Nazara Technologies is currently trading at Rs. 863.60, up by 10.25 points or 1.20% from its previous closing of Rs. 853.35 on the BSE.
The scrip opened at Rs. 853.55 and has touched a high and low of Rs. 879.00 and Rs. 847.85 respectively. So far 15160 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 4 has touched a 52 week high of Rs. 927.25 on 06-Sep-2023 and a 52 week low of Rs. 481.95 on 20-Mar-2023.
Last one week high and low of the scrip stood at Rs. 882.35 and Rs. 847.85 respectively. The current market cap of the company is Rs. 6322.49 crore.
The promoters holding in the company stood at 19.01%, while Institutions and Non-Institutions held 20.07% and 60.92% respectively.
Nazara Technologies’ material subsidiary -- Nodwin Gaming (Nodwin) has made further investments on December 29, 2023 in Nodwin Gaming International (Nodwin Singapore), a wholly owned subsidiary of Nodwin and a step down subsidiary of the Company, by subscription of 26,267 shares for an aggregate consideration of $4.9 million in cash.
Pursuant to the aforesaid subscription, Nodwin now holds 5,51,372 shares in aggregate and continues to hold 100% of share capital of Nodwin Singapore. The object of acquisition is to expand in the International markets.
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.
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