Nazara Technologies Shows Strong Momentum Amid Broader Market Trends

Jan 20 2025 03:35 PM IST
share
Share Via
Nazara Technologies has experienced significant trading activity, closing at Rs 1077.9 after a notable increase. The stock has shown a strong upward trend over the past five days, outperforming its sector and trading above multiple moving averages, indicating positive momentum in its performance.
Nazara Technologies, a midcap player in the IT software industry, has shown significant activity today, with a notable increase of 5.27% to close at Rs 1077.9. This positions the stock just 4.63% below its 52-week high of Rs 1124.15. Over the past five days, Nazara Technologies has demonstrated a strong upward trend, accumulating a total return of 20.66%.

On this trading day, the stock outperformed its sector by 4.74%, reflecting its robust market performance. The intraday high reached Rs 1077.9, marking a gain of 5.29%. Furthermore, Nazara Technologies is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating positive momentum in its trading pattern.

In the context of broader market performance, Nazara Technologies recorded a 1-day gain of 5.30%, while the Sensex experienced a modest increase of 0.59%. Over the past month, Nazara Technologies has risen by 7.26%, contrasting with a decline of 1.24% in the Sensex.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News