Nazara Technologies share price retreats from 52-week high amid profit booking

Nazara Technologies share price today touched a 52-week high, but it eventually dropped over 6% due to profit booking, failing to sustain the gains. The gaming company stock today was in focus after its announcement on Wednesday that the board has given the green light to raise ₹900 crores through preferential equity issue. Additionally, the company revealed that it has upped its ownership in Absolute Sports (Sportskeeda) to 91%.