Urgent.News

One page, thousands of outlets. See who else covered it.

Editions

Finance & Markets

Stock Market LIVE: Sensex down 200 pts; Zaggle Prepaid shares jumps 26% from Tuesday lows

Sensex Today | Stock Market LIVE Updates Wednesday: In the broader markets, the Nifty MidCap and the Nifty SmallCap were trading 0.16 per cent and 0.06 per cent down, respectively

Stock Market LIVE: Sensex down 200 pts; Zaggle Prepaid shares jumps 26% from Tuesday lows

The Sensex was down 200 points. The Nifty MidCap and Nifty SmallCap were trading 0.16% and 0.06% down, respectively.

Shares of Zaggle Prepaid Ocean Services jumped after Kedia Securities bought 20 lakh shares worth Rs 33 crore via a bulk deal, according to The Economic Times. The stock rose 17% on Wednesday, after hitting a 52-week low of Rs 154 on Tuesday. It had previously reached a 52-week high of Rs 418 in August last year.

The Economic Times also reported that Zaggle Prepaid Ocean Services' net profit dropped more than 32% year-on-year to Rs 17.53 crore for the April-June quarter of FY27. The company's adjusted EBITDA margin declined to 8.2% in Q1 FY27 from 10.1% in the same quarter of FY26.

Brief written by urgent.news from Business Standard IN, The Economic Times - Top News, City AM — 3 reports on this story. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at business-standard.com →

More in Finance & Markets

Dangote Refinery IPO in Nigeria Gets US$1 Billion Backing

Advisers say Nigeria's Dangote Refinery has a US$1 billion underwriting programme behind its planned Lagos listing - US$600 million already funded and US$400 million promised for the IPO itself.

  • Dangote Refinery to list on Nigerian Exchange with $1 billion underwriting
  • IPO aims for $5 billion valuation, largest African share sale
  • Lekki Free Zone refinery operates at 650,000 barrels/day capacity

More from Wednesday 19 August →