Nazara Technologies is currently trading at Rs. 943.35, up by 7.40 points or 0.79% from its previous closing of Rs. 935.95 on the BSE.
The scrip opened at Rs. 939.55 and has touched a high and low of Rs. 954.40 and Rs. 939.55 respectively. So far 4500 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 4 has touched a 52 week high of Rs. 1124.15 on 19-Sep-2024 and a 52 week low of Rs. 590.85 on 27-May-2024.
Last one week high and low of the scrip stood at Rs. 949.50 and Rs. 835.30 respectively. The current market cap of the company is Rs. 7163.91 crore.
The promoters holding in the company stood at 10.05%, while Institutions and Non-Institutions held 21.91% and 68.04% respectively.
Nazara Technologies’ subsidiary -- Datawrkz has acquired a 100% stake in Space & Time, an independent growth marketing agency with offices across the UK for around GBP 4.8 million (around Rs 52.3 crore) in cash and stock. This acquisition is a key move in advancing Datawrkz’s growth ambitions across Europe and North America, positioning it as a scaled player in the global digital advertising market.
The collaboration brings together Space & Time's expertise in growth marketing, media, and technology with Datawrkz’s strengths in programmatic advertising technology and optimization. This partnership will enable both companies to deliver more impactful digital advertising solutions and drive further expansion, especially in the European and UK markets.
Additionally, Space & Time will gain access to Datawrkz’s cutting-edge technology and products, enhancing their ability to deliver effective campaigns and capitalize on growth opportunities in Europe and North America.
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.
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