Zaggle Prepaid Ocean Services Ltd Share Price – NSE  / BSE

IT - Software, Small Cap

The key equity benchmarks traded near flat line in early trade ahead of the RBI?s monetary policy announcement. The Nifty traded above the 26,000 level. Besides the RBI outcome, traders are tracking ongoing IPO activity, crude oil trends and global cues. Market participants are also looking ahead to the US Personal Consumption Expenditure data scheduled for release on Friday, which could influence Fed policy.

Consumer durables, media and oil & gas declined while IT, auto and realty shares advanced.

At 09:25 IST, the barometer index, the S&P BSE Sensex declined 11.29 points or 0.01% to 85,254.03. The Nifty 50 index rose 6.35 points or 0.02% to 26,040.10.

In the broader market, the S&P BSE Mid-Cap index rose 0.31% and the S&P BSE Small-Cap index added 0.36%.

The market breadth was negative. On the BSE, 1,345 shares rose and 1,470 shares fell. A total of 181 shares were unchanged.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,944.19 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 3,661.05 crore in the Indian equity market on 4 December 2025, provisional data showed.

Numbers to Track:

The yield on India's 10-year benchmark federal paper declined 0.06% to 6.527 compared with previous session close of 6.531.

In the foreign exchange market, the rupee edged higher against the dollar. The partially convertible rupee was hovering at 89.8100 compared with its close of 89.8950 during the previous trading session.

MCX Gold futures for 5 February 2025 settlement fell 0.15% to Rs 129,850.

The US Dollar Index (DXY), which tracks the greenback's value against a basket of currencies, was down 0.03% to 99.03.

The United States 10-year bond yield declined 0.44% to 4.091.

In the commodities market, Brent crude for January 2025 settlement fell 10 cents or 0.16% to $63.16 a barrel.

Stocks in Spotlight:

Zaggle Prepaid Ocean Services shed 0.27%. The company board has approved the acquisition of a 100% stake in Rivpe Technology for consideration of up to Rs 22 crore. The company will purchase 81,429 equity shares and 16,407 compulsory convertible preference shares.

Aditya Birla Sun Life AMC dropped 0.47%^. The company incorporated wholly owned subsidiary, Aditya Birla Sun Life AMC International (IFSC) in GIFT City, Gandhinagar, Gujarat.

Deepak Nitrite gained 1.38% after the company?s wholly owned subsidiary, Deepak Chem Tech has commenced the manufacturing operations at its Nitric Acid Plant, Gujarat on 4 December 2025. The total capital expenditure incurred for the same is approximately Rs 515 crore as of the date of commencement of manufacturing operations.

Global Markets:

Asian indices traded mixed on Friday, taking cues from Wall Street?s largely flat finish as traders weighed growing expectations of a Federal Reserve rate cut.

US equities ended largely unchanged overnight, supported by firm bets that the Fed will ease policy next week while investors await a key inflation reading. The Dow Jones Industrial Average slipped 0.07%, the S&P 500 rose 0.11% and the NASDAQ Composite added 0.22%.

The probability of a 25-basis-point cut at the Fed's December 9-10 meeting has risen, with futures now pricing in about an 87% chance.

Fresh labour data added to the uncertainty. Weekly jobless claims fell sharply by 27,000 to a seasonally adjusted 191,000, the lowest since September 2022, though holiday-related distortions may have amplified the decline. Earlier in the week, ADP reported a 32,000 drop in private-sector payrolls, the steepest fall in more than two and a half years. Challenger, Gray & Christmas noted that announced job cuts dropped sharply in November, although hiring plans remained subdued.

These indicators arrive against the backdrop of an unprecedented 43-day government shutdown that postponed the Bureau of Labor Statistics? official jobs report, now expected only after the Fed's policy decision.

In corporate news, Hewlett Packard Enterprise shares fell 9% in after-hours trade after the company missed fourth-quarter revenue expectations, reporting $9.68 billion against the consensus estimate of $9.94 billion.

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Securities in F&O Ban:

Sammaan Capital and Bandhan Bank shares are banned from F&O on 5 December 2025.

Stocks to Watch:

Zaggle Prepaid Ocean Services' board has approved the acquisition of a 100% stake in Rivpe Technology for consideration of up to Rs 22 crore. The company will purchase 81,429 equity shares and 16,407 compulsory convertible preference shares.

Aditya Birla Sun Life AMC incorporated wholly owned subsidiary, Aditya Birla Sun Life AMC International (IFSC) in GIFT City, Gandhinagar, Gujarat.

Deepak Nitrite?s wholly owned subsidiary, Deepak Chem Tech has commenced the manufacturing operations at its Nitric Acid Plant, Gujarat on 4 December 2025. The total capital expenditure incurred for the same is approximately Rs 515 crore as of the date of commencement of manufacturing operations.

Diamond Power Infrastructure has received letter of intent from Adani Green Energy for Supply of 33KV HV Cables 2126 kms and 3.3KV Solar MV Cables 3539 Kms for Khavda and Rajasthan Project worth Rs 747.64 crore.

RailTel Corporation of India has received order worth Rs 63.92 crore from Central Public Works Department for design and implementation of ICT network.

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The board of Zaggle Prepaid Ocean Services at its meeting held on 04 December 2025 has approved acquisition of 81,429 equity shares and 16,407 compulsory convertible preference shares for consideration upto Rs. 22 crore from the existing shareholders of Rivpe Technology (Rivpe) representing 100% of issued and paid-up capital of Rivpe on a fully diluted basis. The board also approved investment of Rs 75 crore in one or more tranches, in Rivpe.

Rivpe is a fintech company with offerings including UPI payments along with co-branded consumer credit cards.

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The agreement is to be executed within 36 months.

Zaggle Prepaid Ocean Services (Zaggle) is a leading player in spend management, with a differentiated value proposition and diversified user base. The company operates in the business-to-business-to-customer segment. It is one of the largest numbers of issued prepaid cards in India in partnership with its banking partners. Additionally, the company has a diversified portfolio of software as a service (SaaS) products, including tax and payroll software, and a wide touchpoint reach.

The company?s standalone net profit surged 79.1% to Rs 33.24 crore on a 42.4% rise in revenue from operations to Rs 430.98 crore in Q2 FY26 over Q2 FY25.

Shares of Zaggle Prepaid Ocean Services fell 1.38% to Rs 380 on the BSE.

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