Current price is more than the intrinsic value

Intrinsic value

Stock has not been able to generate better return on equity than bank FD

ROE vs FD rates

Stock doesn't offer attractive dividend returns

Dividend Returns

Good time to consider, as stock is not in overbought zone

Entry point

Stock not in ASM/GSM lists and not a lot of promoter holding is pledged

No Red Flags

Prabhudas Lilladher is bullish on Nazara Technologies has recommended buy rating on the stock with a target price of Rs 898 in its research report dated January 28, 2023.

Buy Nazara Technologies; target of Rs 898: Prabhudas Lilladher

Stocks to watch out for today: Bajaj Auto, Tata Motors, Dr Reddy’s, Nazara Technologies, RVNL, Pidilite Industries, Macrotech Developers, Macrotech Developers and more

Stocks in news: Tata Motors, Dr Reddy’s, Nazara Technologies, RVNL and more

Nazara Technologies surged 4.09% to Rs 636.30 after the company’s consolidated net profit jumped 75.73% to Rs 18.1 crore in Q3 FY23 from Rs 10.3 crore recorded in Q3 FY22.

Nazara Tech jumps on strong Q3 performance

Nazara Technologies consolidated net profit rises 75.73% in the December 2022 quarter

Nazara Technologies Ltd is quoting at Rs 608.5, up 2.48% on the day as on 12:49 IST on the NSE. The stock is down 46.32% in last one year as compared to a 4.98% fall in NIFTY and a 12.43% fall in the Nifty IT index.

Nazara Technologies Ltd gains for third consecutive session

Maruti Suzuki, HDFC Asset Management Company, Colgate-Palmolive, CG Power and Industrial Solutions, Macrotech Developers, Nazara Technologies, PNB Housing Finance, SBI Cards and Payment Services, TVS Motor Company are among the key companies scheduled to announce earnings today

Stocks to Watch: Axis Bank, Maruti Suzuki, Zomato, Tata Motors, Nykaa

Stocks to watch out for today: Bajaj Auto, M&M Financial, Nazara Technologies, South Indian Bank, Dabur India, Indian Bank, Zomato and more

Stocks in news: Bajaj Auto, Nazara Technologies, Dabur, Zomato and more

The gaming company’s operational performance has been consistent over the past few quarters, but the change in the macro landscape is a challenge

Nazara Technologies: Impressive Q2 fails to cheer investors

Q2 Review: Why Nazara Tech Focuses On Growth At Cost Of Margins #Q2WithBQ | Nazara Technologies’ Founder & MD Nitish Mittersain talks about pivoting to focus on high growth at the cost of margins after a mixed performance in Q2.

Q2 Review: Why Nazara Tech Focuses On Growth At Cost Of Margins

Nazara Technologies' Founder & MD Nitish Mittersain talks about pivoting to focus on high growth at the cost of margins after a mixed performance in Q2. #BQLive 
--------------------------------------------------------------------------------------------------------------------
For more videos subscribe to our channel: http://bit.ly/32JXa74
Visit BQ Prime for more news: https://www.bqprime.com/
Don't enter the stock market unaware. Read all Research Reports here: https://www.bqprime.com/research-reports

For the latest business news and analysis
Subscribe to our Newsletters here: https://www.bqprime.com/my-bq/newsletter
Subscribe to our Telegram channel: https://t.me/BQPrime

Follow BQ Prime here
Twitter: https://twitter.com/bqprime
Facebook: https://www.facebook.com/BQPrime/
LinkedIn: https://www.linkedin.com/company/13184554/
Instagram: https://www.instagram.com/bqprime/

Prabhudas Lilladher is bullish on Nazara Technologies has recommended buy rating on the stock with a target price of Rs 1012 in its research report dated October 21, 2022.

Buy Nazara Technologies; target of Rs 1012: Prabhudas Lilladher

Nazara Technologies is engaged in the business of diversified gaming and sports media platform.

Nazara Technologies Ltd

Nazara Technologies Ltd

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy Nazara Technologies; target of Rs 898: Prabhudas Lilladher

Stocks in news: Tata Motors, Dr Reddy’s, Nazara Technologies, RVNL and more

Nazara Tech jumps on strong Q3 performance

Nazara Technologies consolidated net profit rises 75.73% in the December 2022 quarter

Nazara Technologies Ltd gains for third consecutive session

Stocks to Watch: Axis Bank, Maruti Suzuki, Zomato, Tata Motors, Nykaa

Stocks in news: Bajaj Auto, Nazara Technologies, Dabur, Zomato and more

Nazara Technologies: Impressive Q2 fails to cheer investors

Nazara Technologies Ltd

Intrinsic valueIntrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD ratesFixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend ReturnsA dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry pointHigh demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock

News & Opinions

Buy Nazara Technologies; target of Rs 898: Prabhudas Lilladher

Stocks in news: Tata Motors, Dr Reddy’s, Nazara Technologies, RVNL and more

Nazara Tech jumps on strong Q3 performance

Nazara Technologies consolidated net profit rises 75.73% in the December 2022 quarter

Nazara Technologies Ltd gains for third consecutive session

Stocks to Watch: Axis Bank, Maruti Suzuki, Zomato, Tata Motors, Nykaa

Stocks in news: Bajaj Auto, Nazara Technologies, Dabur, Zomato and more

Nazara Technologies: Impressive Q2 fails to cheer investors

Intrinsic value
Intrinsic value is the calculated value of the company and may differ from current stock price. If intrinsic value > current price, price increase is expected in the future to reduce the gap and vice-versa

ROE vs FD rates
Fixed Deposit rate is a virtually risk-free rate where the investor assumes almost no risk on their investment. If stock's long term average ROE is lower than this rate, investors are better off investing the amount in a FD

Dividend Returns
A dividend is the distribution of reward from a portion of company's earnings and is paid to its shareholders. Good dividend returns indicate good health and outlook for the company

Entry point
High demand for a stock increases its price. If the price is pushed up to a level which is not justified, then it's considered to be in the overbought zone, which is not a good time to buy the stock