NSE: NAZARA | BSE: 543280

Momentum Trap

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259.45 -4.20 (-1.59%)

28.58% Fall from 52W High

1.5M NSE+BSE Volume

NSE 21 Nov, 2025 3:31 PM (IST)

9,611.7

Market Cap

High in industry

0.5

Beta 1Year

Very Low volatility

Nazara Technologies Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for NAZARA, BSE:543280 Nazara Technologies Ltd.

Nazara Technologies Ltd.

24 Aug 2023, 12:00AM

259.45

-1.59%

Technical View

Buy: Nazara Technologies Ltd.

StoxBox - BP Wealth

The pattern analysis on the weekly timeframe shows that the price action has entered into its stage 2 following a brief consolidation phase. The lateral trend following a 71% decline is a potential sign of accumulation and an indication that the drawdowns were finally arrested.

Nazara Technologies .. has an average target of 275.00 from 2 brokers.

Nazara Technologies Ltd.

31 Jul 2023

259.45

-1.59%

NAZARA TECHNOLOGIES

Buy: Nazara Technologies Ltd.

Target

Prabhudas Lilladhar

Promoters initiated pledges of 55.94% of holdings in Sep 2025 qtr.

Nazara Technologies Ltd.

30 Jul 2023

259.45

-1.59%

Muted Q1 due to multiple one-offs; set-up for strong recovery from Q2

Buy: Nazara Technologies Ltd.

Target

ICICI Securities Limited

Nazara Technologies’ Q1FY24 revenue was below estimates due to 1) deferment of key eSports launches to H2CY23 and 2) decline in Adtech’s growth due to client rationalisation. However, EBITDA margin expansion (+340 bps QoQ) materialised in Q1FY24 broadly in line with our estimates.

Nazara Technologies .. has an average target of 275.00 from 2 brokers.

Nazara Technologies Ltd.

10 May 2023

259.45

-1.59%

Strong quarter; underlying KPIs improving

Buy: Nazara Technologies Ltd.

ICICI Securities Limited

Nazara Technologies’ Q4FY23 revenue was in line, but earnings beat our estimates as eSports EBITDA margin rose sharply (~430bps YoY). Also, Kiddopia’s EBITDA margin expanded ~680bps QoQ led by US$1.4 sequential decline in cost per trial. Number of Kiddopia subscribers grew marginally QoQ.

Nazara Technologies Ltd. is trading below all available SMAs

Nazara Technologies Ltd.

21 Mar 2023

259.45

-1.59%

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 Ltd. is trading below all available SMAs

Nazara Technologies Ltd.

01 Sep 2022

259.45

-1.59%

NAZARA TECHNOLOGIES

Buy: Nazara Technologies Ltd.

Target

Prabhudas Lilladhar

Promoters initiated pledges of 55.94% of holdings in Sep 2025 qtr.

Nazara Technologies Ltd.

01 Aug 2022

259.45

-1.59%

NAZARA TECHNOLOGIES

Buy: Nazara Technologies Ltd.

Prabhudas Lilladhar

Nazara Technologies Ltd. is trading below all available SMAs

Nazara Technologies Ltd.

24 Jun 2022, 12:00AM

259.45

-1.59%

NAZARA TECHNOLOGIES

Buy: Nazara Technologies Ltd.

Prabhudas Lilladhar

Nazara Technologies Ltd. is trading below all available SMAs

Nazara Technologies Ltd.

16 May 2022

259.45

-1.59%

NAZARA TECHNOLOGIES

Buy: Nazara Technologies Ltd.

Target

Prabhudas Lilladhar

Number of FII/FPI investors decreased from 129 to 117 in Sep 2025 qtr

Nazara Technologies Ltd.

14 Feb 2022

259.45

-1.59%

NAZARA TECHNOLOGIES

Buy: Nazara Technologies Ltd.

Target

Prabhudas Lilladhar

challenging task in near term. While policy enactment has also resulted in elevation of CPT to US$33-34, acquisition of Datawrkz (an ad-tech company) can help optimize CAC and enhance yields, going ahead. Though Kiddopia is facing growth headwinds, E-Sports is expected to grow at 39.4% CAGR over FY22-FY24 backed by consolidation of OML. Further, revenue in RMG segment is also expected to rise by 2.4x over next 2-years post-acquisition of OpenPlay. Overall, we expect revenue revenue/EBITDA CAGR of 32%/28% over FY22-24E and the growth story remains intact despite near term...

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

VOTE: Is Nazara Technologies Ltd. worth buying?

130 Votes:

Buy 71.54%

Sell 19.23%

Hold 9.23%

RESEARCH REPORTS

Hold SEE REPORTS >

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Hold SEE REPORTS >

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