Archive · 2 Sep 2025
Nazara Technologies Sees Growth with Acquisitions and India Expansion
Imagine a company called Nazara that makes video games.
A financial company thinks Nazara will do really well.
They predict the company's money will grow a lot in the next few years!
Nazara is expanding by buying other gaming companies and focusing on markets in India.
India's gaming market is growing, helped by new technology.
Even though it's doing well, Nazara faces some challenges, like regulations and competition.
However, the analysts believe the company is poised for expansion across various gaming genres, which will help them earn more money.
The financial company recommends buying Nazara's stock and thinks its value will increase.
Choice Institutional Equities initiated coverage of Nazara Technologies with a 'buy' rating.
The firm anticipates 30.7% revenue and 44.5% EBITDA growth from FY25 to FY28.
Nazara operates in six high-growth segments including gamified learning, esports, and AdTech.
The company is expanding via acquisitions and focusing on markets in India.
The brokerage set a target price of ₹1,400 per share for Nazara.
- Who
- Nazara Technologies, a gaming and sports media company.
- What
- Choice Institutional Equities initiated coverage on Nazara Technologies with a 'buy' rating, predicting substantial revenue and EBITDA growth.
- When
- The financial outlook is from FY25 to FY28.
- Where
- India and global markets.
- Why
- Driven by gaming-first strategies, acquisitions, and expansion within India's growing gaming market.
- Company
- Nazara Technologies
- Rating
- Choice Institutional Equities: Buy
- Target Price
- ₹1,400 per share
- Market Cap
- ₹11,000 crore
- 52-Week High
- ₹1,450
- Projected Revenue CAGR (FY25-FY28)
- 30.7%
- Projected EBITDA CAGR (FY25-FY28)
- 44.5%