Nazara Technologies Ltd (NAZARA)
₹638.15
Nazara Technologies Ltd share Performance
- ₹636.65₹651₹638.15
0.24%
Low
Day's Volatility:2.25%
High
2.01%
- ₹540.7₹989.4₹638.15
15.27%
Low
52 Weeks Volatility:70.31%
High
55.04%
| Returns % | |
| 1 Month Return | -3.39 % |
| 3 Month Return | -28.51 % |
| 1 Year Return | 19.62 % |
| Market Stats | |
| Previous Close | ₹650.85 |
| Open | ₹651.00 |
| Volume | 2.51L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹4,958.40Cr |
Analyst Rating
based on 11 analysts
Based on 11 analysts offering long term price targets for Nazara Technologies Ltd. An average target of ₹848.45
Source: S&P Global Market Intelligence
Company Information
Share Price: ₹638.15 per share as on 25 Apr, 2024 04:01 PM
Market Capitalisation: ₹4,958.40Cr as of today
Revenue: ₹320.40Cr as on December 2023 (Q4 23)
Net Profit: ₹29.52Cr as on December 2023 (Q4 23)
Listing date: 30 Mar, 2021
Chairperson Name: Vikash Mittersain
| Organisation | Nazara Technologies Ltd |
| Headquarters | Mumbai |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Key events for Nazara Technologies Ltd
Nazara Technologies Ltd Up 1.66% on NSE - 24 Apr, 2024
As of 12:49 IST, Nazara Technologies Ltd is up 1.66% on the NSE and has seen a 20.7% increase in the last year compared to a 26.35% jump in NIFTY and a 12.84% jump in the Nifty Media index. The stock's PE ratio based on TTM earnings ending December 23 is 0.
Nazara Technologies Expected to Report 63.1% YoY Increase in Net Profit - 12 Apr, 2024
Prabhudas Lilladher expects Nazara Technologies to report a net profit of Rs. 26.9 crore, up 63.1% YoY and 48.3% QoQ. However, net sales are expected to decrease by 1.1% YoY to Rs. 311.5 crore. EBITDA is likely to rise by 49.1% YoY to Rs. 45.5 crore.
Nazara Subsidiary Acquires Rights to Ultimate Teen Patti - 05 Apr, 2024
Next Wave Multimedia, a subsidiary of Nazara Technologies, is set to acquire the intellectual property rights of Ultimate Teen Patti from Games24x7 for Rs 10 crore. The free casual card game does not offer real money to players.
Nazara Technologies' Subsidiary Expands Gaming Business - 04 Apr, 2024
Nextwave Multimedia, a subsidiary of Nazara Technologies, is acquiring intellectual property rights related to UTP - Ultimate Teen Patti from U Games. The move will help expand its casual freemium gaming business.
Nazara Aims to Scale Game Development Division Revenue - 02 Apr, 2024
Nazara Technologies plans to increase its game development division's annual revenue from ₹350 crore in FY23 to ₹1,000 crore by the end of FY25 through M&A activity, leveraging an ₹850 crore fund.
Fundamentals of Nazara Technologies Ltd
Insights on Nazara Technologies Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRetail Holding Up
Retail Investor have increased holdings from 56.48% to 57.47% in Mar 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 4 quarters, 2.57 Cr → 25.77 Cr (in ₹), with an average increase of 37.2% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 14.12% to 14.84% in Mar 2024 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 3 quarters, 266.17 Cr → 338.78 Cr (in ₹), with an average increase of 11.3% per quarter
NO EFFECTAgainst Peers
In the last 3 years, KPIT Technologies Ltd has given 591.3% return, outperforming this stock by 614.4%
- NO EFFECT
Against Peers
In the last 1 year, Oracle Financial Services Software Ltd has given 115.2% return, outperforming this stock by 95.6%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 10.46% to 9.56% in Mar 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 17.16% to 16.43% in Mar 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, NAZARA stock has moved down by -28.5%
Nazara Technologies Ltd Valuation
Nazara Technologies Ltd in the last 5 years
Lowest (56.01x)
June 30, 2021
Industry (33.45x)
April 24, 2024
Today (68.58x)
April 24, 2024
Highest (820.62x)
March 30, 2021
Mutual Fund Holdings
| Funds | Holdings |
 SBI Multicap Fund Direct Growth | 1.24% |
| SBI Magnum Global Fund Direct Growth | 1.77% |
| SBI Technology Opportunities Fund Direct Growth | 2.27% |
 Nippon India Small Cap Fund - Direct Plan - Growth Plan | 0.15% |
 ICICI Prudential Flexicap Fund Direct Growth | 0.45% |
Shareholding Pattern
| Investors | Holdings % | Prev. 1 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 16.43% | 0.00 | |
| Foreign Institutions | 9.56% | 0.00 | |
| Mutual Funds | 14.84% | 0.00 | |
| Retail Investors | 57.47% | 0.00 | |
| Others | 1.7% | 0.00 |
Technicals of Nazara Technologies Ltd share
News & Events of Nazara Technologies Ltd
Frequently Asked Questions
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Nazara Technologies Ltd (NAZARA) share price today is ₹638.15
Nazara Technologies Ltd is listed on NSE
Nazara Technologies Ltd is listed on BSE
- Today’s highest price of Nazara Technologies Ltd is ₹651.
- Today’s lowest price of Nazara Technologies Ltd is ₹636.65.
PE Ratio of Nazara Technologies Ltd is 68.58
PE ratio = Nazara Technologies Ltd Market price per share / Nazara Technologies Ltd Earnings per share
Today’s traded volume of Nazara Technologies Ltd(NAZARA) is 2.51L.
Today’s market capitalisation of Nazara Technologies Ltd(NAZARA) is ₹4958.4Cr.
| Nazara Technologies Ltd(NAZARA | Price |
|---|---|
52 Week High | ₹989.4 |
52 Week Low | ₹540.7 |
Nazara Technologies Ltd(NAZARA) share price is ₹638.15. It is down -35.50% from its 52 Week High price of ₹989.4
Nazara Technologies Ltd(NAZARA) share price is ₹638.15. It is up 18.02% from its 52 Week Low price of ₹540.7
| Nazara Technologies Ltd(NAZARA | Returns |
|---|---|
1 Day Returns | -12.7% |
1 Month Returns | -3.39% |
3 Month Returns | -28.51% |
1 Year Returns | 19.62% |