Broking stocks soar: Anand Rathi Share & Stock Brokers leads with 45% gain in 3 months

Over the past three months, a group of stock broking firms has delivered robust gains, outpacing the broader market. Sensex managed a modest 4% gain during the same period, while seven stock broking firms saw their prices surge between 10& and 45%.

Anand Rathi Share & Stock Brokers emerged as the top performer, delivering an impressive 45% gain in three months, signalling strong investor confidence. Close on its heels were Multi Commodity Exchange of India and IIFL Capital Services, each advancing over 30%, ACE Equity data shows.

Growing investor interest in the stock broking sector reflects a clear trend, with the space delivering significantly higher returns than the broader market indices over the short term.

Rathi’s standout performance is particularly notable given its recent debut on the stock exchanges on September 30, 2025. In its initial public offering (IPO), the company raised around Rs 746 crore, setting the stage for its strong early momentum.

Trendlyne’s data shows Anand Rathi Share & Stock Brokers demonstrated a very strong performance in a SWOT analysis, with its strengths clearly outweighing its weaknesses.

The company’s key strengths include consistent growth in net profit, accompanied by improving profit margins quarter-on-quarter (QoQ). It also has a zero promoter pledge, indicating strong promoter confidence and financial stability. In the last two years, the firm has shown improving cash flow from operations and a rising return on equity (ROE), reflecting efficient use of shareholders’ capital.

Similarly, the Multi-Commodity Exchange of India (MCX) fares strongly in the SWOT assessment. Key strengths include robust trailing twelve-month (TTM) EPS growth, reflecting healthy earnings momentum, and a debt-free balance sheet, which limits financial risk. The exchange has also reported revenue growth for two consecutive quarters and maintains zero promoter pledging, indicating solid promoter confidence and support.

On the other hand, a few stocks have seen minor declines over the same three-month period. Monarch Networth Capital, Geojit Financial Services, and Motilal Oswal Financial Services fell in the 4–8% range, indicating only modest losses compared to the strong performers.

Lastly, an interesting trend has emerged in the trading activity of top-performing broking stocks. While mutual funds have increased their stakes in companies such as IIFL Capital Services, Multi Commodity Exchange of India (MCX), 360 One WAM, and Share India Securities Ltd, foreign institutional investors (FIIs) have reduced their holdings in the same stocks during the September quarter. Over the past three months, a group of stock broking firms has delivered robust gains, outpacing the broader market. Sensex managed a modest 4% gain during the same period, while seven stock broking firms saw their prices surge between 10& and 45%.

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