Nazara Technologies is currently trading at Rs. 1788.40, up by 40.65 points or 2.33% from its previous closing of Rs. 1747.75 on the BSE.
The scrip opened at Rs. 1725.20 and has touched a high and low of Rs. 1788.40 and Rs. 1720.00 respectively. So far 909 shares were traded on the counter.
The BSE group ‘B’ stock of face value Rs. 4 has touched a 52 week high of Rs. 3354.40 on 11-Oct-2021 and a 52 week low of Rs. 1412.50 on 12-Apr-2021.
Last one week high and low of the scrip stood at Rs. 1799.60 and Rs. 1694.05 respectively. The current market cap of the company is Rs. 5701.37 crore.
The promoters holding in the company stood at 19.32%, while Institutions and Non-Institutions held 16.19% and 64.49% respectively.
Nazara Technologies has received approval for investment of upto Rs 30 crore in Next Wave Multimedia (Next Wave), subsidiary of the company.
The board of director at their meeting held on March 4, 2022 has approved the same.
Nazara Technologies is one of the leading mobile games company and it is engaged in acquisition of, value addition and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.