India, Aug. 19 -- Shares of Zaggle Prepaid Ocean Services surged 12.15% on the BSE today after veteran investor Vijay Kedia's broking company Kedia Securities acquired a 1.48% stake in the fintech SaaS company.

Kedia Securities bought 20 Lakh shares for around Rs.32.94 Cr through a bulk deal yesterday. The shares were purchased at Rs.164.72 apiece.

Following this, Zaggle shares zoomed nearly 18% to touch an intraday high at Rs.195.70 today.

The bulk deal came after Zaggle shares faced heavy selling earlier this week following the disclosure of its financial results for the June quarter of the financial year 2026-27 (Q1 FY27) after market hours on August 14 (Friday). The stock slumped 20% on August 17 (Monday).

The company also informe...