Nazara Applied sciences Inventory Value: On June 13, shares of gaming firm Nazara Applied sciences made their largest single-day soar of 21 weeks. The shares climbed 7.4 % to excessive for Rs 1340 on BSE. That is additionally a brand new 52 week excessive of the inventory. On the closure of the enterprise, the inventory gained about 6.5 % to settle at Rs 1327.85. It’s reported that there was a giant block deal within the firm. In accordance with CNBC-TV18, about 15.42 lakh shares have been bought and bought. This variety of shares is the same as the 1.77 % stake of Darsara Tech. The whole worth of the deal was Rs 190 crore. The transaction passed off at a mean value of Rs 1,227.50 per share. Earlier between June 2 and June 6, the spouse of the late veteran investor Rakesh Jhunjhunwala and the successor of his portfolio, Rekha Jhunjhunwala, bought 17.38 lakh shares of the corporate. These shares are equal to about 2 % of the view of the view. Now Rekha Jhunjhunwala’s stake within the view Tech has come down to five.07 %, earlier 7.05 %. In 3 months the shares of the view Tech had been 42 % strongly strongly strongly involved Khabarkesh Jhunjhunwala Darshaw. On the finish of the June 2022 quarter, his stake was greater than 10 %. In accordance with BSE information, within the final 3 months, the share of view take 42 %. The corporate had 8.78 % stake within the firm by the tip of March 2025. The corporate’s market cap is Rs 11600 crore. After the corporate’s March 2025 quarter outcomes, Brokerage Prabhudas Liladhar gave a goal value of Rs 1241 per share for the inventory and stored the score ‘maintain’. This goal has crossed. Nazara Applied sciences recorded a internet revenue of Rs 4 crore for the fourth quarter of the monetary 12 months 2025 i.e. January-March. That is a lot increased than the revenue of 18 lakh rupees a 12 months in the past. Consolidated income from operations was virtually doubled to Rs 520 crore. The income recorded within the March 2024 quarter is 95 % increased than Rs 266 crore. On June 12, the corporate introduced that its UK -based subsidiary has accomplished one hundred pc buy of Curve Digital Leisure (CDEL) for about 1.91 crore kilos (about Rs 223 crore). Trade submitting said, “With this buy, CDEL, NAZARA UK’s full-owned subsidiary and firm’s step-down subsidiary has turn out to be a subsidiary. Other than this, all-owned subsidiaries of CDEL Kuju Restricted, Curve Digital Publishing Restricted, Runner Duck Video games Restricted, Fidlastics Welfares Video games Restricted, Karva Video games Improvement Restricted, Ironok Video games Inc. It’s needed to say right here that the funding market available in the market is topic to dangers. All the time seek the advice of consultants earlier than investing cash as an investor. There’s by no means recommendation to anybody to take a position cash on behalf of Moneycontrol.
