Shares of Nazara Technologies rallied as much as 18% to their day’s high of Rs 314 on the BSE on Friday after a large block deal involving nearly 4.9% of the company’s equity took place during the morning session.
As per a CNBC-TV18 report, Nikhil Kamath of Zerodha and existing shareholder Axana Estates are likely among the buyers in the transaction, while company founder Nitish Mittersain is believed to be the seller.
