Nazara Tech up 4% as arm acquires UK’s growth marketing agency for Rs 52-cr
By
Binu Mathew
Nazara Technologies shares gained 4.2 per cent and registered an intraday high of Rs 949.5 per share on BSE. The counter saw buying after Datawrkz, a subsidiary of Nazara Technologies, acquired 100 per cent stake in United Kingdom (UK) based growth marketing agency, Space & Time.
Around 1:47 PM, Nazara Technologies shares were up 2.49 per cent at Rs 941.7 per share. In comparison, the BSE Sensex was down 0.40 per cent at 80,047.17. The market capitalisation of the company stood at Rs 7,194.91 crore.