Nazara Technologies announces partnerships to publish five games in India

About the partnership 

Nazara Technologies Limited, a leading force in the gaming and sports media industry has unveiled partnerships with four distinguished Indian game studios. This initiative is part of Nazara’s new publishing division, focusing on promoting the Make in India vision in the gaming sector.

The eclectic mix of games selected for publication includes Gravity Shooter by Smash Head Studios, a thrilling 2D action game, World Cricket League from Wandermind Labs offering a 3D multiplayer cricket experience, Hacked: Password Puzzle by Pixcell Play a challenging puzzle game and ATG Studios: Laser Tanks and Paperly both promising unique gaming experiences across varied genres.

About the company

Nazara is a leading India-based diversified gaming & sports media platform with a presence in India and across emerging & developed global markets such as Africa and North America and has offerings across interactive gaming, eSports, ad-tech and gamified early learning ecosystems including World Cricket Championship (WCC) in mobile games, Kiddopia and Wildworks in gamified early learning Nodwin, PublishMe and Sportskeeda in eSports and eSports media OpenPlay, Halaplay and Qunami in skill-based fantasy and trivia games and Datawrkz in digital ad-tech.

Levelling up in the Indian gaming arena 

Nazara Technologies emerged from cricket-themed mobile games, expanding smartly into diverse gaming genres. The strategic move into esports via Nodwin Gaming’s acquisition positioned Nazara at the forefront of India’s competitive gaming arena. Through acquisitions like SportsKeeda and investments in startups, Nazara fortified its foothold leveraging data and innovation. Nazara Technologies’ growth story is one of adaptability, strategic foresight and a deep understanding of the Indian gaming landscape.

Stock Performance

In the last trading session, the stock closed at Rs 874.90. Today, it opened at Rs 878.85 and is currently trading at Rs 865.40, down by 1.09%. Company’s 52-week high stands at Rs 927.25 while its 52-week low stands at Rs 481.95. The company currently boasts a market capitalisation of approximately Rs 6,300 crore. Over the past one year, shares of the company have given staggering returns of 46.78% while in the same time frame, BSE Sensex has changed by 14.63%.

Disclaimer: This blog has been written exclusively for educational purposes. The securities mentioned are only examples and not recommendations. It is based on several secondary sources on the internet and is subject to changes. Please consult an expert before making related decisions.