NAZARA (NAZARA): Acquisition / M&A
Nazara Technologies informed the exchange on 7 July that it has withdrawn its Scheme of Amalgamation, according to the NSE filing. The disclosure was made under Regulation 30 of the SEBI (LODR) Regulations, 2015. The company did not provide additional details on the reasons for the withdrawal in the filing.
Events like this — M&A-related updates including deal modifications or withdrawals — have historically shown a 48.9% win rate across 141 comparable instances in Strota's database, with a net edge of 0.213%. This base rate reflects how similar announcements have performed on average in the past, not a forecast for Nazara specifically.
The stock carries a market capitalisation of ₹11,160 crore and trades at a price-to-earnings ratio of 11.07 and a price-to-book ratio of 3.8. Its return on equity stands at 2.0%, with earnings per share of ₹27.21. The Nifty 50 declined 0.13% on the session.
The filing confirms the withdrawal of the amalgamation scheme but does not establish the strategic rationale, any replacement plans, or the financial impact on Nazara's operations. Investors would need to await further disclosures from the company for clarity on the path forward.
The catalyst
Nazara Technologies Limited informs the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Update on withdrawal of the Scheme of Amalgamation. (filing · NSE)
What the data shows after this event
Across Strota's backtest of past filings, Acquisition / M&A shows no reliable next-session edge — the move went bullish in about 48.9% of next sessions (net 0.213% after drift and cost, n=141). A base rate, not a forecast for this stock.
NAZARA right now
P/E 11.07. Full NAZARA analysis →
Sources
- Nazara Technologies Limited informs the Exchange regarding 'Disclosure under Regulation 30 of the SEBI (LODR) Regulations, 2015 - Update on withdrawal of the Scheme of Amalgamation. — NSE
- Enterprise value to revenue forward of Nazara Technologies Ltd. – NSE:NAZARA — TradingView
- Nazara Technologies Ltd spurts 2.68%, rises for fifth straight session — Business Standard
- BEL, Glenmark, GRSE, M&M, Meesho, Nazara Tech, BDL among 20 stock picks for up 65% upside — Business Today
- Gaming stocks under pressure! Delta Corp, Nazara Tech crash up to 16% after Supreme Court GST ruling — livemint.com
Keep digging
- NAZARA — full smart-money page: F&O positioning, deals, insider filings and option chain in one place.
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