Nazara Tech share zooms 9% on acquisition of Freaks 4U Gaming for Rs 271 cr

Nazara Technologies share rallies: Shares of Nazara Technologies climbed as much as 9 per cent to hit an intraday high of Rs 887.05 per share on Friday.

The uptick in share price came after Nazara Technologies said NODWIN Gaming will increase its ownership in leading European esports company Freaks 4U Gaming to 100 per cent through a share swap valued at Rs 271 crore (Euro 30.3 million).