India's Zaggle Prepaid extends gains after upbeat Q1 earnings

Zaggle Prepaid Ocean Services

31/07/2024 06:07

** Shares of India's Zaggle Prepaid Ocean Services  ZAGG.NS 
up 2.4% at 344 rupees 
    ** The fintech firm rose as much as 5.2% earlier in the
session, set to extend gains for the sixth straight session 
    ** ZAGG reported Q1 consol profit at 167.3 mln rupees ($2
mln) vs 20.6 mln rupees yr ago, rev more than doubled 
    ** Trading vols ~2x 30-day avg 
    ** YTD stock has surged ~54% 


($1 = 83.7225 Indian rupees)

 (Reporting by Hritam Mukherjee in Bengaluru)
 ((Hritam.Mukherjee@thomsonreuters.com;))