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Nazara Technologies Surges On Acquiring 100% Stake In Skill Gaming Company OpenPlay

Nazara Technologies shares have jumped as much as 84% from IPO price of Rs 1,101.
Nazara Technologies shares have jumped as much as 84% from IPO price of Rs 1,101.
Shares of the gaming and sports media platform, Nazara Technologies, rose as much as 5.51 per cent to hit an intraday high of Rs 1,805.30 after the company post market hours on Friday informed exchanges that it has acquired 100 per cent stake in Hyderabad based skill gaming company OpenPlay for a total consideration of Rs 186.4 crore in one or more tranches. In the first tranche of the investment, Nazara Technologies will acquire 23....
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