NAZARA

NAZARA

CLSA ON NAZARA TECH : 18.06.2021

• Initiates on Nazara Tech with SELL Rating
* Target at Rs 1,095/share
* eSports a niche nascent market; competition to intensify
* eSports is niche in Indian mobile gaming
• Nazara's key growth focus is eSports
• Indian gaming competition would intensify