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The Economic Times
The Economic Times
Debaroti Adhikary

Vijay Kedia buys Rs 33 crore stake in Zaggle Prepaid Ocean Services via bulk deal, stock skyrockets 17%

Vijay Kedia Zaggle Prepaid Ocean Services Zaggle Ocean Kedia Securities Dice

Ace investor Vijay Kedia’s firm Kedia Securities bought 20 lakh shares of digital expense management and SaaS solutions firm Zaggle Prepaid Ocean Services worth Rs 33 crore via a bulk deal, sending the stock up 17% on Wednesday.

Kedia Securities bought 20 lakh shares of the company at an average price of Rs 164.72 apiece via a bulk deal on Tuesday, implying less than a 1% discount from the day’s closing price of Rs 165.88 apiece, according to data on NSE.

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