Mitter Infotech has offloaded approximately 1.92 crore shares of Nazara Technologies, reducing its holding to 0.9%. This sale took place in the open market, resulting in a significant drop from an initial 6.1% stake.

The stocks of companies like Sheela Foam, Nazara, Pricol, and Saregama witnessed significant gains today, with Sheela Foam reporting a sevenfold increase in profit to INR 92 crores. Nazara saw an increase in traded equity by 16.4%. Saregama's EBITDA grew by 31%, contributing to a 0.57% rise in the Sensex.

Nazara records a significant profit increase to ₹46.96 crore, yet there's a 23.5% year-on-year drop in revenue, with a 2% decline quarter-over-quarter. The improved operating margins offer hope, but sustaining growth remains a concern, highlighting the importance of revenue stability moving forward.

Vodafone Idea experienced a significant surge, reaching a 52-week high with a 28% increase in May. The company's board will discuss fundraising options at their upcoming meeting on May 16th. On the other hand, Adani Power saw a 5% decline despite receiving approval from CCI for its GVK Energy acquisition. In contrast, Nazara Tech experienced a notable rise of 18%, driven by strong Q4 profits.

Nazara Tech experienced a substantial block trade, with approximately 5% of its shares being traded off-market.

Nazara Tech experienced a significant 18% surge in share price, possibly due to substantial block deals involving investors like Nikhil Kamath and Axana Estates. Notably, the company's founder, Nitish Mittersain, offloaded some shares. The company projects a robust growth of 15-20% for FY27, with margins forecasted to reach 25%.

Nazara Tech aims for global dominance in the gaming industry, demonstrating increased profitability and operational efficiency. Recent acquisitions like Bluetile and BestPlay are expected to boost casual gaming, AI, and user base (22 million monthly active users) by FY27, according to Jefferies who have set a target price of Rs 400 and maintain a 'Buy' rating.

Nazara Technologies aims for a 25% EBITDA margin by FY27, propelled by the Bluetile acquisition and AI integration, with expectations that Bluetile could double revenue and EBITDA in that year. Smaaash 2.0 and Funky Monkeys initiatives are slated to bolster offline growth.

Nazara Tech's Q4 net profit significantly increased to 557 million rupees compared to the previous quarter, demonstrating strong growth. However, a slight dip in revenue was observed, falling from 4.06 billion to 3.97 billion rupees during the same period.

Nazara Technologies reported a significant 45.4% increase in Q4 sales for FY26, reaching INR 18.4 crore. However, the company experienced a minor setback as quarterly net profit dipped by 3.2%, ending at INR 3.9 crore. Despite this, earnings per share (EPS) grew to INR 0.83.

Nazara Tech is planning to acquire Blue Tile in a move expected to significantly increase earnings before interest, taxes, depreciation, and amortization (EBITDA). The company anticipates that the successful integration could potentially double EBITDA by the financial year 2027.

Nazara Technologies aims to drive growth in the fiscal year 2026-2027 through strategic acquisitions of Bluetile and BestPlay, focusing on gaming, esports, and related services, signaling an expansion trend for the company.

Nazara Tech is set to capitalize on its non-gaming ventures, Sportskeeda and AdTech, by monetizing them between FY27 and FY28. This strategic move intends to maximize value beyond their core gaming operations.

Nazara Technologies reports a significant impairment loss of approximately 914.7 crore rupees for the fiscal year ending in 2026. Additionally, the company has made key changes, including appointing new directors and withdrawing the merger scheme with Paper Boat Apps.

Nazara Tech's FY26 revenue increased by 13%, reaching INR 1,829 crores, with a significant 66% jump in EBITDA to INR 255 crores. Notably, the EBITDA margin doubled in Q4FY26 to 19.5%, and gaming now accounts for 90% of the company's total EBITDA. This indicates a strong focus and growth in the gaming sector for Nazara Tech.

Nazara Tech reports a significant impairment loss of approximately 91 crores INR due to recent regulatory changes, with GST-related demands amounting to over 13 crores INR. Concurrently, the company announces changes in its board structure.

Nazara Technologies' Extraordinary General Meeting (EGM) held on May 1, 2026, saw overwhelming approval for two proposed resolutions. The votes indicate a strong support of over 99%, as per the results now available on Nazara's official website.

Nazara Technologies has announced an investor/analyst meeting scheduled for April 20, 2026, with Brightseeds Advisors. The gathering aims to discuss and review publicly available information about the company.

Nazara Technologies experienced a 1.6% increase according to the latest market update, suggesting positive sentiment towards the company's current performance. However, it is important to note that this update does not include any specific analysis or commentary, as indicated by the disclaimer.

Nazara Technologies plans to hold an Extraordinary General Meeting (EGM) on May 1, 2026, focusing on approving two key resolutions. The first proposal aims to expand the investment limit up to ₹5000 Crore, while the second involves the issuance of warrants worth ₹500 Crore. These decisions will be made via Video Conference/Online Annual General Meeting (VC/OAVM).

Nazara Technologies has moved its Extraordinary General Meeting (EGM) from March 30, 2026, to May 1, 2026. The original plans for the EGM have not been altered.

Nazara Technologies plans to raise INR 500 crore by issuing preferential warrants at INR 260/share, indicating a strong belief in growth. These funds will be used for potential acquisitions such as Bluetile and BestPlay, along with expanding AI-based gaming platforms and existing business ventures.