Nazara Technologies’ stock surged despite a weak Q2 performance, driven by strategic acquisitions aimed at boosting revenue and margins. The company, focusing on esports and skill-based gaming, has seen promoter and institutional investor holdings decrease. Analysts remain optimistic about Nazara’s growth prospects, citing potential profitability improvements from recent acquisitions. Nazara Technologies’ stock surged despite a weak Q2 performance, driven by strategic acquisitions aimed at boosting revenue and margins. The company, focusing on esports and skill-based gaming, has seen promoter and institutional investor holdings decrease. Analysts remain optimistic about Nazara’s growth prospects, citing potential profitability improvements from recent acquisitions. Economic Times
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