For Eternal, the brokerage expects gross order value trends to improve during the quarter. In the food delivery business, November growth trends are likely to improve to 16% YoY, aided by steady user additions.
Last check on Tuesday, shares of Nazara Technologies were trading 0.65 per cent lower at Rs 251.40 on the BSE against the previous close of Rs 253.05 apiece.
Nazara faces risks, particularly regulatory challenges in real-money gaming, and a relatively small presence outside its flagship brand, Nodwin.
The company recently disclosed that three of its wholly-owned subsidiaries have executed loan agreements with Nazara Technologies UK Ltd, its UK-based arm, to meet business and corporate requirements.
Nazara Technologies stock gained 2.41% to Rs 1,404 on Wednesday after the announcement on BSE and NSE.
Shares of Nazara Technologies ended 1.73% higher at Rs 1086.45 on Wednesday against the previous close of Rs 1068.20. Market cap of the firm climbed to Rs 8317 crore on BSE.
Shares of Nazara Technologies ended 0.24% higher at Rs 965.45 on Wednesday against the previous close of Rs 963.10 on BSE.
Nazara Technologies stock rose 4.35% percent to Rs 987.95 on Thursday against the previous close on BSE.
Nazara Technologies shares fell 8.4 per cent to hit a low of Rs 845.65 on BSE. Rekha Jhunjhunwala held 65,18,620 shares, or 8.52 per cent stake, in Nazara Technologies at the end of June quarter.
The block trade will provide liquidity for the promoters who have dedicated 25 years to the company’s growth
In the latest episode of his podcast, WTF, which was centred around gaming industry in India, Kamath asked gaming platform Nazara Technologies founder Nitish Mittersain if he regretted the decision too





