Zaggle Prepaid Ocean Services Limited (NSE: ZAGGLE) saw a 3% surge in its stock price after announcing a key agreement with Tech Mahindra Limited. Under this contract, Tech Mahindra will utilize Zaggle’s Spend Management Dashboard “Zatix” to enhance visibility over its Corporate and Purchase Card expenditures, issued in partnership with SBI Cards.
This domestic contract, known as the Zatix Service Agreement, will be executed over a one-year period. The collaboration is expected to streamline expense management for Tech Mahindra, reinforcing Zaggle’s position as a leader in spend management solutions.
Zaggle Prepaid shares opened at ₹368.00 today, reaching a high of ₹377.40 and a low of ₹367.00. The stock has seen significant movement over the past year, with a 52-week high of ₹591.90 and a low of ₹234.50.
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