18 Jan 2024

Zaggle Prepaid Ocean Services rises on getting order worth Rs 200 crore

Zaggle Prepaid Ocean Services is currently trading at Rs.212.60, up by 3.90 points or 1.87% from its previous closing of Rs. 208.70 on the BSE.

The scrip opened at Rs. 213.00 and has touched a high and low of Rs. 215.35 and Rs. 207.50 respectively. So far 34443 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 266.40 on 22-Nov-2023 and a 52 week low of Rs. 155.60 on 22-Sep-2023.

Last one week high and low of the scrip stood at Rs. 230.10 and Rs. 207.50 respectively. The current market cap of the company is Rs. 2543.89 crore.

The promoters holding in the company stood at 44.07%, while Institutions and Non-Institutions held 24.14% and 31.79% respectively.

Zaggle Prepaid Ocean Services has received order worth Rs 200 crore (Gross transaction volume estimated) from Torrent Gas. The company has received order for Implementing Close Loop Fleet Program. The order is to be executed within 2 years.

Zaggle Prepaid Ocean Services operates in a segment where it interacts and interface with it Customers (i.e., businesses) and end Users (i.e., employees) and is among a small number of uniquely positioned players with a diversified offering of fintech products and services.