India's Nazara Tech trims losses after report co may write down poker app stake
Aug 21 (Reuters) - ** Shares of Nazara Tech NAZA.NS trim losses, last down ~1% at 1,202 rupees
** Gaming co may write down poker app stake, Bloomberg News reports
** Stock fell as much as 11% before the report, taking it's 2-day slump to 21%
** Lower house of India's parliament passes bill banning online games involving money
** NAZA did not immediately respond to a Reuters request for comment
** NAZA holds 47.71% stake in PokerBaazi operator Moonshine technology
** YTD, NAZA up ~19%
(Reporting by Komal Salecha)
((Komal@thomsonreuters.com;))
Recent news on Nazara Technologies
See all newsBrief: Nazara Technologies Says Rakesh Shah To Resign As CFO Effective October 15, 2026
Brief: Nazara Technologies To Raise 7.34 Billion Rupees Via Preferential Issue At 306 Rupees Per Share
Brief: Nazara Technologies March-Quarter Consol Net Profit 469.6 Million Rupees
India's Nazara Technologies rises on fund-raiser plans
Brief: Nazara Technologies Says Board To Consider Fund Raising Via Preferential Issue Of Securities