Rakesh Jhunjhunwala-backed Nazara could be a high return stock, here’s why

Shares of Nazara Technologies have jumped 49 per cent to Rs 1,660 from its issue price of Rs 1,101. 

New Delhi: Millions of new investors have started investing in stocks listed on Indian bourses amid the COVID-19 pandemic, courtesy of tech-first stockbroking platforms which has made share investments as simple as ordering food. Tech firms are making our lives simpler, easier and more fun, and that’s why it’s a no brainer that investment in tech-based firms could yield fantastic returns. One such stock making the buzz in the stock exchange is Nazara Technologies, an online gaming firm that has grown manifold in the past few years.  Nazara Technologies operates popular mobile gaming titles such as World Cricket Championship (WCC), CarromClash, and World Table Tennis Championship, among other several games for children. The firm also owns stakes in startups such as Nodwin, Sportskeeda, Halaplay and Qunami.  Rakesh Jhunjhunwala portfolio stock