Nazara Shares Slump 11.6%, Extend Decline For Fourth Day

Overall, shares of Nazara have lost nearly 26.45% in the last five sessions after the blanket ban on real-money games

Extending its decline for the fourth straight session, shares of Nazara Technologies slumped as much as 11.6% to INR 1,021 during the early trading session today

While Nazara has clarified that it has no direct exposure to real-money gaming (RMG) in its core revenues, investor concerns stem from its associate company Moonshine Technologies, operator of…