Vijay Kedia's Kedia Securities acquires stake in AI-led SaaS fintech Zaggle Prepaid, stock surges more than 17% on NSE
New Delhi, Aug. 19 -- Famed investor Vijay Kedia-owned Kedia Securities has bought 20 lakh shares of an AI-led SaaS fintech Zaggle Prepaid Ocean Services via a bulk deal on the NSE on Tuesday, 18 August. Following this, the stock surged more than 17% on the NSE on Wednesday, 19 August.
On Wednesday, Zaggle Prepaid Ocean Services' share price opened at Rs.187.40 against its previous close of Rs.165.88 and jumped as much as 17.4% to an intraday high of Rs.194.70. In the previous session, the stock ended 3.36% higher.
As per bulk deal data on the NSE, Kedia Securities picked 20,00,000 shares of Zaggle Prepaid at an average price of Rs.164.72 per share, aggregating to nearly Rs.33 crore, via a bulk deal on the NSE on Tuesday.
Kedia Securit...
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