The latest quarterly report paints a picture of soaring success for Zaggle, with a record-breaking surge in revenue and a staggering 919.5 per cent year-on-year jump in profit after tax in Q3FY24. Notably, the renowned investor Ashish Kacholia has shown considerable confidence in the company, holding a substantial stake of 2.21 per cent.

A pivotal catalyst for the stock in the short term is the imminent inauguration of a new facility in Pakhajan, Dahej, boasting a capacity of 17,500 MT. Strategically focused on the production of Lubricant and rubber chemicals, Phase 1 is anticipated to yield revenue ranging between Rs 550-600 crore