Nazara Technologies rises over 3% on Pro Football Network acquisition
Stating the visibility of strong revenue growth in eSports and gradual profitability improvement in gamified early learning (GEL), brokerage firm ICICI Securities initiated coverage on Nazara Tech with a Buy rating. The brokerage set a target price of Rs 700 on the stock, which indicates an upside potential of 36% from the current market prices.
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