Nazara Technologies Ltd Analyst Rating
based on 11 analysts
54.55%
Buy
9.09%
Hold
36.36%
Sell
Based on 11 analysts offering long term price targets for Nazara Technologies Ltd. An average target of ₹949.82
Source: S&P Global Market Intelligence
Nazara Technologies Ltd Share analysis
Nazara Technologies Ltd price forecast by 11 analysts
Downside of
High
₹1370
Target
₹949.82
Low
₹525
Nazara Technologies Ltd target price ₹949.82, a slight downside of -0.45% compared to current price of ₹904.6. According to 11 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
Nazara Technologies Ltd revenue growth forecast
Expected growth rate Q1, FY2026:58.49%
Forecast
Actual
Including amortisation and stock based compensations
Nazara Technologies Ltd EPS growth forecast
EPS estimate Q1, FY2026:143.30%
Forecast
Actual
Source: S&P Global Market Intelligence
Nazara Technologies Ltd Performance
Day's Low
Day's High
₹895.6₹967.9552 Week's Low
52 Week's High
₹591.5₹1,117
| Returns % | |
| 1 Month Return | + 3.25 % |
| 3 Month Return | + 2.12 % |
| 1 Year Return | + 9.63 % |
| Market Stats | |
| Previous Close | ₹954.15 |
| Open | ₹959.45 |
| Volume | 5.99L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹7,303.22Cr |
Nazara Technologies Ltd Key Statistics
| P/E Ratio | 114.41 |
| PEG Ratio | 106.92 |
| Market Cap | ₹7,303.22 Cr |
| P/B Ratio | 3.2 |
| EPS | 9.76 |
| Dividend Yield | 0 |
| Sector | Telecomm-Service |
| ROE | 0 |
Nazara Technologies Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| HOLD | ₹7,303.22 Cr | 3.97% | 0.50 | ₹74 Cr | ₹1,138 Cr | |
| NA | ₹15,922.90 Cr | 572.36% | 12.88 | NA | NA | |
| NA | ₹3,547.29 Cr | 0.66% | 0.50 | ₹99 Cr | ₹1,980 Cr | |
| NA | ₹3.10 Cr | 15.61% | 1.14 | -₹2 Cr | ₹9 Cr | |
| NA | ₹12.85 Cr | 14.42% | 0.51 | NA | NA |
Nazara Technologies Ltd Mutual Fund Holdings
About Nazara Technologies Ltd
Share Price: ₹904.60 per share as on 07 Oct, 2024 04:01 PM
Market Capitalisation: ₹7,303.22Cr as of today
Revenue: ₹250.08Cr as on June 2024 (Q2 24)
Net Profit: ₹23.62Cr as on June 2024 (Q2 24)
Listing date: 30 Mar, 2021
Chairperson Name: Vikash Mittersain
| Organisation | Nazara Technologies Ltd |
| Headquarters | Mumbai |
| Industry | Telecomm-Service |
| E-voting on shares | Click here to vote |
Key events for Nazara Technologies Ltd
Nazara Technologies Gains Interim Relief in GST Case - 07 Oct, 2024
Nazara Technologies' subsidiary, Openplay Technologies, received interim relief from the Calcutta High Court in a ₹845 crore GST dispute, halting further action without court approval. This legal development is expected to impact investor sentiment.
Nazara's Openplay Secures Interim Relief in Tax Case - 05 Oct, 2024
Nazara Technologies' subsidiary, Openplay Technologies, has been granted interim relief by the Calcutta High Court concerning a ₹845 crore GST liability, allowing time for legal proceedings.
Nazara Technologies Upgraded to BUY with New Target - 01 Oct, 2024
Prabhudas Lilladher upgrades Nazara Technologies to a BUY rating with a target price of Rs 1,185, citing the acquisition of PokerBaazi as a strategic move to enhance its position in the real money gaming sector. The acquisition is expected to be value accretive, with strong growth projections despite GST challenges.
Nazara Completes Major Investment in Moonshine Technology - 27 Sep, 2024
Nazara Technologies has finalized a Rs 150 crore investment in Moonshine Technology, the parent company of PokerBaazi, as part of a larger acquisition strategy. Despite this investment, Nazara's stock fell 1.1% on September 27, reflecting ongoing market concerns.
Nazara Technologies Raises Funds Amid Stock Volatility - 19 Sep, 2024
Nazara Technologies raised ₹900 crore through a preferential equity issue and increased its stake in Absolute Sports to 91%. Despite hitting a 52-week high, the stock faced profit booking, leading to a significant decline in share price.
Nazara Technologies Secures Rs 900 Crore Fundraise - 18 Sep, 2024
Nazara Technologies has approved a Rs 900 crore fundraise through a preferential equity issue to support strategic acquisitions and business expansion. The company also increased its stake in Absolute Sports to 91%, reinforcing its leadership in the sports media sector.
Nazara Technologies Expands with Moonshine Acquisition - 16 Sep, 2024
Nazara Technologies is set to acquire a 47.7% stake in Moonshine Technology for Rs 982 crore, enhancing its position in the gaming sector. Shares hit a new high, reflecting positive market sentiment.
Nazara Tech Board to Consider Fund Raising - 14 Sep, 2024
Nazara Technologies Ltd announced that its board will meet on September 18, 2024, to discuss raising funds through the issuance of equity shares or securities on a preferential basis, pending necessary approvals.
Nazara Technologies Acquires Stake in Moonshine Technology - 13 Sep, 2024
Nazara Technologies plans to invest ₹982 crore, acquiring a 47.7% stake in Moonshine Technology, parent of PokerBaazi, for ₹832 crore. This strategic move aims to strengthen Nazara's position in the gaming sector.
Nazara Technologies Acquires Stake in GetStan Technologies - 12 Sep, 2024
Nazara Technologies has acquired a 15.86% stake in GetStan Technologies for Rs 18.4 crore, boosting its position in the gaming and esports sector. The stock surged 5.5% following the announcement, reflecting positive market sentiment.
Nazara Technologies Acquires Majority Stake in Paper Boat - 09 Sep, 2024
Nazara Technologies has acquired a 48.42% stake in Paper Boat Apps for Rs 300 crore, with Rs 225 crore paid initially. This acquisition makes Paper Boat a wholly-owned subsidiary, enhancing Nazara's gaming and media portfolio.
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 57.32% to 67.13% in Jun 2024 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 2 quarters, 8.52 Cr → 22.63 Cr (in ₹), with an average increase of 62.4% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 14.83% to 15.04% in Jun 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, KPIT Technologies Ltd has given 398.7% return, outperforming this stock by 428.1%
- NO EFFECT
Against Peers
In the last 1 year, Newgen Software Technologies Ltd has given 191.2% return, outperforming this stock by 181.5%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 9.44% to 6.05% in Jun 2024 quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 16.43% to 10.05% in Jun 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 years, NAZARA stock has moved down by -29.4%
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 3 quarters, 338.78 Cr → 275.65 Cr (in ₹), with an average decrease of 9.8% per quarter
Nazara Technologies Ltd Financials
Index Inclusions
Nazara Technologies Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 10.05% | ||
| Foreign Institutions | 6.05% | ||
| Mutual Funds | 15.04% | 1.41 | |
| Retail Investors | 67.13% | 17.11 | |
| Others | 1.73% |
Nazara Technologies Ltd Key Indicators
Nazara Technologies Ltd Valuation
Nazara Technologies Ltd in the last 5 years
Lowest (56.01x)
June 30, 2021
Industry (-35.44x)
October 4, 2024
Today (114.41x)
October 4, 2024
Highest (820.62x)
March 30, 2021
Nazara Technologies Ltd Earnings and Dividends
Nazara Technologies Ltd Earnings Results
Nazara Technologies Ltd’s net profit jumped 16.05% since last year same period to ₹22.63Cr in the Q1 2024-2025. On a quarterly growth basis, Nazara Technologies Ltd has generated 165.61% jump in its net profits since last 3-months.
Read More about Earnings Results
Nazara Technologies Ltd Technicals Summary
Bearish
Neutral
Bullish
Nazara Technologies Ltd is currently in a Bearish trading position according to technical analysis indicators.
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Nazara Technologies Ltd (NAZARA) share price today is ₹904.6
Nazara Technologies Ltd is listed on NSE
Nazara Technologies Ltd is listed on BSE
- Today’s highest price of Nazara Technologies Ltd is ₹967.95.
- Today’s lowest price of Nazara Technologies Ltd is ₹895.6.
PE Ratio of Nazara Technologies Ltd is 114.41
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 5.99L.
Today’s market capitalisation of Nazara Technologies Ltd(NAZARA) is ₹7303.22Cr.
| Nazara Technologies Ltd(NAZARA | Price |
|---|---|
52 Week High | ₹1117 |
52 Week Low | ₹591.5 |
Nazara Technologies Ltd(NAZARA) share price is ₹904.6. It is down -19.02% from its 52 Week High price of ₹1117
Nazara Technologies Ltd(NAZARA) share price is ₹904.6. It is up 52.93% from its 52 Week Low price of ₹591.5
| Nazara Technologies Ltd(NAZARA | Returns |
|---|---|
1 Day Returns | -49.55% |
1 Month Returns | 3.25% |
3 Month Returns | 2.12% |
1 Year Returns | 9.63% |