280.0000 1.00 (0.36%)
NSE Sep 26, 2025 15:31 PM
Volume: 1.7M
 

logo
Nazara Technologies Ltd.
27 May 2025, 12:00AM
280.00
0.36%
Prabhudas Lilladhar
We cut our PAT estimates by 15%/6% for FY26E/FY27E as we re-align our depreciation forecast & profitability assumptions for Nodwin and downgrade NAZARA to a HOLD (earlier BUY) with a revised TP of Rs1,241 amid 26% rise in stock price over the last 1 month. NAZARA reported an EBITDA margin of 9.8% (PLe 9.0%) while PAT was impacted by an impairment charge of Rs153mn pertaining to the erstwhile accessories business. We expect sales CAGR of 27.5% over next 2 years led by the recent acquisition of Curve Games with an...
Nazara Technologies Ltd. is trading above its 200 day SMA of 279.6
More from Nazara Technologies Ltd.
Recommended