Nazara Technologies Ltd

Bluetile operates a diversified portfolio of globally popular casual, social mobile games including titles such as Yatzy, Domino Legends, Mahjong Voyage and Spade Stars. BestPlay, its in-house rewarded engagement platform acts as a built-in player acquisition, retention and cross-promotion engine across its game portfolio. Together, this combination of content and distribution, supported by continuous optimization and live operations, enables Bluetile to operate a scalable and resilient gaming platform across global markets. For the twelve months ended December 2025 (CY25), Bluetile and BestPlay on a combined basis reported revenue of $153.6 million (Rs 1,405 crore) and EBITDA of $27.7 million (Rs 254 crore). The acquisition will help establish a scalable platform for AI-enabled game development, distribution and publishing across Nazara's global gaming portfolio. Nazara UK will initially acquire a 50% controlling equity stake in both Bluetile and BestPlay. Of the total cash consideration of $100.3 million (Rs 918 crore), an amount of $59.7 million (Rs 546 crore) is payable at first close, while the remaining $40.6 million (Rs 372 crore) will be paid within 6 months of initial closing. Under the agreement, Nazara holds a call option while sellers hold a corresponding put option, to acquire or sell the remaining 50% stake by 2028 at a valuation based on 6.6x trailing calendar year EBITDA. In addition, the transaction includes performance-linked earn-outs, with a most probable payout estimated at $ 98.2 million (around Rs 898 crore), contingent on achievement of agreed revenue and EBITDA targets for CY2027'2029 and payable annually from 2028 to 2030. This structure aligns consideration with future performance while significantly de-risking the acquisition for Nazara. A substantial portion of the future contingent consideration is expected to be funded through Bluetile and BestPlay's operating cash flows and distributions, with up to 25% of each instalment payable, at Nazara's discretion, in listed equity. Nazara is India's only publicly listed gaming company with businesses spanning Kiddopia, Animal Jam, World Cricket Championship, Sportskeeda, Curve Games, Fusebox Games, Funky Monkeys, Smaash Entertainment and ad-tech unit Datawrkz. With operations across India, North America and other markets, it is building a global gaming platform with strong IP and publishing capabilities. The company's consolidated net profit declined 35.38% to Rs 8.84 crore on 24.07% fall in revenue from operaions to Rs 405.97 crore in Q3 FY26 oever Q3 FY25. The counter declined 1.49% to Rs 251.35 on the BSE.Powered by Capital Market - Live

The key equity benchmarks ended with significant gains today, extending their rally for third consecutive session, despite the ongoing Middle East conflict which kept investors cautious. The market opened in positive territory and extended its gains during the session, with the Nifty surging above the 23,800 level. However, the index witnessed mild profit booking in the latter half of the session and ended below the 23,800 level. Investors now await the U.S. Federal Reserve's policy decision due later today. Media, IT and auto shares surged while metal and FMCG shares declined. As per provisional closing data, the barometer index, the S&P BSE Sensex jumped 633.29 points or 0.83% to 76,704.13. The Nifty 50 index surged 196.65 points or 0.83% to 23,777.80. In the past three consecutive trading sessions, the Sensex and Nifty climbed 2.87% and 2.71% respectively. The broader market outperformed the frontline indices. The BSE 150 MidCap Index soared 1.80% and the BSE 250 SmallCap Index rallied 2.05%. The market breadth was strong. On the BSE, 3,196 shares rose and 1,095 shares fell. A total of 146 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 5.39% to 18.72. Buzzing Index: The Nifty Media index jumped 3.35% to 1,351.70, registering a 4.50% rise in two sessions. Nazara Technologies (up 6.69%), Sun TV Network (up 4.34%), Network 18 Media & Investments (up 3.85%), Tips Music (up 3.66%), Prime Focus (up 3.51%), D B Corp (up 3.24%), Hathway Cable & Datacom (up 2.85%), Zee Entertainment Enterprises (up 1.83%) and PVR Inox (up 1.6%) surged. IPO Update: The initial public offer (IPO) of GSP Crop Science received bids for 1,42,27,478 shares as against 89,47,367 shares on offer, according to stock exchange data at 15:42 IST on Wednesday (18 March 2026). The issue was subscribed 1.59 times. The issue opened for bidding on 16 March 2026 and it will close on 18 March 2026. The price band of the IPO is fixed between Rs 304 and 320 per share. West Asia Conflict: The Middle East war continues to escalate, keeping investors on edge. A fresh wave of attacks on the United Arab Emirates' energy infrastructure has heightened fears of prolonged supply disruptions amid the Iran war. The incidents followed a drone strike on the world's largest ultra-sour gas development, a fire at the UAE's Fujairah Oil Industry Zone, and damage to a tanker near the strategically vital Strait of Hormuz. In latest development, Iran intensified attacks against U.S. assets in the Middle East and Israel on Wednesday in apparent retaliation against the killing of the country's security chief Ali Larijani overnight, as the weeks-long conflict shows no signs of abating. Stocks in Spotlight: Bondada Engineering rallied 2.69% after it has secured an order from Bharat Electronics (BEL) for the supply of critical components for defence applications. The contract, valued at Rs 35,70,000, will be executed within three months from the receipt of the work order. Strides Pharma Science jumped 3.36% after the company announced the acquisition of multiple generic brands from Sandoz for its Africa business. The agreement spans four key markets, which include Western Sahara (covering 10 countries), Ghana, Nigeria, and Kenya. The branded generics portfolio of Sandoz, as a part of this deal, includes multiple brands across anti-infective, cardiovascular, and dermatology therapeutic segments. Several of these products individually deliver annual sales exceeding $1 million, reflecting their established brand equity and market demand. CESC rose 0.26%. The company said that it has awarded contracts for procurement of 600 MW of wind-solar hybrid power on a long-term basis to four domestic entities. The contracts have been awarded to Purvah Green Power (Purvah), Vismaya Renewables India Project, Hexa Climate Solutions and Sprng Energy. Purvah will supply 300 MW, while the remaining three companies will supply 100 MW each, the filing said. All projects are based on wind-solar hybrid power and will operate under long-term power purchase agreements (PPAs) with a tenure of 25 years. Mankind Pharma advanced 1.72% after the company announced that it has acquired the Rivotril brand from Roche for the Indian market, with exclusive rights to manufacture, market and distribute the product across the country. Rivotril, the innovator/reference brand of clonazepam, is widely prescribed for the management of neurological and psychiatric conditions. Known as a textbook brand with a strong clinical legacy, the acquisition reinforces Mankind Pharma's presence in the central nervous system (CNS) therapy segment and complements its existing neuro portfolio. Precision Wires India jumped 6.51% after the company announced that it has received BIS certification for manufacturing copper wire rods at its plant in Valvada, Valsad, Gujarat. The certification has been granted in accordance with IS 12444 standards, enabling the company to expand its manufacturing capabilities in copper wire rods. Awfis Space Solutions rose 0.16% after the company announced that it has crossed 100 centres across South India, including operational and under fit-out locations, highlighting strong demand for flexible workspaces in the region. Global Markets: European markets advanced on Wednesday as Investors are looking ahead to EU inflation data due later today. The data comes ahead of monetary policy decisions from the European Central Bank, Bank of England, Riksbank and Swiss National Bank scheduled for Thursday. Asia markets ended higher as investors assess Japan trade data and await U.S. Federal Reserve's interest rate decision. Markets expect the Fed to keep interest rates steady between 3.5% and 3.75% on Wednesday stateside. On the data front, Japanese exports increased by 4.2% year-on-year in February. Exports had risen 16.8% jump in the previous month. Overnight in the U.S., the S&P 500 rose as Wall Street built on the momentum seen in the previous session amid developments in the Iran war. The broad market index closed up 0.25% at 6,716.09, and the Nasdaq Composite climbed 0.47% to finish at 22,479.53. The Dow Jones Industrial Average added 46.85 points, or 0.1%, to end at 46,993.26.Powered by Capital Market - Live

The key equity benchmarks continued to trade with substantial gains in early afternoon trade, mirroring positive trends in Asian markets. However, sentiment remained cautious amid concerns over the ongoing US-Iran conflict in the Middle East which continues to weigh on overall risk appetite. The Nifty traded near the 23,800 level. Media shares jumped for second consecutive trading session. At 11:25 IST, the barometer index, the S&P BSE Sensex jumped 689.77 points or 0.92% to 76,774.50. The Nifty 50 index climbed 215 points or 0.91% to 23,797.50. The broader market outperformed the frontline indices. The BSE 150 MidCap Index jumped 1.49% and the BSE 250 SmallCap Index rallied 1.82%. The market breadth was strong. On the BSE, 3,107 shares rose and 819 shares fell. A total of 175 shares were unchanged. The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, declined 4.50% to 18.90. In the commodities market, Brent crude for May 2026 settlement tumbled $2.35 or 2.27% to $101.07 a barrel. IPO Update: The initial public offer (IPO) of GSP Crop Science received bids for 89,82,604 shares as against 89,47,367 shares on offer, according to stock exchange data at 11:25 IST on Wednesday (18 March 2026). The issue was subscribed 1.00 times. The issue opened for bidding on 16 March 2026 and it will close on 18 March 2026. The price band of the IPO is fixed between Rs 304 and 320 per share. Buzzing Index: The Nifty Media index jumped 2.85% to 1,345.15. The index surged 3.99% in two consecutive trading sessions. Nazara Technologies (up 7.19%), Prime Focus (up 3.86%), Network 18 Media & Investments (up 3.56%), Sun TV Network (up 3.4%) and Tips Music (up 3.29%), Hathway Cable & Datacom (up 2.24%), PVR Inox (up 1.94%), D B Corp (up 1.53%) and Zee Entertainment Enterprises (up 1.3%) advaned. Stocks in Spotlight: Ceigall India rose 0.77% after the company said it has secured two contracts from the Punjab Infrastructure Development Board for the construction and development of world-class urban streets in Ludhiana under the Hybrid Annuity Model (HAM). Strides Pharma Science added 2.96% after the company announced the acquisition of multiple generic brands from Sandoz for its Africa business. The agreement spans four key markets, which include Western Sahara (covering 10 countries), Ghana, Nigeria, and Kenya. The branded generics portfolio of Sandoz, as a part of this deal, includes multiple brands across anti-infective, cardiovascular, and dermatology therapeutic segments. Global Markets: Asia markets advanced on Wednesday as investors assess Japan trade data and await U.S. Federal Reserve's interest rate decision. Markets expect the Fed to keep interest rates steady between 3.5% and 3.75% on Wednesday stateside. On the data front, Japanese exports increased by 4.2% year-on-year in February. Exports had risen 16.8% jump in the previous month. The Middle East war continues to escalate, keeping investors on edge. A fresh wave of attacks on the United Arab Emirates' energy infrastructure has heightened fears of prolonged supply disruptions amid the Iran war. The incidents followed a drone strike on the world's largest ultra-sour gas development, a fire at the UAE's Fujairah Oil Industry Zone, and damage to a tanker near the strategically vital Strait of Hormuz. In latest development, Iran intensified attacks against U.S. assets in the Middle East and Israel on Wednesday in apparent retaliation against the killing of the country's security chief Ali Larijani overnight, as the weeks-long conflict shows no signs of abating. Overnight in the U.S., the S&P 500 rose as Wall Street built on the momentum seen in the previous session amid developments in the Iran war. The broad market index closed up 0.25% at 6,716.09, and the Nasdaq Composite climbed 0.47% to finish at 22,479.53. The Dow Jones Industrial Average added 46.85 points, or 0.1%, to end at 46,993.26.Powered by Capital Market - Live

As per the bulk deal data on the NSE, Morgan Stanley Asia Singapore Pte bought 28.85 lakh equity shares (or 0.78% stake) of Nazara Technologies at Rs 239.80 each yesterday, 10 March 2026. The shares were sold by Think India Opportunities Master Fund LP, which offloaded an equivalent number of shares at the same price. Think India Opportunities Master Fund LP held 93.27 lakh shares or 2.52% stake in the company as on 31 December 2026. In the last one year, Nazara Technologies has fallen by 8.13% while the benchmark Sensex lost 4.63% in the same period. On the technical front, the stock's RSI (14) was currently at 39.535. An RSI reading of 70 or above indicates an overbought condition. A reading of 30 or below indicates an oversold condition. On the daily chart, the scrip is trading below its 10-day, 20-day and 100-day simple moving averages placed at 252.96, 264.02 and 262.22, respectively. Nazara is India's only publicly listed gaming company with businesses spanning Kiddopia, Animal Jam, World Cricket Championship, Sportskeeda, Curve Games, Fusebox Games, Funky Monkeys, Smaash Entertainment and ad-tech unit Datawrkz. With operations across India, North America and other markets, it is building a global gaming platform with strong IP and publishing capabilities. Powered by Capital Market - Live

Nazara Technologies Ltd dropped for a fifth straight session today. The stock is quoting at Rs 255.55, down 3.49% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is down around 1.9% on the day, quoting at 24699.2. The Sensex is at 79711.9, down 1.94%.Nazara Technologies Ltd has eased around 10.21% in last one month.Meanwhile, Nifty Media index of which Nazara Technologies Ltd is a constituent, has eased around 0.01% in last one month and is currently quoting at 1416.15, down 2.45% on the day. The volume in the stock stood at 3.8 lakh shares today, compared to the daily average of 21.32 lakh shares in last one month.The PE of the stock is 401.59 based on TTM earnings ending December 25.Powered by Capital Market - Live

Net profit of Nazara Technologies declined 67.93% to Rs 9.84 crore in the quarter ended December 2025 as against Rs 30.68 crore during the previous quarter ended December 2024. Sales declined 24.07% to Rs 405.97 crore in the quarter ended December 2025 as against Rs 534.69 crore during the previous quarter ended December 2024. ParticularsQuarter EndedDec. 2025Dec. 2024% Var. Sales405.97534.69 -24 OPM %16.686.87 - PBDT74.7055.84 34 PBT15.0025.32 -41 NP9.8430.68 -68 Powered by Capital Market - Live

Nazara Technologies will hold a meeting of the Board of Directors of the Company on 3 February 2026.Powered by Capital Market - Live

Nazara Technologies Ltd is up for a third straight session in a row. The stock is quoting at Rs 282.7, up 2% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.37% on the day, quoting at 25250.25. The Sensex is at 82151.32, up 0.3%. Nazara Technologies Ltd has risen around 17.21% in last one month. Meanwhile, Nifty Media index of which Nazara Technologies Ltd is a constituent, has risen around 2.26% in last one month and is currently quoting at 1354, up 2.05% on the day. The volume in the stock stood at 14.48 lakh shares today, compared to the daily average of 46.23 lakh shares in last one month.The PE of the stock is 384.38 based on TTM earnings ending September 25.Powered by Capital Market - Live

Nazara Technologies Ltd is up for a third straight session today. The stock is quoting at Rs 272.2, up 1.25% on the day as on 12:49 IST on the NSE. The benchmark NIFTY is up around 0.35% on the day, quoting at 25755.6. The Sensex is at 83702.57, up 0.38%. Nazara Technologies Ltd has gained around 14.83% in last one month. Meanwhile, Nifty Media index of which Nazara Technologies Ltd is a constituent, has gained around 0.22% in last one month and is currently quoting at 1415.45, down 0.09% on the day. The volume in the stock stood at 9.81 lakh shares today, compared to the daily average of 43.51 lakh shares in last one month.The PE of the stock is 373.54 based on TTM earnings ending September 25.Powered by Capital Market - Live

Nazara Technologies Ltd fell for a fifth straight session today. The stock is quoting at Rs 270.1, down 1.12% on the day as on 13:19 IST on the NSE. The benchmark NIFTY is up around 0.09% on the day, quoting at 25705.2. The Sensex is at 83596.42, up 0.02%.Nazara Technologies Ltd has gained around 18.52% in last one month.Meanwhile, Nifty Media index of which Nazara Technologies Ltd is a constituent, has eased around 2.46% in last one month and is currently quoting at 1425.3, down 1.79% on the day. The volume in the stock stood at 24.91 lakh shares today, compared to the daily average of 44.65 lakh shares in last one month.The PE of the stock is 379.1 based on TTM earnings ending September 25.Powered by Capital Market - Live