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Nazara Technologies Rises After Arm Acquires Gaming Business Of OML Entertainment
20 Sep 2021, 11:54 AM IST 
Nazara Technologies shares have more than doubled from the IPO price of Rs 1,101.
Shares of the newly listed online gaming company - Nazara Technologies - rose as much as 4.35 per cent to hit an intraday high of Rs 2,165.35 after its independent subsidiary NODWIN Gaming acquired gaming and adjacent intellectual property (IP) business of OML Entertainment. NODWIN Gaming has agreed to buy the gaming and adjacent IP business of OML Entertainment for consideration of Rs 73 crore. "The transaction will provide partial ...
