Name: Latest research reports of Nazara Technologies Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Nazara Technologies Ltd.
Rating: 5
Author: ICICI Securities Limited

Nazara Technologies Ltd.

NSE: NAZARA | BSE: 543280 | ISIN: INE418L01021 | Industry: Internet Software & Services
| Expensive Performer

1008.1000 7.75 (0.77%)

NSE Apr 28, 2025 15:31 PM

70.43% Gain from 52W Low

Volume: 354.2K

High vol. this week

Nazara Technologies Ltd.

21 Mar 2023

1008.10

0.77%

Diversified play into Indian gaming ecosystem

Buy: Nazara Technologies Ltd.

ICICI Securities Limited

We initiate coverage on Nazara Technologies with BUY rating, given visibility of strong revenue growth in eSports and gradual profitability improvement in gamified early learning (GEL). The stock has corrected ~70% from its peak (of Rs1,601) and is now trading at its all-time low of Rs486.

Nazara Technologies .. has an average target of 1131.00 from 2 brokers.