MarketsMOJO recommends 'Hold' for Nazara Technolo. stock despite mixed financial results

Despite the mixed financial results, MarketsMOJO has given a 'Hold' call for Nazara Technolo. stock. The IT software company, which falls under the midcap category, has shown a flat performance in the second quarter of the fiscal year 2024-2025. However, there are some positive aspects to the financial report. The Profit After Tax (PAT) for the half-yearly period has grown by 22.60% compared to the previous year. This indicates a positive trend in the near future.

On the other hand, there are some areas of concern for Nazara Technolo. The Profit Before Tax (PBT) for the quarter has fallen by -122.3% compared to the average PBT of the previous four quarters. This is a significant decline and the near term trend for PBT is negative. Additionally, the company's non-operating income is high, which is not a sustainable business model.

Another concerning factor is the Debtors Turnover Ratio, which is at its lowest in the last five half-yearly periods. This means that the company's pace of settling its debtors has slowed down.

Despite these challenges, MarketsMOJO has given a 'Hold' call for Nazara Technolo. stock. This means that investors should hold onto their current positions and not make any new investments in the company's stock. It is important to note that this recommendation is based on the company's financial performance and not on any external factors such as investor interest or expert opinions. Investors should carefully consider these financial results before making any investment decisions.