** Shares of Angel One ANGO.NS fall as much as 6% to 2,300 rupees in early trade, lowest since Aug. 9
** Stock top loser on Nifty smallcap index .NIFSMCP100, which is up 0.49%
** Investment banking and brokerage services provider posts 8% Y/Y rise in Q3 profit, its slowest profit growth since listing in 2020
** Says it faced tighter regulations in equity derivative sector, which raised entry barrier and made it more costly to trade in the asset class
** Avg rating of seven analysts is a "buy"; median PT is 3,600 rupees - LSEG data
** Stock fell about 16% in 2024 vs an around 24% gain in smallcap index
($1 = 86.5150 Indian rupees)
(Reporting by Ashna Teresa Britto in Bengaluru)
((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))