Nazara Technologies is trading at Rs. 903.90, reflecting a rise of 2.90 points or 0.32% from its previous close of Rs. 901.00 on the BSE.

The stock opened at Rs. 919.95 and has seen a high of Rs. 926.85 and a low of Rs. 895.20 so far. A total of 6474 shares have been traded on the counter.

The BSE group 'A' stock, with a face value of Rs. 4, hit a 52-week high of Rs. 1035.00 on 02-Aug-2024 and a 52-week low of Rs. 590.85 on 27-May-2024. The scrip's weekly high and low stood at Rs. 1035.00 and Rs. 895.20, respectively. The company's market cap is currently Rs. 6912.86 crore.

Promoters hold 10.05% of the company, while institutional and non-institutional investors hold 22.81% and 67.13%, respectively.

Absolute Sports, a subsidiary of Nazara Technologies and the parent company of Sportskeeda.com, ProFootballNetwork.com, and SoapCentral.com, has entered into an agreement to acquire all assets of DeltiasGaming.com, a leading gaming and esports content provider in the US. The deal, worth $900,000 (Rs. 7.5 crore), will be paid in one or more installments and is expected to close within the next 45 days. Absolute Sports will finance the acquisition from its cash reserves.

This acquisition aims to strengthen Absolute Sports' presence in the US gaming and esports media sector. By leveraging Deltia's Gaming’s 1.5 million monthly readers and its established brand reputation, Absolute Sports plans to become a leading voice in the gaming media space. The deal also gives the group access to a substantial audience on YouTube and Twitch under the Deltia's Gaming brand.

Nazara Technologies is a prominent mobile games company focused on the acquisition, enhancement, and distribution of mobile games across emerging markets including India, the Middle East, Africa, Southeast Asia, and Latin America.