Zaggle Prepaid Faces Trading Challenges Amid Declining Investor Participation and Market Sentiment

Mar 27 2025 10:01 AM IST
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Zaggle Prepaid Ocean Services Ltd faced notable trading activity as its stock reached the lower circuit limit, closing at Rs 329.00. The session saw a total volume of approximately 8.34 lakh shares and a turnover of around Rs 27.81 crore, amid declining investor participation and a bearish trend.
Zaggle Prepaid Ocean Services Ltd, a small-cap player in the IT software industry, experienced significant trading activity today as its stock hit the lower circuit limit. The last traded price (LTP) stood at Rs 329.00, reflecting a decline of Rs 14.95 or 4.35% from the previous close. The stock's performance was marked by a low price of Rs 326.75, which contributed to its circuit limit being reached.

During the trading session, Zaggle's total traded volume reached approximately 8.34 lakh shares, resulting in a turnover of around Rs 27.81 crore. The stock underperformed its sector by 0.53%, and it has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.

Investor participation has also seen a decline, with delivery volume dropping by 32.96% compared to the 5-day average. Despite a slight recovery after three consecutive days of decline, the overall market sentiment remains cautious. As of now, Zaggle Prepaid Ocean Services continues to navigate a challenging trading environment, reflecting broader market dynamics.
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