Ashish Kacholia-backed smallcap stock surges 20% in 2 days, hits 52-week high; here’s why

Shares of smallcap firm Zaggle Prepaid Ocean Services, supported by ace investor Ashish Kacholia, surged 20% over the past two trading sessions on the BSE, reaching a 52-week high of Rs 420. This rally followed the company’s announcement of a new partnership with HDFC Ergo General Insurance Company.