This Smallcap stock is in focus, where Late Rakesh Jhunjhunwala’s wife, Rekha Jhunjhunwala, as Executor to the Estate of him, held a 7.05 percent stake and recently, between 2nd June and 6th June, sold a 1.98 percent stake in the company.
With a market capitalisation of Rs. 11,146 Crore, the stock of Nazara Technologies opened at Rs. 1,284, up 1.29 percent from yesterday’s close, and after opening, it made a high of Rs. 1,308, up 3.18 percent. Additionally, the Yearly return for the stock is 50 percent
Stake Sale Update
Rekha Jhunjhunwala (as Executor to the Estate of Late Mr. Rakesh Jhunjunwala). The total number of shares held by her before the stake sale was 61,83,620 or 7.05 percent of the total shareholding.
Between 2nd June and 6th June 2025, total shares sold were 17,38,500 or 1.98 percent. On 2nd to 5th June, they sold 13,10,552 shares, and on 6th June, they sold 4,27,948 shares. Reducing their shareholding by 1.98 percent from 7.05 percent to 5.07 percent.
Founded in 1999 and headquartered in Mumbai, Nazara Technologies is a diversified Indian gaming and sports media company. It operates across interactive gaming, e-sports, gamified learning, and ad-tech segments, with a strong presence in India and international markets including North America, the Middle East, and Africa. The company owns popular platforms and brands like World Cricket Championship, Kiddopia, Sportskeeda, Nodwin Gaming, and PokerBaazi.
The company reported a 95.48 percent YoY increase in revenue from Rs. 266 Crore in Q4FY24 to Rs. 520 Crore in Q4FY25. On a QoQ basis, the company reported a decrease of 2.80 percent in revenue from Rs. 535 Crore in the previous quarter.
Their Net profit saw an increase of 2,161.11 percent YoY from Rs. 0.18 Crore to Rs. 4.07 Crore for the same period. On a QoQ basis, the company reported a decrease of 70.24 percent in Net profit from Rs. 13.68 Crore in the previous quarter.
Written By Abhishek Das
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