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Zaggle Prepaid Ocean Services is currently trading at Rs. 218.45, up by 11.85 points or 5.74% from its previous closing of Rs. 206.60 on the BSE.

The scrip opened at Rs. 210.00 and has touched a high and low of Rs. 221.00 and Rs. 210.00 respectively. So far 11431 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 247.70 on 13-Oct-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. 221.00 and Rs. 194.25 respectively. The current market cap of the company is Rs. 2522.52 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 (Zaggle) has entered into a co-brand agreement with Kotak Mahindra Bank. Through this strategic collaboration, corporates will have access to a unified offering comprising a suite of financial products, including Kotak's payroll banking services, such as salary accounts and co-branded prepaid cards, seamlessly integrated with Zaggle's market-leading SaaS solutions, specifically designed for employee flexi-benefits (Zaggle SAVE) and travel and expense management (Zaggle EMS). 

This integration will enable working professionals to boost their incomes by up to 7% through flexible benefits designed to facilitate tax savings, giving complete visibility and greater control over their pay, flexi-benefits, advances, reimbursements, and spending, accessible through a single mobile app.

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.