IGI Logo

Nazara Technologies is currently trading at Rs. 644.25, up by 13.55 points or 2.15% from its previous closing of Rs. 630.70 on the BSE.

The scrip opened at Rs. 637.50 and has touched a high and low of Rs. 647.35 and Rs. 637.50 respectively. So far 531 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 4 has touched a 52 week high of Rs. 1677.20 on 11-Oct-2021 and a 52 week low of Rs. 484.00 on 22-Jun-2022.

Last one week high and low of the scrip stood at Rs. 662.85 and Rs. 621.75 respectively. The current market cap of the company is Rs. 4147.14 crore.

The promoters holding in the company stood at 19.20%, while Institutions and Non-Institutions held 15.65% and 65.15% respectively.

Nazara Technologies is planning to acquire leading U.S. children’s interactive entertainment company WildWorks. Nazara will acquire 100% of the company and its IP from existing shareholders in an all-cash transaction.

WildWorks describes its Animal Jam game as an online playground for kids who love animals and the natural world. Available on iOS and Android mobile devices in addition to Mac and PC computers, the game features world building and multiplayer games in a closely moderated social play space and offers a wealth of free STEAM-oriented educational content that players can access in the app and through the AJ Academy website. Following the Nazara acquisition, WildWorks plans to localize the existing Animal Jam apps for new territories and develop new apps and interactive experiences with the brand.

Nazara Technologies is one of the leading mobile games company and it is engaged in acquisition of, value addition and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.