SBI Mutual Fund sells Nazara’s stake worth Rs 108 Cr via bulk deal

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SBI Mutual Fund has trimmed its stake in Nazara Technologies through a bulk deal on Monday. The mutual fund house offloaded 45,09,360 equity shares of Nazara at an average price of Rs 240.18 per share, taking the total transaction value to around Rs 108 crore.

Prior to the deal, SBI MF held 2.14 crore shares, accounting for 5.78% stake in Nazara. Post the deal, its shareholding has come down to 1.69 crore shares, translating to 4.55% of the total paid-up equity.

Financially, Nazara’s operating revenue rose by 65% to Rs 526 crore in Q2 FY26 from Rs…



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SBI Mutual Fund sells Nazara’s stake worth Rs 108 Cr via bulk deal


SBI Mutual Fund has trimmed its stake in Nazara Technologies through a bulk deal on Monday. The mutual fund house offloaded 45,09,360 equity shares of Nazara at an average price of Rs 240.18 per share, taking the total transaction value to around Rs 108 crore.

Prior to the deal, SBI MF held 2.14 crore shares, accounting for 5.78% stake in Nazara. Post the deal, its shareholding has come down to 1.69 crore shares, translating to 4.55% of the total paid-up equity.

Financially, Nazara’s operating revenue rose by 65% to Rs 526 crore in Q2 FY26 from Rs…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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