LIVE: Zaggle Prepaid Ocean Services Inks Pact With EasyMyTrip Planners

Описание: Shares of Zaggle Prepaid Ocean Services surged 18 percent to Rs 299 on Tuesday, hitting an all-time high, after the company announced it has entered into an agreement with EasyMyTrip Planners Limited for three years.
In the December quarter, Zaggle's profit zoomed 919.5 percent year-on-year to Rs 15.22 crore, on the back of a decrease in finance cost after prepayment of debts. The company clocked its highest quarterly revenue to date at Rs 199.51 crore, driven by revenue contribution from Zoyer–its software platform.

The stock price of the Hyderabad-based fintech company has nearly doubled from its IPO and listing price of Rs 164 per share. The company made a debut on the exchanges on September 22, 2023. Since listing, the shares have gained around 88 percent. The company's current market capitalisation is around Rs 3,590 crore, Moneycontrol data showed.
Catch Nickey Mirchandani in conversation with company’s co-pomoter, MD & CEO-Avinash Godkhindi live on Moneycontrol.


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