Big Bull Rakesh Jhunjhunwala-backed Nazara Technologies share price touches Rs 1800 - Know key stock details here
Rakesh Jhunjhunwala backed Nazara Technologies shares touched Rs 1800 today. The business model of the business is unique and is expected to attract many foreign investors. Huge flows could kick in this sector going forward. Management of the company is extremely focussed with good expertise and is confident about the future prospects of the company. Many analysts have recommended that this stock could do wonders in Investors Portfolio and they should take the opportunity to invest in this theme going forward
Rakesh Jhunjhunwala backed Nazara Technologies shares touched Rs 1800 today. The business model of the business is unique and is expected to attract many foreign investors. Huge flows could kick in this sector going forward. Management of the company is extremely focussed with good expertise and is confident about the future prospects of the company. Many analysts have recommended that this stock could do wonders in Investors Portfolio and they should take the opportunity to invest in this theme going forward.
Retail Investors were lapping on the opportunity to invest in Rakesh Jhunjhunwala backed company. The Big Bull holds 11% stake in the company and he is bullish on the future of the company.
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Nazara Technologies is a leading, India based, diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America.
Nazara is well diversified with some of the most recognizable IPs under its kitty, viz., Kiddopia in gamified early learning (39% of revenue), Nodwin & Sportskeeda in eSports (32%), WCC & CarromClash in simulation games (5%), and Halaplay Technologies in real money games (3%), while Telco Subscription forms 21% of revenue. It enjoys leadership in eSports with 80% market share and cricket simulation games where WCC is India’s most awarded mobile game. It’s capabilities of in-house content creation, game engine development, technology stack development and relationships with other participants in gaming, would help in further penetration and increase monetization.
Nazara Technologies is the leading India based diversified gaming and sports media platform with presence in India and across emerging and developed global markets such as Africa and North America, and offerings across the interactive gaming, eSports and gamified early learning ecosystems including World Cricket Championship (WCC) and CarromClash in mobile games, Kiddopia in gamified early learning, Nodwin and Sportskeeda in eSports and eSports media, and Halaplay and Qunami in skill-based, fantasy and trivia games.
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