NAZARA (NAZARA): Acquisition / M&A
Nazara Technologies informed the National Stock Exchange on 7 July that it has withdrawn a Scheme of Amalgamation, according to the exchange filing. The disclosure, made under Regulation 30 of the SEBI (LODR) Regulations, 2015, relates to a corporate restructuring transaction that will no longer proceed. The company did not specify the entities involved in the originally proposed amalgamation.
Events like this—withdrawal of an M&A or amalgamation scheme—have historically shown a 48.9% win rate across 141 comparable instances in Strota's database, with a net edge of 0.213 percentage points. This base rate reflects how similar catalyst types have performed on average in the past, not a forecast for Nazara specifically.
The stock trades at a price-to-earnings ratio of 11.07 and a price-to-book ratio of 3.8, with earnings per share of ₹27.21 and return on equity of 2.0%. Its market capitalisation stands at ₹11,160 crore. The Nifty 50 declined 0.13% on the session.
The filing confirms the withdrawal but does not disclose reasons, alternative plans, or financial impact. The historical base rate offers context on how markets have processed comparable events, not what Nazara's price will do.
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
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