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The Economic Times
The Economic Times
Business
Rounak Khare

Zaggle Prepaid shares jump 3% , extend 3-day rally to 16%. What's driving the rally?

Zaggle Prepaid Ocean Services shares extended their rally for the third straight session on Thursday, rising over 3% to Rs 191.95 and taking their three-day gains to 16%. The stock has been in focus after Vijay Kedia-backed Kedia Securities bought 20 lakh shares worth nearly Rs 33 crore through a bulk deal on Tuesday.

According to NSE bulk-deal data, Kedia Securities acquired the shares at an average price of Rs 164.72 apiece, about 0.7% below Zaggle’s Tuesday closing price of Rs 165.88.

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