Nazara Technologies zooms on acquiring stake in Rusk Media
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Nazara Technologies is currently trading at Rs. 2795.00, up by 93.25 points or 3.45% from its previous closing of Rs. 2701.75 on the BSE.
The scrip opened at Rs. 2729.90 and has touched a high and low of Rs. 2809.00 and Rs. 2720.00 respectively. So far 4091 shares were traded on the counter.
The BSE group 'T ' stock of face value Rs. 4 has touched a 52 week high of Rs. 3354.40 on 11-Oct-2021 and a 52 week low of Rs. 1412.50 on 12-Apr-2021.
Last one week high and low of the scrip stood at Rs. 2890.00 and Rs. 2501.05 respectively. The current market cap of the company is Rs. 8408.64 crore.
The promoters holding in the company stood at 20.70%, while Institutions and Non-Institutions held 12.51% and 66.79% respectively.
Nazara Technologies has acquired 1,601 equity shares of Rs 10 each in Rusk Media and paid the consideration of Rs 2.01 crore to the respective sellers for the same. Post acquisition of aforesaid equity shares, the company is now holding 5.54% of the issued and paid up share capital in Rusk Media.
Nazara Technologies is one of the leading mobile games company and it is engaged in acquisition of, value addition to and distribution, of mobile games across emerging markets such as India, Middle East, Africa, South East Asia and Latin America.
