India's Nazara Technologies rises after unit's deal

Nazara Technologies

30/10/2024 09:22

** Shares of gaming and sports media platform Nazara
Technologies  NAZA.NS  rise as much as 3.5% to 950 rupees
    ** NAZA's unit Datawrkz has acquired a 100% stake in Space &
Time, a marketing agency with offices across the UK, for about
4.8 mln pounds ($6.3 mln)
    ** Deal to advance Datawrkz's growth across Europe and North
America in global digital advertising market
    ** Stock on track for third straight session of gains, if
trend holds
    ** Avg rating of nine analysts equivalent of "hold", median
PT is 900 rupees - LSEG data
    ** Stock up 9.4% YTD

($1 = 0.7683 pounds)

 (Reporting by Ashish Chandra in Bengaluru)
 ((ashish.chandra@thomsonreuters.com (+91 7982114624))