Zaggle Prepaid Ocean Services is trading at RS. 349.40, rising by 24.55 points or 7.56% from its previous close of RS. 324.85 on the BSE.
The stock opened at RS. 330.55 and has hit a high of RS. 350.85 and a low of RS. 326.90 during the session. A total of 28,313 shares have been traded so far.
Classified under BSE group 'B', the stock with a face value of RS. 1 has recorded a 52-week high of RS. 597.00 on December 17, 2024, and a 52-week low of RS. 235.00 on June 4, 2024. Over the past week, it has moved between RS. 355.00 and RS. 313.65. The company's current market capitalization stands at RS. 4686.45 crore.
Promoters hold 44.21% stake in the company, while institutional investors and non-institutions own 19.98% and 35.81%, respectively.
Zaggle has recently entered into a strategic partnership with Grant Thornton Bharat LLP, under which Grant Thornton will offer Zaggle’s Spend Management platform to its corporate and large enterprise clients.
Earlier, Zaggle had signed a similar agreement with Aster DM Healthcare to provide its ‘Zaggle Save’ solution, which manages employee expenses and benefits.
Operating in a niche fintech space, Zaggle Prepaid Ocean Services caters to businesses and end users, positioning itself among a select group of firms offering a broad range of fintech products and services.