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Ashish Kacholia stock in focus after company receives order from Narayana Hrudayalaya

Prepaid services provider partners with a healthcare organization to enhance offerings, drive innovation, and ensure value delivery, emphasizing regulatory compliance and fostering synergies for mutual stakeholder and customer benefit.
Ashish Kacholia Stock Rises as Zaggle Secures Strategic Order from Narayana Hrudayalaya!

Introduction:

Leading prepaid services provider has entered into a strategic agreement with a prominent healthcare organization. This collaboration aims to enhance service offerings, drive innovation, and deliver value-added solutions while adhering to regulatory transparency and compliance standards.

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Share price movement of Zaggle Prepaid Ocean:

On December 19, 2024, Zaggle Prepaid Ocean Services Ltd opened at ₹539.95, down 3.82% from its previous close of ₹561.35. The stock reached a high of ₹551.00 (-1.85%) and a low of ₹533.30. By 2:51 PM, it traded at ₹533.30, a 5.00% decrease, with a market cap of ₹6,550.84 crore.

Zaggle Partners with Narayana Hrudayalaya:

Zaggle Prepaid Ocean Services Limited has announced a strategic agreement with Narayana Hrudayalaya Limited. The partnership aims to enhance Zaggle’s service offerings, aligning with its mission to deliver innovative financial solutions and value-added services to clients.

Zaggle’s partnership with Narayana Hrudayalaya is expected to leverage synergies between the companies, benefiting both stakeholders and customers. The filing emphasized compliance with SEBI’s latest circular dated November 11, 2024, ensuring transparency in its regulatory communication.

Recent news on Zaggle Prepaid Ocean:

As of November 27, 2024, Zaggle Prepaid Ocean Services shares hit a 5% upper circuit at ₹490.85 on the NSE after announcing a strategic agreement with Mastercard to promote Zaggle’s SaaS platform and payment products to corporate clients.

Ace investor holding in Zaggle Prepaid Ocean:

Ashish Kacholia

Renowned investor Ashish Kacholia holds a 2.37% stake in Zaggle Prepaid Ocean Services Ltd, owning 2,903,356 shares valued at ₹154.8 crore, showcasing his strategic interest in the company’s growth and market potential.

Ajay Kumar Aggarwal

Ajay Kumar Aggarwal holds a 1.15% stake in Zaggle Prepaid Ocean Services Ltd, owning 1,409,615 shares valued at ₹75.1 crore, reflecting his confidence in the company’s business model and future growth prospects.

Stock performance of Zaggle Prepaid Ocean for Period of 1 week, 6 months and 1 year:

Zaggle Prepaid Ocean Services Ltd has delivered remarkable returns, gaining 2.75% in one week, 91.5% over six months, and an impressive 155% over the past year, highlighting its strong market performance and growth trajectory.

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Shareholding pattern of Zaggle Prepaid Ocean:

All values in %Sep 2024Jun 2024Mar 2024
Promoter43.90%43.90%43.90%
FII6.10%6.00%11.70%
DII10.70%7.30%6.50%
Public39.30%42.80%37.90%

About Zaggle Prepaid Ocean:

Zaggle Prepaid Ocean Services Ltd (NSE: ZAGGLE), established in 2011, is a B2B2C Fintech SaaS leader in spend management. It offers diversified financial technology products, SaaS solutions, and prepaid cards through partnerships with leading banks in India.

Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time The securities quoted are exemplary and are not recommendatory.

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