Zaggle Shares Plunge 10% In Morning Trade

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SUMMARY

Shares of Zaggle plunged almost 10% to INR 424.30 apiece during the intraday trading session on the BSE today, compared to its previous close of INR 471.40 per share

The fall dragged its market capitalisation to INR 5,694.33 Cr ($647.8 Mn), where the stock has lost about INR 528 Cr in a week’s time

Zaggle also reported its net profit jumped 30% to INR 19.74 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 15.22 Cr, a year ago

Shares of listed fintech SaaS major Zaggle plunged almost 10% to INR…



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Zaggle Shares Plunge 10% In Morning Trade


SUMMARY

Shares of Zaggle plunged almost 10% to INR 424.30 apiece during the intraday trading session on the BSE today, compared to its previous close of INR 471.40 per share

The fall dragged its market capitalisation to INR 5,694.33 Cr ($647.8 Mn), where the stock has lost about INR 528 Cr in a week’s time

Zaggle also reported its net profit jumped 30% to INR 19.74 Cr in the third quarter of the fiscal year 2024-25 (Q3 FY25) from INR 15.22 Cr, a year ago

Shares of listed fintech SaaS major Zaggle plunged almost 10% to INR…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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