Archive · 30 Dec 2025
SBI Mutual Fund Sells Nazara Tech Shares
SBI Mutual Fund, which is India's biggest fund house, sold some of its shares in a company called Nazara Technologies on Monday.
They sold 4.5 million shares at an average price of ₹240.18 each.
After this sale, the price of Nazara Technologies' shares went up by 6% and ended the day at ₹252.
SBI Mutual Fund used to own 5.9% of Nazara Technologies, but after selling these shares, they sold about 1% of what they owned.
Other investors also own parts of Nazara Technologies, like different mutual funds and small individual investors.
The stock has done well in the past year, gaining 18% in 2024, but it has been flat so far in 2025.
SBI Mutual Fund sold 4.5 million shares of Nazara Technologies Ltd. on Monday.
The shares were sold at an average price of ₹240.18 each.
Nazara Technologies' stock price surged by 6% after the sale, closing at ₹252.
SBI MF reduced its stake in Nazara Tech from 5.9% by selling about 1% of its holding.
Mutual funds collectively hold a 6.6% stake in Nazara Technologies.
- Who
- SBI Mutual Fund
- What
- Sold 45 lakh shares of Nazara Technologies Ltd.
- When
- Monday
- Where
- Indian stock exchanges
- Why
- Not explicitly stated in the articles
- Company
- Nazara Technologies Ltd.
- Seller
- SBI Mutual Fund
- Shares Sold
- 45 lakh (4.5 million)
- Average Sale Price
- ₹240.18
- Closing Stock Price
- ₹252
- SBI MF's Stake Before Sale
- 5.9%
- Percentage of Holding Sold
- 1%
- Total Mutual Fund Stake
- 6.6%
