Indian gaming firm Nazara's shares jump more than 80% in market debut

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BENGALURU: Shares of Indian mobile gaming platform Nazara Technologies surged more than 80 per cent in their market debut on Tuesday (Mar 30), ...

BENGALURU: Shares of Indian mobile gaming platform Nazara Technologies surged more than 80 per cent in their market debut on Tuesday , reflecting investor enthusiasm for technology firms in a frenzied period for public listings.

Shares opened at 1,990 rupees and rose as much 83.91 per cent to hit a high of 2,024.90 by 0444 GMT.Nazara organises e-sports events including videogame tournaments, which draw thousands of millennial fans. The company also offers a variety of free and paid mobile gaming apps for kids and adults.

 

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