Page 3 - Nazara Technologies

CLSA expects this Jhunjhuwala-backed gaming company stock to crash 41%

In its latest report, CLSA retained a SELL rating on Nazara Technologies, India's first listed gaming company, on revenue miss in June quarter and pricey valuations

Nazara Technologies posts Rs 13.6-crore net profit for June quarter

Gaming firm Nazara Technologies on Friday posted a net profit of Rs 13.6 crore for the June 2021 quarter.

CLSA puts sell rating on Rakesh Jhunjhunwala-backed Nazara; stock tanks 12%

CLSA initiated coverage on Nazara Tech with a Sell rating and target price of Rs 1,095, citing hefty premium valuation

Nazara Tech to acquire majority stake in Publishme for Rs 20 crore

Nazara Technologies said it will acquire 69.82 per cent stake in Publishme, the largest mobile game publishing agency in the Middle East and Turkey, for about Rs 20 crore

Nazara Technologies clocks 84% jump in FY'21 revenue at Rs 454.2 cr

This was driven by strong growth momentum in segments like gamified learning and e-sports.

Nazara Technologies advances 19% after falling 29% in two days

The company had made a stellar debut on the bourses on Tuesday as the shares listed at Rs 1,990, an 81 per cent premium over its issue price

Nazara hits lower limit after surging 84% on debut, stock ends 45% up

Market players said the spate of recent weak listings forced high networth individuals (HNIs) to take gains at the table

Top headlines: Mistry reacts to SC ruling; Covid situation getting 'worse'

Business Standard brings you top news of the evening

Bulls ride on IT, metal stocks to drive Sensex 1,128 pts higher at 50,136

The Sensex index settled above the 50,000-mark for the first time since March 23

Nazara Technologies lists at 81% premium; analysts advise booking profit

Analysts believe that given Nazara Technologies' stock has surged nearly 100 per cent over the issue price, investors can partially book profit and can add more at a later stage once it corrects

Stocks to watch: Nazara Tech, DRL, Adani Transmission, JSW Steel, Biocon

Pharma major Dr Reddy's Laboratories (DRL) expects the Russian coronavirus vaccine Sputnik V to get approval from the Indian regulator in the next few weeks, a company official has said

Nazara Tech, Suryoday IPOs oversubscribed as listing boom continues

Six issues closed this week; Barbeque Nation could hit the market next

Entrants' rally fizzles out: IPOs listed since Sept down 20% from peak

Shares of Antony Waste, Mrs Bectors Food, Chemcon Speciality and Burger King are down about 40 per cent each

Kalyan Jewellers' IPO sees muted demand; Nazara gets overbooked

Analysts said Kalyan's weak performance in the previous three financial years coupled with slowdown in the economy weighed on investor sentiment

Laxmi Organic IPO bought 107 times; Nazara Technologies opens strong

The institutional investor portion of the IPO was subscribed 175 times

Nazara Technologies IPO subscribed 4 times on first day of subscription

Nazara Technologies on Tuesday mopped up a little over Rs 261 crore from anchor investors

Bears rule D-St for 4th day; Sensex tanks 562 pts in broad-based sell-off

All the sectoral indices ended the day in the red with the Nifty Realty, Metal, and PSU Bank indices dropping up to 3 per cent

Delta Corp hits 14-month high, surges 36% so far in March

Ace investor Rakesh Jhunjhunwala (4.31 per cent) and his wife Rekha Jhunjhunwala (3.19 per cent) collectively held a 7.5 per cent stake in Delta Corp at the end of December quarter

Suryoday SFB IPO elicits mixed reaction from analysts; here's why

Analysts covering the Suryoday SFB IPO share mixed views and are split between high valuations and good return ratios

Analysts game for Rakesh Jhunjhunwala-backed Nazara Technologies

Nazara Technologies is an Indian gaming and sports media platform. It's Rs 583 crore-IPO will run through March 17-19 and will be entirely an offer for sale (OFS)