Top 13 Companies in India by Net Profit from Finance – Stock Broking Sector (Feb 2024 update)

India has one of the most well-known stock markets in the world, and it is a land of opportunity. If you play your cards right, the stock market can help you increase your wealth significantly. However, only a select few well-known traders are able to consistently profit from stock trading due to its high level of risk.

Who are these well-known traders, then? And just what secrets do they hold? Let’s investigate.

The top ten brokers in India are listed below based on their performance history and profitability. Let’s examine what sets them apart from the competition and try to come up with some concepts that might improve your trading.

List of Top 13 Finance – Stock Broking in India (BSE) based on Net Profit.

Company Name Net Profit (Rs. cr)
ICICI Securitie 1,111.60
Angel One 881.74
Share India 229.02
MCX India 129.83
Dolat Algotech 115.99
Geojit Fin 89.56
5paisa Capita 43.3
Monarch Net 34.84
AB Money 33.9
Arihant Capital 26.23
Dhani Services 25.14
Emkay Global 10.63
Abhinav Capital 9.68
Source: BSE, India, last updated 20 February, 2024

This news is a creative derivative product from articles published in famous peer-reviewed journals and Govt reports:

1. RANI, D. P. S., & MANDA, V. K. (2022). The Disruption Of The Indian Stockbroker. Journal of Positive School Psychology6(1), 98-112.
2. Agrawal, S. R., & Mittal, D. (2019). Measuring CRM effectiveness in Indian stock broking services. Journal of Global Information Management (JGIM)27(1), 144-164.
3. Navachethana, M., & Kalluraya, S. Financial Sector Reforms in India: A Review.

Disclaimer: This news is for information and research purposes only. It is not intended for financial advice.
Declaration of competing interest: Publisher and owner of this web-portal hereby declare that there is no competing interest.

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