Nazara Technologies Share Price Target (2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030), Nazara Technologies Financial Trends, Businesses, Future Plans and more
Nazara Technologies is a small cap stock whose share price has been falling since a few years. Now it comes to the question whether its share price will increase in future and if so by how much? So if you have bought or are looking to buy shares of Nazara Technologies, then this article is for you.
Hey friends, I am sachin an author of this website. So we are going to know through this blog, how appropriate it would be to invest in this stock of Nazara Technologies Company stock.
By the way, in this article, we will also do Stocks Fundamentals Analysis of Nazara as well as we will also see its financial trends. Then after that we will try to make Nazara Technologies share price target prediction completely based on fundamentals and technical analysis. So stay tuned till the end of this blog so that you can take the right decision.
First of all, we will know the businesses of Nazara Technologies company, after that we will see the fundamentals, financials and share price target.
Nazara Technologies Overview
Nazara Technologies is an Indian video game company that specializes in mobile gaming which was Founded in 2000. The company has a significant presence in India and has also expanded to other markets in the Middle East, Africa, and Southeast Asia. Nazara has a portfolio of over 100 games, including popular titles such as Carrom Clash, Chhota Bheem, and World Cricket Championship.
In addition to developing and publishing its own games, the company also provides consulting and development services to other game developers. Nazara has been recognized as one of the leading mobile gaming companies in India and has won several awards for its work in the industry.
Nazara Technologies Shareholding
Holding pattern is on of the very important metric to analyze any stock. So now let’s talk about the Nazara Technologies Shareholding Pattern.
- Promoters have 19.17% of Shareholding
- Retail and others have 65.99% of Shareholding
- Foreign Institutional Investors (FIIs) have 10.34% of Shareholding
- Domestic Institutional Investors (DIIs) have 0.53% of Shareholding
- And Mutual Funds hold 3.97% of Nazara Technologies share
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Nazara Technologies Financial Trends
If we talk about the Revenue and Profit of Nazara Technologies then –
Its revenue in 2019 has been ₹ 170 Cr and profit is ₹ 17.51 Cr. There was a revenue of ₹ 248 Cr in 2020 and a profit of ₹ -2.13 Cr. In the same 2021, there was a profit of ₹ 9.24 crore with a revenue of ₹ 454 Cr. And this year i.e. in 2022 there has been a higest profit of ₹ 28.4 Cr with a revenue of ₹ 622 Cr.
Nazara Technologies Share Price Target 2023, 2024, 2025, 2026, 2030 Table
|Year||Minimum Price||Maximum Price|
|Nazara Technologies Share Price Target 2023||600||640|
|Nazara Technologies Share Price Target 2024||760||820|
|Nazara Technologies Share Price Target 2025||990||1050|
|Nazara Technologies Share Price Target 2026||1235||1285|
|Nazara Technologies Share Price Target 2027||1410||1455|
|Nazara Technologies Share Price Target 2028||1670||1700|
|Nazara Technologies Share Price Target 2029||1800||1900|
|Nazara Technologies Share Price Target 2030||2300||2500|
Nazara Technologies Share Price Target 2023
The popularity of gaming is increasing day by day. In this way, many popular games are being liked by the people, due to which the company earns good profits. Recently, due to one of the announcements of Google, there has been a jump in its stock. Google is now going to allow games like Rummy in its Play Store, which will give more profit to the company. It also has some conditions which the Nazara Technologies will have to fulfill.
Due to this, there is a lot of ups and downs in its stock. Although the company has already given a good return after listing. That’s why we can see first Nazara Technologies Share Price Target 2023 of INR 600 and maximum price can goes upto INR 640.
Nazara Technologies Share Price Target 2024
If we look at the fundamentals of the company, then there is a slight weakness, due to which the stock is currently falling. If we talk about its aspect ratio, then it is 106 which is much higher than its Industrial P/E. Same its ROE is 3.34% and EPS is 5.24 which is very less. If the company focuses on improving its fundamentals, then we can see first and second Nazara Technologies Share Price Target 2024 of INR 760 and INR 820.
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Nazara Technologies Share Price Target 2025
Even though the fundamentals of the company are not good but it is performing very well financially. Nazara Technologies is continuously making profits and its revenue and net worth are also increasing rapidly. This company had loss in 2020 but in 2022 it has got highest profit as compared to 2021. If the company continues to grow financially like this, then growth will be visible in the future. Considering these, Nazara Technologies Share Price Target 2025 can be INR 990 and second target of INR 1050.
Nazara Technologies Share Price Target 2030
I found the best thing about this company that it does not have much debt which is considered good. A company with low debt can see good growth in the long term. So Nazara Technologies has debt to equity of 0.02 and that is debt of 19.1 crores. The company is launching a lot of software to grow itself and if it continues to do so, then the chances of growth in future will increase.
Taking this into account, Nazara Technologies Share Price Target 2030 can be INR 2300. And if Nazara’s continues its trend, then the maximum target of INR 2500 can be seen.
It is generally not a good idea to base your investment decisions solely on share price targets. Nazara Technologies Share price targets are estimates of what analysts believe a particular stock’s price will be at a certain point in the future. These estimates are based on a variety of factors, including the Nazara’s industry trends, financial performance, and overall market conditions. While share price targets can be helpful in providing some context for a stock’s current price and potential future performance.
So, I hope you have liked reading about Nazara Technologies Share Price Target 2023, 2024, 2025, 2026, 2030. If you have any doubt or questions regarding this topic then you can definitely ask via commenting. And if possible, do share this article with you friends and families.
What will be the share price of Nazara Technologies in 2025?
After doing lots of analysis about this stocks, share price of Nazara Technologies in 2025 is around 990 – 1050 rupees.
What will be the price of Nazara Technologies share in 2030?
Nazara Technologies share in 2030 is around 2300 – 2500 rupees. Because the fundamentals of this company is very strong, and it will perform very well in future.
Is Nazara Technologies a debt free company?
No, Nazara Technologies is not a debt free company. Currently this company has a debt of ₹19.1 crore and its debt to equity ratio is 0.02.
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