Nazara Technologies’ stock surged despite a weak Q2 performance, driven by strategic acquisitions aimed at boosting revenue and margins. The company, focusing on esports and skill-based gaming, has seen promoter and institutional investor holdings decrease. Analysts remain optimistic about Nazara’s growth prospects, citing potential profitability improvements from recent acquisitions.
Britannia Q1 Results: Profit rises 14% to Rs 591 crore, misses estimates as Iran war pushes costs higher
India’s Britannia Industries reported first-quarter profit below market expectations on Thursday, as higher expenses linked to the Middle East conflict overshadowed stronger demand for its