India's Nazara Technologies up on Q2 profit surge

Nazara Technologies

09/11/2023 04:31

** Shares of Nazara Technologies  NAZA.NS  rise 3.93% to
864.6 rupees after co's profit surges
    ** Diversified gaming and sports media platform on Wednesday
reported an over twofold jump in Q2 net profit
    ** Growth backed by strong revenue from eSports and gaming
segments, co said
    ** More than 276,000 shares change hands by 09:55 a.m. IST,
~1x its 30-day avg
    ** Avg rating of 9 analysts covering the stock is "buy;
median PT is 823 rupees - LSEG data
    ** Stock currently up 1.6%, bumping YTD gains to ~45%

 (Reporting by Ashna Teresa Britto in Bengaluru)
 ((AshnaTeresa.Britto@thomsonreuters.com ; ( +91 8078332441))