Nazara Technologies Ltd rose for a third straight session today. The stock is quoting at Rs 928.35, up 1.79% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 23553.1. The Sensex is at 77510.02, down 0.09%. Nazara Technologies Ltd has added around 3.17% in last one month. Meanwhile, Nifty Media index of which Nazara Technologies Ltd is a constituent, has added around 3.5% in last one month and is currently quoting at 1924.4, down 0.49% on the day. The volume in the stock stood at 2.71 lakh shares today, compared to the daily average of 3.72 lakh shares in last one month.The PE of the stock is 0 based on TTM earnings ending June 24.Powered by Capital Market - Live

Profit before tax (PBT) rose 2.4% YoY to Rs 21.75 crore during the quarter. EBITDA fell 9.8% to Rs 25.2 crore in Q2 FY25 as compared with Rs 27.9 crore posted in corresponding quarter last year. EBITDA margin stood at 7.9% in Q2 FY25 as against 9.4% in Q2 FY24. The company's segment revenue from gaming business stood at Rs 114.05 crore (up 9.34% YoY), revenue from eSports business was at Rs 181.76 crore, (up 5.66% YoY), while Ad tech segment revenue stood at Rs 24.13 crore (up 7.1% YoY) during the period under review. Meanwhile, the company's board has approved the merger of Paperboat Apps with itself. Paperboat is an indie studio engaged in designing, developing and publishing world class edutainment apps for kids. Paperboat are the makers of Kiddopia ' India's largest subscription based edutainment app for early learners Kiddopia, offers interactive games and activities that foster cognitive development, selfexpression and also social-emotional learning in early age Kids. As on 30 September 2024, the company's total income stood at Rs 97.85 core. The proposed amalgamation of Paperboat Apps with NazaraTech is expected to create greater efficiency due to the consolidation of operations, pooling and more effective utilisation of the combined resources of the said companies, reduction in overheads, costs and expenses, economies of scale, elimination of duplication of work and rationalization and reduction of compliance requirements. The merger could strengthen the brand value of both companies by combining their reputations and unique selling propositions, leading to better market recognition and customer trust. Nazara Technologies is India's leading gaming and esports company, owning popular brands like NODWIN Gaming, Sportskeeda, Kiddopia, Animal Jam, World Cricket Championship, and Datawrkz. The company operates in India, the US, and other global markets, offering a diverse range of products and services, including esports, early learning games, casual games, and ad tech solutions.Powered by Capital Market - Live

Net profit of Nazara Technologies rose 10.85% to Rs 21.97 crore in the quarter ended September 2024 as against Rs 19.82 crore during the previous quarter ended September 2023. Sales rose 7.30% to Rs 318.94 crore in the quarter ended September 2024 as against Rs 297.24 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales318.94297.24 7 OPM %7.508.98 - PBDT47.4936.32 31 PBT21.7521.24 2 NP21.9719.82 11 Powered by Capital Market - Live

gCommerce is an in-game monetization platform designed to address low in-app purchase conversion rates and poor advertising yields for Indian game developers. By integrating e-commerce within games, Nazara and ONDC aim to provide developers with new, scalable revenue streams. Game developers can earn a commission on transactions initiated by players through the gCommerce platform, leveraging an affiliate revenue-sharing model. The platform is currently in soft launch and will be rolled out to developers starting in Q1FY26. ONDC, an initiative of the Indian government, seeks to revolutionize digital commerce by creating an open, unbundled, and interoperable network. It aims to facilitate the penetration of retail e-commerce in India. Nazara Technologies is India's leading gaming and esports company, owning popular brands like NODWIN Gaming, Sportskeeda, Kiddopia, Animal Jam, World Cricket Championship, and Datawrkz. The company operates in India, the US, and other global markets, offering a diverse range of products and services, including esports, early learning games, casual games, and ad tech solutions. Nazara's consolidated net profit (from continuing operations) increased 13.23% to Rs 23.62 crore in Q1 FY25 from Rs 20.86 crore reported in Q4 FY23. Revenue from operations stood at Rs 250.08 crore in Q1 FY25, down 1.71% from Rs 254.43 crore reported in the same period a year ago. Powered by Capital Market - Live

Nazara Technologies and Open Network for Digital Commerce (ONDC) announced their integration to launch gCommerce - an innovative in-game monetization platform that seamlessly integrates e-commerce within games. The integration aims to address a persistent challenge for Indian game developers: low inapp purchase (IAP) conversion rates and poor yields from advertising. Through gCommerce, Nazara and ONDC Network are reimagining game monetization by leveraging India's thriving e-commerce landscape and providing developers with new, scalable revenue streams. This strategic integration will allow game developers to monetize through an affiliate revenue-sharing model, earning a commission on every successful transaction initiated by players through the gCommerce platform. The gCommerce platform is currently in soft launch and will be rolled out to game developers starting Q1, FY26. Powered by Capital Market - Live

Nazara Technologies will hold a meeting of the Board of Directors of the Company on 14 November 2024Powered by Capital Market - Live

Nazara Technologies Ltd dropped for a fifth straight session today. The stock is quoting at Rs 973.4, down 0.71% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.2% on the day, quoting at 25865.55. The Sensex is at 84467.06, down 1.29%.Nazara Technologies Ltd has added around 5.99% in last one month.Meanwhile, Nifty Media index of which Nazara Technologies Ltd is a constituent, has increased around 1.14% in last one month and is currently quoting at 2114.8, up 0.17% on the day. The volume in the stock stood at 3.01 lakh shares today, compared to the daily average of 16.1 lakh shares in last one month.The PE of the stock is 0 based on TTM earnings ending June 24.Powered by Capital Market - Live

Securitiesin F&O ban : Aarti Industries, Balrampur Chini Mills, Biocon, Birla soft, Gujarat National Fertilisers and Chemicals (GNFC), Granules India, LIC Housing Finance, Oracle Financial Services, Punjab National Bank (PNB), and RBL Bank. Stocks to watch: Nazara Technologies raised up to Rs 900 crore via preferential issue of shares at an issue price set at Rs 954.27 per share. Meanwhile, the company will acquire an additional 19.35% stake in Absolute Sports (Sportskeeda) for Rs 145.5 crore. With this, the company now holds a 91% ownership stake in Abosulte Sports (Sportskeeda). BL Kashyap & Sons secured a new order worth Rs 221 crore from SSS Realty & Co. for construction work in Bangalore. The total order book as of date stands at Rs 3,546 crore. Garden Reach Shipbuilders & Engineers received an additional $54 million contract from Germany's Carsten Rehder for 4 Multi-purpose vessels. Aditya Birla Capital received no objection from RBI for the proposed amalgamation of Aditya Birla Finance with itself, it will create a large unified operating NBFC. Nippon Life India's board approved the appointment of Parag Joglekar as CFO with effect from 19 September 2024. ION Exchange received Rs 161 crore order from Adani Power for a water and environment management solution. The projects are expected to be completed within 18 months from the award date. Macrotech Developers has executed securities purchase agreement (SPAs) with Ivanhoe Warehousing India for the acquisition of its shareholding in the Digital Infastructure platform entities, Bellissimo Digital Infrastructure Development Management, Palava Induslogic 4, and Bellissimo In City FC Mumbai 1'for Rs 239.56 crore. Post-acquisition, the company's stake in these entities would increase to 70%, 66.67%, and 66.67%, respectively. PowerGrid Corporation of India has received a Letter of Intent for the project, which includes establishing a new 765/400/220 kV substation at Kurawar, along with 765 kV & 400 kV D/C transmission lines and associated bays extension works at other existing substations in Madhya Pradesh.Powered by Capital Market - Live

Nazara Technologies has acquired an additional 19.35% stake in Absolute Sports, the parent company of Sportskeeda, for Rs 145.5 crore, with 50% of the consideration paid in cash and the remaining amount in stock. With this, Nazara now holds a 91% ownership stake in Absolute Sports, solidifying its leadership position in the sports media domain. Sportskeeda, Absolute Sports' flagship brand, reaches millions ofsports fans globally each month, with significant traction in India and the U.S., where it ranks among the top sports platforms. In addition, Absolute Sports has recently expanded by acquiring Pro Football Network (PFN), SoapCentral, and Deltia's Gaming, further diversifying its sports and entertainment portfolio. Powered by Capital Market - Live

Nazara Technologies announced its largest fund raise to boost its growth trajectory. The company's board has approved a preferential equity issue to raise Rs 900 crore, subject to shareholder and regulatory approvals. This capital infusion will fuel strategic acquisitions, fund business expansion, and enhance the company's ability to seize new growth opportunities. The preferential equity issue amounting to Rs 900 crore will be placed with marquee investors such as SBI Mutual Fund, Junomoneta Finsol (an associate of Plutus Wealth), Think Investments, Discovery Investments, Mithun and Siddharth Sacheti, Cohesion Investments, Chartered Finance and Leasing, Ratnabali Investments and Aamara Capital, further strengthening Nazara's financial foundation for long-term expansion. These shares will be subject to SEBI regulations and lock-in requirements as per Chapter V of the SEBI (Issue of Capital and Disclosure Requirements) Regulations 2018.Powered by Capital Market - Live