Stock Market Shock: Zaggle Prepaid Ocean Services Crashes 20% to Lower Circuit After Q1 Profit Dip

The trading session on Monday, August 17, 2026, brought significant turbulence for investors of Zaggle Prepaid Ocean Services. The stock witnessed a sharp sell-off, crashing by 20% to hit the lower circuit at ₹160.45, as market sentiment turned bearish following the release of the company's first-quarter financial results for FY 2027. Investors reacted negatively to the significant erosion in bottom-line profitability, leading to heavy liquidation on the bourses.Q1 Financials: Profit Slump Despite Revenue GrowthZaggle Prepaid’s financial performance for the June quarter highlighted a stark contrast between top-line expansion and bottom-line stability.