Name: Latest research reports of Nazara Technologies Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Nazara Technologies Ltd.
Rating: 3
Author: ICICI Securities Limited

Nazara Technologies Ltd.

NSE: NAZARA | BSE: 543280 | ISIN: INE418L01047 | Industry: Internet Software & Services
| Momentum Trap

259.4500 -4.20 (-1.59%)

NSE Nov 21, 2025 15:31 PM

28.58% Fall from 52W High

Volume: 1.4M

Nazara Technologies Ltd.

14 Nov 2025

259.45

-1.59%

One-offs mar an already arduous quarter

Hold: Nazara Technologies Ltd.

ICICI Securities Limited

In Q2FY26, Nazara recognised an impairment of INR 9.2bn on its investment in Moonshine Technologies due to the regulatory ban on RMG. Nodwin was de-consolidated in Q2FY26.

ICICI Securities Limited released a Hold report for Nazara Technologies Ltd. with a price target of 275.0 on 14 Nov, 2025.