Nazara Technologies makes a stellar debut in inventory markets, lists round 80% above difficulty value

Nazara Technologies share value: Shares of Nazara Technologies made a stellar debut on the inventory exchanges at this time itemizing round 80 per cent greater than their difficulty value.
The scrip bought listed at Rs 1,990.00 apiece on the National Stock Exchange (NSE), thereby registering a acquire of 80.75 per cent from its supply value of Rs 1,101. On the BSE, it opened at Rs 1,971.00, up 79.02 per cent from the problem value.
The inventory continued its preliminary momentum hitting a excessive Rs 2,026.90 on BSE and Rs 2,024.90 on the NSE through the first couple of minutes of commerce on the primary day, nevertheless, it slowly gave up its good points and touched an intraday low of Rs 1,590.00 on BSE and Rs 1,610.10 on NSE up to now within the day.

Nearly 60 lakh shares of Nazara Technologies had been traded on the NSE through the first 90 minutes of commerce, whereas over 4.50 lakh shares exchanged palms on the BSE, information from the respective inventory exchanges confirmed.
The Rs 583 crore IPO of Nazara Technologies met a sturdy demand throughout its supply interval from March 17-19. The difficulty was oversubscribed by a whopping 175.46 occasions.

Nazara Technologies is a Mumbai-based gaming agency which is backed by ace investor Rakesh Jhunjhunwala. It is thought for its fashionable video games on World Cricket Championship, Chhota Bheem and Motu Patlu collection. It is the primary gaming firm to get listed in Indian inventory market.