Shares of Nazara Technologies have declined by more than 17% in 2026, despite the company’s announcement of raising Rs 500 crore to support acquisitions and future growth. The stock price weakness persists even as Nazara Technologies actively pursues expansion strategies and strategic investments.
On Tuesday, the stock fell by Rs 7.80 or 3.25% to close at Rs 232.35, reflecting ongoing volatility. In the last week alone, the stock has dropped by nearly 6.7%, and over the past month, it has seen a decline of over 12%.
Over a longer period, the shares have witnessed a decrease of more than 12% in three months and about 8.8% in six months, with a relatively limited one-year decline of around 1.9%. Despite this downward trend, Nazara Technologies has unveiled plans for a significant fundraising initiative.
The company’s board has approved the raising of Rs 500 crore through a preferential issue of warrants. These funds will primarily be utilized for strategic acquisitions and to bolster its existing business segments. Nazara Technologies intends to issue up to 1.92 crore warrants at a price of Rs 260 each, including a premium of Rs 258.
