14 Jun 2025, Sat

Nazara tech shares: Rekha Jhunjhunwala, wife of stock market analyst and late investor Rakesh Jhunjhunwala, sold about 2 percent stake in mobile gaming and sports media company Nazara Technology on 13 June. After this, on the last trading day of the week, on Friday, the company’s shares gained up to 7 percent, which was the biggest jump in a day in the last 21 weeks.

15.42 lakh shares sold through block deal

According to the CNBC-TV18 report, on Friday, about 15.42 lakh shares were purchased for Rs 190 crore through a block deal, which is equal to the 1.77 percent stake of view technology. The transaction took place at an average price of Rs 1,227.50 per share.

As of June 6, 2025, Rekha Jhunjhunwala had 44,45, 120 shares in the view technology, which is equal to the share of 5.07 percent in the company. After this, a total of 17,21,05 shares or 1.9648 percent stake was sold between 9-12 June.

On June 13, with the sale of 27,23,620 shares, the remaining 5.0734 percent was also transferred. Now today, Rakesh Jhunjhunwala has no share in view technology. Rakesh Jhunjhunwala, one of the early investors of the view Tech, was more than 10 percent by the end of the June 2022 quarter.

Curve Digital bought company for 223 crores

Darsara Tech said on June 12 that his subsidiary company in Britain, Curve Digital, has bought by Entertainment for about 19.11 million pounds (about Rs 223 crore). With this, the CDEL view has become the UK-owned assistant company and the company’s step-down assistant company.

In addition, Kuju Limited, Curve Digital Publishing Limited, Runner Duck Games Limited, Fidlestics Games Limited, Curve Games Development One Limited, Ironok Games Inc., Attack Games Limited, full-owned subsidiaries of CDELs like CDEL have also become the steps UK and the company’s step-down subsidiaries.

The company’s great results in the fourth quarter

The shares of the view Tech have gained up to 11 percent in the last one month and in the last six months it has registered a lead of up to 32 percent. In the last one year, there has been a jump of about 56 percent in the stock. Net profit was Rs 4 crore in the fourth quarter of the financial year 2025, while the profit was recorded at Rs 18 lakh in the same quarter last year. In the fourth quarter, the company’s operational revenue was almost doubled to Rs 520 crore.

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