Stay updated with the latest news and articles about Nazara Technologies.
The company has expanded into physical entertainment with a significant acquisition of a 60% stake in Funky Monkeys Play Centers Pvt. Ltd., an indoor soft play center operator for children. This investment, worth INR 43.7 Crores, will allow Nazara to tap into the growing market for family-oriented recreational centers.
The company will establish an AI Center of Excellence (AI CoE) focusing on advancements in gaming and digital entertainment.
Top stocks to watch today are HAL, Reliance Industries, Hero Motocorp, Nazara Technologies, HG Infra, besides others.
Companies set to report quarterly profits today include Tata Motors, Bajaj Auto, Dr Reddy's Laboratories, Cipla, Amara Raja Batteries, Ceat, DLF, Embassy Office Parks REIT, Equitas Holdings, Indraprastha Gas, Tata Elxsi, TeamLease Services, and Torrent Pharma.
Today's announcement of the results for the July-September quarter will put a spotlight on the stocks of Reliance Industries, Bajaj Finserv, Ambuja Cements, IDBI Bank, Hindustan Unilever, JSW Steel, and Hindustan Zinc.
According to analysts at Jefferies brokerage firm, 95% of the company’s value comes from its subsidiaries. On March 30, Nazara Technologies was listed on BSE.
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