Zaggle signs 3-year agreement with Daimler India Commercial Vehicles

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ZAGGLE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-0.4%Reaction day

₹203.82

prior close

₹206.00

announcement price

After-mkt

timing

Nifty Microcap 250market-1.3%+0.9% vs market

IT Enabled Services peers, median of 75sector-0.8%+0.4% vs sector

On the reaction day the stock moved 0.9 pts more than Nifty Microcap 250 and 0.4 pts more than its IT Enabled Services peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

+0.8

10m

+0.7

15m

+0.7

30m

+0.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-0.4-1.3+0.9-0.8+0.4

Next day

+2.1-0.8+3.0-0.6+2.7

+0.5-1.4+1.9-0.9+1.4

+0.7-0.3+1.0+0.1+0.5

+1.1+1.0+0.1+0.7+0.4

+0.2+1.5-1.3+0.8-0.7

+1.3+3.1-1.8+0.8+0.5

15d

-18.6+4.1-22.7-2.3-16.3

-6.5+4.8-11.3-1.1-5.3

-13.8+3.1-16.9-3.6-10.2

-20.9-3.6-17.3-7.2-13.7

UpDownMarket · Nifty Microcap 250Sector · IT Enabled Services peers, median of 75Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Zaggle has entered into a 3-year domestic agreement with Daimler India Commercial Vehicles (DICV) to provide its Zaggle Zatix and Corporate Credit Card Program to DICV's fleet partners. Commercial value is proportional to the number of fleet partners and drivers onboarded and their spend at DICV touchpoints, so the exact contract value is not disclosed at this stage.

Likely market impact

Positive new business win with a major CV maker, but order value is variable and undisclosed, limiting near-term revenue visibility.