Nazara Technologies Ltd

(NAZARA)

Nazara Technologies Faces Challenges but Maintains Buy Rating - 19 Nov, 2024

Nazara Technologies reported muted operational performance with an EBITDA margin of 7.9%. Despite challenges, a target price of Rs 1,182 is maintained, anticipating a 19.6% CAGR over two years due to strategic acquisitions and improved margins.

Nazara Technologies Faces Mixed Q2 Results Impact - 18 Nov, 2024

Nazara Technologies reported a 7.3% revenue increase but a significant 47.56% drop in net profit for Q2 FY25. Shares fell 1.39% due to operational challenges despite overall growth.

Nazara Technologies Reports Mixed Q2 Results - 17 Nov, 2024

Nazara Technologies' Q2 results show a 10.85% profit increase and 7.3% revenue growth. However, operational income declines raise concerns about efficiency. Analysts recommend a Hold.

Nazara Technologies Reports Q2 Decline and Merger Plans - 16 Nov, 2024

Nazara Technologies reported a 47.56% drop in Q2 PAT to Rs 11.80 crore despite a 7.3% revenue increase. The board approved the merger with Paperboat Apps, aiming for operational efficiency and enhanced brand value.

Nazara Technologies Reports Q2 Profit Decline - 15 Nov, 2024

Nazara Technologies experienced a 33% drop in Q2 FY25 net profit to Rs 16 crore, despite a 7% increase in operating revenue. The company also announced significant investments in gaming startups and a merger with Paperboat Apps to enhance its gaming portfolio.

Nazara Technologies Launches gCommerce with ONDC - 13 Nov, 2024

Nazara Technologies has partnered with ONDC to launch gCommerce, an innovative in-game monetisation platform aimed at boosting revenue for game developers through e-commerce integration.

Nazara Technologies Expands Game Publishing Division - 07 Nov, 2024

Nazara Technologies launched Nazara Publishing, aiming to release up to 20 games across various platforms in 18 months, investing Rs 1 crore per game. They also partnered with nCore for the FAU-G: Domination game.

Nazara Technologies Acquires UK Agency Space & Time - 31 Oct, 2024

Nazara Technologies' subsidiary, Datawrkz, has acquired UK-based Space & Time for ₹52.3 crore. This acquisition aims to enhance Datawrkz's presence in European and North American markets, leveraging Space & Time's marketing expertise.

Nazara Technologies Expands with UK Agency Acquisition - 30 Oct, 2024

Nazara Technologies' subsidiary Datawrkz has acquired a majority stake in UK-based marketing agency Space & Time for around USD 6.2 million. This strategic move is expected to enhance Datawrkz's growth in Europe and North America, leading to a 4% rise in Nazara's stock price.

Nazara Technologies Sees Investment Amid Market Fluctuations - 22 Oct, 2024

Kamath Associates and NK Squared invested ₹100 crore in Nazara Tech at ₹714 per share. Despite initial share price drops due to GST changes, the company's diversified gaming portfolio and recent acquisitions, including Comic Con India, support its growth trajectory.