Zaggle Prepaid Ocean Services Ltd Outperforms Sector and Sensex, Receives 'Buy' Call from MarketsMOJO

Zaggle Prepaid Ocean Services Ltd, a smallcap IT software company, has been making waves in the stock market with its recent performance. On May 22, 2024, the company's stock gained 7.03%, outperforming the sector by 6.67%. This positive movement has caught the attention of MarketsMOJO, who have given a 'Buy' call for the stock.

The stock's price summary for the day shows that it reached an intraday high of Rs 308.75, a 7.11% increase from the previous day's closing price. This is a significant jump and indicates a strong performance by the company.

In terms of moving averages, Zaggle Prepaid is currently trading higher than its 5 day, 20 day, 50 day, 100 day, and 200 day moving averages. This is a positive sign and shows that the stock is on an upward trend.

When compared to the Sensex, Zaggle Prepaid's performance has been impressive. On a 1 day basis, the stock has outperformed the Sensex by 7.37%, and on a 1 month basis, it has outperformed by 9.87%. This shows that the company is not only performing well in the short term, but also in the long term.

Zaggle Prepaid Ocean Services Ltd is a smallcap IT software company that has been gaining attention in the stock market. With its recent positive performance and a 'Buy' call from MarketsMOJO, the company is definitely one to watch out for.