Introduction:
IT stock has signed a domestic agreement to provide an employee expense management and benefits solution. This deal strengthens its presence in corporate financial solutions, enhancing efficiency and reinforcing its commitment to delivering innovative digital financial services for business growth.
Share Price movement of Zaggle Prepaid Ocean Services:
On March 7, 2025, Zaggle Prepaid Ocean Services Ltd opened at ₹371.00, reaching a high of ₹373.90, up 0.43% from its previous close of ₹369.65, and a low of ₹362.10. The stock is currently trading at ₹371.25, with a market cap of ₹4,982.37 crore.
Zaggle Prepaid Ocean Services new agreement:
Zaggle Prepaid Ocean Services Limited has entered into an agreement with Omega Healthcare Management Services Private Limited to provide Zaggle Save, an employee expense management and benefits solution. This customer service agreement is domestic and aims to enhance financial management efficiency for Omega Healthcare.
The contract will be executed from March 6, 2025, and will remain active until terminated per mutually agreed terms. This collaboration strengthens Zaggle’s position in the corporate financial solutions sector, offering innovative and streamlined expense management services to Omega Healthcare’s workforce.
This agreement does not involve promoter interests or related party transactions. It marks a strategic step for Zaggle in expanding its corporate partnerships, reinforcing its commitment to delivering effective digital financial solutions tailored to businesses’ evolving needs.
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Recent news About Zaggle Prepaid Ocean Services:
On February 24, 2025, Zaggle Prepaid Ocean Services Limited partnered with Gujarat International Finance Tec-City Company Limited (GIFTCL) to provide CoBrand Pre-Paid Citizen Cards and Visitor Management solutions under a five-year domestic contract, reinforcing its expertise in fintech and enterprise solutions.
Ace investor holding of Zaggle Prepaid Ocean Services:
Ashish Kacholia holds a 2.16% stake in Zaggle Prepaid Ocean Services Ltd., owning 2,903,356 shares valued at ₹106.8 crore. His investment highlights confidence in the fintech sector. However, his holdings saw a slight decrease of 0.21% from the previous quarter.
Ajay Kumar Aggarwal holds 1,349,615 shares of Zaggle Prepaid Ocean Services, representing 1.01% of the company. The investment is valued at ₹47.6 crore, showing a slight decrease of ₹0.14 crore from the previous quarter, reflecting ongoing confidence in the company’s future growth.
Stock performance of Zaggle Prepaid Ocean Services for Period of 1 week, 6 months and 1 year:
Zaggle Prepaid Ocean Services stock gained 6.50% over one week, reflecting strong short-term momentum. Over six months, it saw a 3.97% rise, indicating steady growth. Over one year, the stock delivered a 10.3% return, showcasing consistent performance and investor confidence in its business.
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Shareholding pattern of Zaggle Prepaid Ocean Services:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoter | 40.09 | 43.88 | 43.93 |
| FII | 9.17 | 6.14 | 5.95 |
| DII | 14.56 | 10.69 | 7.34 |
| Retail & others | 36.17 | 39.27 | 42.78 |
About Zaggle Prepaid Ocean Services:
Zaggle Prepaid Ocean Services Ltd (NSE: ZAGGLE) specializes in providing innovative digital payment solutions, including co-branded prepaid cards and visitor management systems. The company focuses on enhancing customer experiences for large-scale entities, offering tailored services to improve operational efficiency and streamline payment processes.
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.
