20-02-2024 03:30 PM | Source: Accord Fintech
Zaggle Prepaid Ocean Services zooms on inking pact with Easy Trip Planners

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Zaggle Prepaid Ocean Services is currently trading at Rs. 290.05, up by 36.20 points or 14.26% from its previous closing of Rs. 253.85 on the BSE.

The scrip opened at Rs. 269.60 and has touched a high and low of Rs. 298.80 and Rs. 267.65 respectively. So far 742110 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 1 has touched a 52 week high of Rs. 298.80 on 20-Feb-2024 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. 298.80 and Rs. 235.30 respectively. The current market cap of the company is Rs. 3602.82 crore.

The promoters holding in the company stood at 44.07%, while Institutions and Non-Institutions held 19.59% and 36.34% respectively.

Zaggle Prepaid Ocean Services (Zaggle) has entered into an agreement with Easy Trip Planners (EaseMyTrip). Zaggle and EaseMyTrip will leverage its Existing Corporate base to sell Integrated Travel & Expense Management Solutions to Corporate Clients.

Earlier, the company had entered into a Vendor agreement with Quess Corp. Broad consideration or size of the order is Rs 10 crore per annum.

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