Archive · 14 Jun 2025
Jhunjhunwala Estate Sells Nazara Tech Shares; Stock Gains
Rekha Jhunjhunwala, representing her late husband's estate, sold some of her shares in Nazara Technologies.
She sold shares on two different occasions.
This means she now owns less of the company.
The stock's price went up recently, showing good returns.
The company also reported a large increase in profits for the last quarter.
Rekha Jhunjhunwala reduced her stake in Nazara Technologies, selling shares on the open market.
Jhunjhunwala sold 12.36 lakh shares between June 9-10, 2025, following a prior sale of 17.38 lakh shares.
After these sales, the Estate's holding in Nazara Technologies is 3.66%.
Nazara shares closed at Rs 1,327.85 on BSE, up 6.49%.
The company's Q4 FY25 net profit surged 90% year-on-year to Rs 16 crore.
- Who
- Rekha Jhunjhunwala, executor of the estate of Rakesh Jhunjhunwala.
- What
- Rekha Jhunjhunwala sold a portion of her stake in Nazara Technologies.
- When
- Shares were sold between June 2-10, 2025.
- Where
- BSE
- Why
- Unknown
Analysts
Investors
Stock Valuation
Analysts
HOLD rating, expecting a downside of 17.7% from current price.
Investors
Moderate bullishness in short term based on technical indicators
- Seller
- Rekha Jhunjhunwala
- Company
- Nazara Technologies
- Stake Sold
- Reduced from 7.05% to 3.66%
- Share Price (Closing)
- Rs 1,327.85 (BSE)
- Q4 FY25 Net Profit
- Rs 16 crore
- One-Year Return
- 56.21%
Sources
Estate of Late Rakesh Jhunjhunwala offloads entire stake in Nazara Technologies
Rekha Jhunjhunwala Sells Entire 5.07% Stake In This Gaming Firm, Stock At 52-Week High
Rekha Jhunjhunwala sells entire stake in Nazara Technologies; clocks 4x returns
