Nazara Technologies Ltd

Nazara Technologies has recently experienced a change in its evaluation, driven by a reassessment of its financial metrics and market position. The company reported flat financial performance for the quarter ending September 2024, with a decline in profit before tax and challenges in managing receivables, raising concerns about its long-term strength.

Nazara Technologies has experienced significant trading activity, closing at Rs 1077.9 after a notable increase. The stock has shown a strong upward trend over the past five days, outperforming its sector and trading above multiple moving averages, indicating positive momentum in its performance.

Nazara Technologies has experienced notable stock activity, gaining 6.82% on January 16, 2025, and outperforming its sector. The stock has risen for three consecutive days, accumulating a total return of 9.16%. It opened higher and reached an intraday high, while its moving averages show mixed performance.

Nazara Technologies, a midcap IT software firm, saw a notable decline on January 13, 2025, underperforming against sector peers. The stock reached an intraday low and has dropped significantly over the past month, contrasting with the broader market's performance. Moving averages indicate mixed trends for the stock.

On November 26, 2024, Nazara Technologies, a midcap IT software company, saw a 5.0% increase in its stock and has been performing well in the market. It has outperformed the sector by 3.83% and has been on a consecutive gain for the last 3 days, with a 9.27% increase in returns. The stock is currently trading higher than its moving averages, indicating a positive trend. In comparison to the Sensex, Nazara Technologies has shown a strong performance, gaining the attention of investors.

MarketsMOJO has given a 'Hold' call for Nazara Technolo. stock despite mixed financial results. The IT software company's PAT has grown by 22.60% in the half-yearly period, indicating a positive trend. However, PBT has declined by -122.3% and Debtors Turnover Ratio is at its lowest in five periods, raising concerns. Investors should hold onto their positions and consider these results before making any investment decisions.

MarketsMOJO has upgraded its stock call on Nazara Technologies to 'Hold' due to its strong long-term growth, low debt to equity ratio, and bullish technical indicators. However, the company's recent results were flat and it has an expensive valuation. Institutional holdings and underperformance in the market may have influenced the upgrade.

MarketsMOJO has downgraded Nazara Technologies to 'Sell' due to flat quarterly results, low ROCE and PBT LESS OI, and expensive valuation. The stock has underperformed the market and has a sideways technical trend. However, the company has shown healthy long-term growth and has a low Debt to Equity ratio. Institutional holding is high at 21.92%.

Nazara Technologies, a midcap IT software company, has received a 'Hold' rating from MarketsMOJO on October 28, 2024. The company has a low Debt to Equity ratio of 0 times and has displayed strong long-term growth potential with an annual growth rate of 31.83% in Net Sales and 185.70% in Operating profit. However, its recent results have been flat and the stock is currently trading at a discount compared to its historical valuations.

Nazara Technologies, a midcap IT software company, has been downgraded to a 'Sell' by MarketsMOJO due to flat results, low ROCE, and a decrease in PBT LESS OI(Q). The stock is trading at a discount with a P/BV of 3.3 and has underperformed the market. Promoter confidence has also decreased, indicating a lack of future potential.

On October 8th, 2024, Nazara Technologies, a midcap IT software company, saw a 5.2% increase in its stock, outperforming the sector by 5.74%. This marks a reversal from three consecutive days of falls. The stock is currently trading above its 100-day and 200-day moving averages, but below its 5-day, 20-day, and 50-day moving averages. In comparison to the overall market, Nazara Technologies has outperformed the Sensex by 5.22% in the past day and 2.84% in the past month. MarketsMOJO has given a 'Hold' call for the stock, reflecting a neutral stance. The company's strong performance in the IT software industry solidifies its position as a midcap player.

Nazara Technologies, a midcap IT software company, has seen a -5.32% decline in its stock price on October 7th, 2024. The stock has been on a downward trend for the past three days, with a -9% fall in returns. Its moving averages show a mixed trend and it has underperformed the market by -5.41%.

On September 19, 2024, Nazara Technologies, a midcap IT software company, saw a -5.45% decline in stock price due to underperformance in the sector. Despite this, the stock has been consistently higher than its moving averages and hit a new 52-week high. MarketsMOJO suggests holding onto existing shares, and the stock has shown high volatility. In comparison to the overall market, Nazara Technologies has underperformed in one day but outperformed in the past month. Investors should monitor the company's strategic decisions as it maintains its position as a leading IT software company.

Nazara Technologies, a midcap IT software company, reached a 52-week high of Rs. 1124.15 on September 19, 2024. Despite underperforming the sector on the same day, the stock has shown a strong performance with a 27.64% increase in the past year, outperforming the Sensex. MarketsMOJO has given it a 'Hold' call, indicating a positive trend in the stock's performance.

Nazara Technologies, a midcap IT software company, has been performing well in the market with its stock price reaching a 52-week high on September 18, 2024. Rated as 'Hold' by MarketsMOJO, the stock has outperformed the IT - Software sector by 2.26% and has shown a growth of 28.90% in the last year.

Nazara Technologies, a midcap IT software company, has reached a 52-week high on September 16, 2024, with a 'Hold' call from MarketsMOJO. The stock has been performing well, outperforming the sector by 1.02% and showing a consecutive gain for the past 6 days. It is currently trading above its moving averages, indicating a positive trend. In the past year, the stock has shown a strong performance, showcasing its potential and growth in the IT software industry.

Nazara Technologies, a leading IT software company in the midcap sector, reached a 52-week high on September 13, 2024. MarketsMOJO has given it a 'Hold' call. The stock opened with a 2.8% gain and touched an intraday high of Rs 1049.6. It has underperformed the sector today but has shown consistent growth in the past year.

On September 10th, 2024, Nazara Technologies, a midcap IT software company, saw a 5.07% increase in its stock, outperforming the sector by 4.22%. It reached an intraday high of Rs 968.2 and has been on a consecutive gain for the last two days. MarketsMOJO has given a 'Hold' call for the stock.

On September 4th, 2024, Nazara Technologies, a leading IT software company in the midcap sector, saw a 5.14% increase in its stock price, outperforming the sector by 5.93%. The stock has been on a consecutive rise for the last 2 days, reaching an intraday high of Rs 962.25. It is currently trading higher than its moving averages, indicating a positive trend and strong financials. It has also outperformed the Sensex in the last 1 day and 1 month. Investors are advised to hold their positions in the stock.