosch-zee-results-11-august-2026/article71327946.ece)
- 2026-07-28 — Economic Times: **Broker earnings stay under pressure in Q1 as derivatives trading slows** — Most listed brokers saw earnings pressure in the June quarter. Trading activity in equity derivatives slowed, and gold and silver rallies reversed. Motilal Oswal Financial Services revenue surged eighty-eight percent during this period. Angel One and Anand Rathi Share & Stock Brokers reported profit declines. Investor participation remained healthy, but trading volumes were volatile. — [Source](https://economictimes.indiatimes.com/markets/stocks/earnings/broker-earnings-stay-under-pressure-in-q1-as-derivatives-trading-slows/articleshow/132672967.cms)
- 2026-07-21 — The Hindu: **Aditya Birla Sun Life AMC Q1 profit rises 12% to ₹309.5 crore** — Higher employee costs lifted expenses by 14 per cent, even as revenue rose 3 per cent to ₹463 crore — [Source](https://www.thehindubusinessline.com/markets/aditya-birla-sun-life-amc-q1-profit-rises-12-to-3095-crore/article71248920.ece)
- 2026-07-21 — The Hindu: **Sensex today | Stock Market Live: Sensex drops 250 pts, Nifty below 24,200; HDFC Bank lead losers** — Sensex, Nifty, Share Prices LIVE: At 11.03 am, Sensex traded 212.51 pts or 0.27% lower at 77,496.01; and Nifty 50 dipped 46.05 pts or 0.19% to 24,192.45. — [Source](https://www.thehindubusinessline.com/markets/sensex-nifty50-today-stock-market-live-updates-21st-may-2026/article71245381.ece)

## Business profile

**Strategic vision:** Financial services conglomerate offering investment and advisory services.

### Business segments
- **Investment Banking:** Provides investment banking services as part of its comprehensive financial offerings.
- **Securities Dealing:** Engages in the dealing of securities, offering diverse investment and trading options.
- **Investment Advice:** Offers investment advice across various financial products and services.
- **Financial Products:** Provides a range of financial products including loans and insurance.
- **Advisory Services:** Delivers a suite of advisory services including management consultancy, wealth management, and tax advisory.
- **Institutional Broking:** Offers institutional broking as a core component of its financial services portfolio.

### Competitive strengths
- Full-service stockbroker with a comprehensive range of financial and advisory services.

## Related stocks

- [360ONE (Financial Services)](https://faxioms.com/stocks/360one) — +1.96%
- [ABCAPITAL (Financial Services)](https://faxioms.com/stocks/abcapital) — +2.95%
- [ABSLAMC (Financial Services)](https://faxioms.com/stocks/abslamc) — -2.47%
- [ANANDRATHI (Financial Services)](https://faxioms.com/stocks/anandrathi) — +0.79%
- [ANGELONE (Financial Services)](https://faxioms.com/stocks/angelone) — +1.69%

## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/choicein
Markdown representation: https://faxioms.com/stocks/choicein?render=md