Zaggle Prepaid Ocean Services Ltd is a fintech company that focuses on providing innovative payment solutions and reward programs. Established in 2011, the company offers prepaid cards, employee benefits, and gift card solutions, helping businesses manage expenses and reward their employees. Zaggle integrates technology with finance, offering customized payment platforms for various organizations. Zaggle Share Price on NSE as of 23 October 2024 is 426.50 INR. Here will provide you more details on Zaggle Share Price Target 2024, 2025, 2026 to 2030.
Zaggle Prepaid Ocean Services Ltd: Market Overview
- Open Price: ₹414.25
- High Price: ₹432.00
- Low Price: ₹401.10
- Previous Close: ₹414.25
- Volume: 198,305
- Value (Lacs): ₹843.79
- VWAP: ₹422.69
- UC Limit: ₹434.95
- LC Limit: ₹393.55
- P/E ratio: 71.65
- Div yield: N/A
- 52-wk high: ₹493.25
- 52-wk low: ₹187.45
- Mkt cap: ₹5.13KCr
- Face Value: ₹1
Zaggle Prepaid Ocean Services Ltd Competitors
Here are 5 competitor companies of Zaggle Prepaid Ocean Services Ltd, along with their market capital:
- Sodexo – Market Capital: Private Company
- A global leader in employee benefits and rewards solutions, offering meal vouchers, gift cards, and other prepaid services.
- Edenred – Market Capital: €13.57 billion (Approx. ₹1.2 lakh crore)
- A French company specializing in prepaid corporate services, including meal vouchers and employee benefit programs.
- NiYO Solutions – Market Capital: Private Company
- A fintech startup that provides solutions for payroll and expense management with prepaid cards and digital platforms.
- Zeta – Market Capital: Private Company (Valued at $1.5 billion)
- A digital banking and payments platform that offers solutions for employee benefits, rewards, and expense management.
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Happay (Acquired by CRED) – Market Capital: Private Company
- A leading provider of business expense management and prepaid card solutions for corporates.
Zaggle Share Price Chart
Zaggle Share Price Target Tomorrow 2024 To 2030
Zaggle Share Price Target Years | Share Price Target |
2024 | ₹462 |
2025 | ₹625 |
2026 | ₹837 |
2027 | ₹1055 |
2028 | ₹1316 |
2029 | ₹1533 |
2030 | ₹1745 |
Zaggle Share Price Target 2024
Zaggle share price target 2024 Expected target could be ₹462. Here are 3 key factors that could affect the growth of Zaggle’s share price target for 2024:
- Expansion in Fintech Services: Zaggle’s ability to innovate and expand its range of fintech services, such as prepaid cards, employee benefits, and corporate expense management, could attract more clients, leading to increased revenue and a positive impact on share price.
- Adoption of Digital Payments: As India continues to embrace digital payments and cashless transactions, Zaggle’s prepaid and digital payment solutions could benefit from a growing user base, boosting its market share and driving stock performance.
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Competition and Market Position: How effectively Zaggle competes with other established fintech players, such as Sodexo and Edenred, will be crucial. Strong differentiation and client acquisition strategies could help sustain growth, while intense competition may pose challenges.
Zaggle Share Price Target 2025
Zaggle share price target 2025 Expected target could be ₹625. Here are 3 key factors that could influence Zaggle’s share price target for 2025:
- Technological Advancements and Innovation: The adoption of emerging technologies such as AI and machine learning in Zaggle’s offerings can enhance user experience, improve operational efficiency, and strengthen its market position, potentially leading to higher revenue growth and a positive impact on share prices.
- Regulatory Changes: Changes in government regulations or policies around digital payments, fintech, or data privacy could either benefit or challenge Zaggle’s business model. Favorable regulations could create new growth opportunities, while restrictive policies might limit expansion.
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Strategic Partnerships and Acquisitions: Forming partnerships with banks, corporates, or payment platforms, or acquiring complementary businesses, could expand Zaggle’s product portfolio, increase its client base, and drive significant growth, positively influencing its stock price.
Zaggle Share Price Target 2030
Zaggle share price target 2030 Expected target could be ₹1745. Here are 3 key factors that could influence Zaggle’s share price target for 2030:
- Market Expansion and Global Reach: As Zaggle seeks to enter new markets and expand its services internationally, its ability to adapt to diverse consumer needs and regulatory environments will be crucial. Successful expansion could lead to significant revenue growth and increased market share.
- Sustainability and Social Responsibility Initiatives: A strong focus on sustainable practices and corporate social responsibility can enhance Zaggle’s brand reputation. As investors increasingly favor environmentally and socially responsible companies, this focus could attract more investment and drive share price appreciation.
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Competition and Industry Dynamics: The fintech and payment solutions sector is highly competitive, with constant innovations. How Zaggle positions itself against competitors, adapts to industry trends, and maintains its unique value proposition will significantly impact its growth trajectory and stock performance by 2030.
Zaggle Prepaid Ocean Services Ltd Shareholding Pattern
- Promoter: 43.93%
- FII: 5.95%
- DII: 7.34%
- Public: 42.78%
FOR MORE DETAIL FOLLOW THE OFFICIAL WEBSITE:Â http://www.zaggle.in/
Zaggle Prepaid Ocean Services Ltd Financials
(INR) | 2024 | Y/Y change |
Revenue | 7.76B | 40.14% |
Operating expense | 2.81B | 90.77% |
Net income | 440.20M | 92.22% |
Net profit margin | 5.68 | 37.20% |
Earnings per share | 4.06 | — |
EBITDA | 671.87M | 48.31% |
Effective tax rate | 26.36% | — |
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