Nazara Technologies Misses Revenue Estimates by 10% as Forecasts Cut
Nazara Technologies missed revenue estimates by 10%, prompting analysts to reduce forecasts. Seven analysts now expect revenues of ₹33.6b in 2027 and a path to profitability with statutory earnings of ₹1.60 per share. Despite lower earnings projections, the average price target rose 6.2% to ₹317, with analyst targets ranging from ₹180 to ₹410.