After Kamath brothers, Nazara to issue Rs 410 crore worth of shares to SBI MF

After Kamath brothers, Nazara to issue Rs 410 crore worth of shares to SBI MF

Diversified gaming and sports company Nazara Technologies on Thursday approved Rs 410 crore preferential issue of equity shares of face value of Rs 4 to SBI Mutual Fund. The company will issue over 57.42 lakh equity shares at a price of Rs 714 per equity on a private placement basis. The funds will be invested … Read more

Market Movers: A Big Bull bet is down in dumps and Diwali bash on realty counters

Market Movers: A Big Bull bet is down in dumps and Diwali bash on realty counters

MUMBAI: Nazara Technologies has been one of the standout stocks of the past 12 months. Since its listing earlier this year, it has been a multibagger. Backed by veteran investor Rakesh Jhunjhunwala, the gaming technology company had caught investors’ imagination over the past nine months. In recent weeks, though, the stock has been down in … Read more