Nazara Tech up 3% on Pro Football Network acquisition

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This is an exclusive story available for selected readers only. At 11.46 am, the stock was trading 1.3% higher at Rs 513 on BSE. However, on a year-to-date, the stock has fallen 16%, while it has declined 42% in the last one year. Our research team is composed of some highly qualified research professionals, their expertise range across sectors. Private institutions and public with no tie-up to the club have the highest stake (81.05%). While it may sound strange, which it does, the fans do have their say for ther betterment of the club.


The purchase, a first for Sportskeeda, will help it bolster its presence in the US by adding 5 million unique monthly active users to its portfolio, the filing added. Good soccer teams ponder over their games with their coaches and team managers. Where you went wrong is never obvious to you because you are conditioned to believe that you are right. Similarly, in investments, getting second opinion and looking back at your decisions objectively makes a huge difference. In soccer it can be disastrous if the focus is too much on the defence, mid-field or the forward positions.

Ltd. will own IPs of Branded such as Gaming Matters, Sports Matters, Music Matters and others. Branded also owns and executes a few women centric IPs, such as It’s a Girl Thing and produces She Loves Tech in Singapore. Listed gaming startup Nazara Technologies Ltd’s announced its subsidiary Sportskeeda has completed the acquisition of 73.27 per cent stake in Pro Football Network Inc. She publicly holds 29 stocks with a net worth of over Rs 25,680.4 crore as of March 23, 2023, according to the stock analysis portal The surge in the counter can be attributed to the gaming company’s announcement of its subsidiary acquiring a 73 per cent controlling stake in Pro Football Network. Absolute Sports has picked up a 73.3% stake in Pro Football Network, a digital platform that covers and analyses the National Football League in the United States, for $1.82 million .

Spread your strategy and your risk

At the current market price, Nazara Technologies stock is available at nearly 70 per cent discount from its life-high level of Rs 1,601 apiece touched in October 2021. This is months after the Nazara Technologies stock made a bumper market debut in March 2021. The stock has corrected around 40 per cent from its issue price. In 2022, PFN registered total revenues of $2.1 million (Rs 17.5 crore).

  • FC Madras offers a scholarship programme for talented young footballers selected through a rigorous nationwide scouting programme.
  • Absolute Sports has picked up a 73.3% stake in Pro Football Network, a digital platform that covers and analyses the National Football League in the United States, for $1.82 million .
  • In order to have stability in the organization, the club is registered as a JSC .
  • German heavyweights Borussia Dortmund are listed on the Frankfurt Stock Exchange, the 10th largest securities market in the world.
  • London club Arsenal replaced Italy’s Juventus in this year’s top 10, with 16 English clubs in the top 30.
  • As well as human rights abusers, any individuals or companies subject to government sanctions can also be disqualified.

The Prime Minister on Sunday said that he received thousands of letters and messages from the people and was “swept away by emotions” while reading them. He said that the people of the country have to be congratulated for the 100th episode of his radio monthly programme that began on October 3, 2014. The reliance of Europe on Indian crude oil products has surged. The data also showed that Europe’s refined fuel imports from India are set to surge above 360,000 barrels a day, edging just ahead of those of Saudi Arabia. The changes begin with immediate effect and were unanimously approved by the clubs, the league said. The Premier League tightened up its owners’ and directors’ test on Thursday with a new rule barring anyone found to have committed human rights abuses.

Inflation eases slightly to 10.5% in Dec: UK national statistics office

Not only does the club benifit from the goodwill of FIAT, but also its dominance in the Serie A doubles up its prospects. Juventus have been incredibly consistent, having won the Serie A championship in 2012, 2013, and close to winning it this year as well. The Indian finance minister suggested against using cryptocurrency.The law enforcement organization blocked the assets of two crypto exchanges.At a BJP Economic Cell event on Saturday,…


Major League Football Inc share price live 0.0010, this page displays OTC MLFB stock exchange data. View the MLFB premarket stock price ahead of the market session or assess the after hours quote. Monitor the latest movements within the Major League Football Inc real time stock price chart below. You can find more details by visiting the additional pages to view historical data, charts, latest news, analysis or visit the forum to view opinions on the MLFB quote. In a world where chancing in a bid to make money is all it matters, why should football clubs lag behind? The reputed football clubs around the world can generate tremendous amount of capital by issuing its shares to the public through stock exchanges.While this may sound like an exciting prospect, it has its own gambles and hazards.

Mohun Bagan Football Club (india) Private Limited Contact Details

But everything said and done, the upside is that the virus is curable. The lost powers can be re-found, the footballing prowess can be renewed and the strut-on-the-field can make a resounding comeback. All it needs is a national inquest, bouncebackability and a faith in talent. It’s a truism that has held France in good stead, especially when they caught the humiliating itis. The continuous purveyor of talent in their country has meant that they have been successful in infusing their national teams with new blood.

When you get your reading of the market wrong, when you are forced to give up on the stocks you bet on for a long time or when the macros make a mess of your investment strategy, what do you do? There is a time in soccer to go for the kill and there is a time in soccer to hold your horses. When you are 2-0 up in the game with 5 minutes to go, the most pragmatic decision is to tighten your defence. Some ideas just don’t work and some stories just don’t translate into results.

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Good may have weak performances for some time, but their ability to bounce back remains intact. In short, it is better to keep hold of the ‘good’, ‘legacy’ stocks due to their superior quality and strong business models. Founded in 1999, Nazara Technologies has been actively investing across e-sports, mobile gaming, game publishing companies and programming advertising platforms since 2017. Including the latest, it has spent Rs 500 crore in over 10 acquisitions, a company spokesperson told ET. In two years time, the share price of the stock has improved by a meagre $2.5 to about $16.5, the current price per share. The league standings don’t inspire much confidence either, as the club lies in tatters in 7th place.

Sportskeeda acquires 73.37% stocks of Pro Football Networks

The Premier League champion’s revenue, boosted by a sharp increase in commercial income, was 13% up on the previous year at €731 million ($794 million), according to Deloitte’s annual Money League. Paris Saint-Germain, Barcelona and Bayern Munich were the only other non-English teams in the top 10. If this does not help, the issue might be caused by malware.

Football club owner Brera climbs as bidding heats up for … – Seeking Alpha

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Over the years the scope of the databases has enlarged to cover economy, sectors, mutual funds, commodities and news. Many innovative online and offline applications of these databases have been developed to meet various common as well as customized requirements. Formed in 1986, Capital Market Publishers India Pvt Ltd pioneered corporate databases and stock market magazine in India. Today Capitaline corporate database cover more than 35,000 listed and unlisted Indian companies.

The stock has grown by a stunning 140% in the last one year. Part of the credit goes to the stellar show put up by the side in the ongoing season of the Serie A . Italian Serie A club AS Roma’s shares are open for purchase by the public on the Italian Stock Exchange, also known as Borsa Italiana. In order to have stability in the organization, the club is registered as a JSC .

The fluctuation in the on-field showing directly impacts their stocks price.Let’s take a look at a few clubs which follow the mechanism of an Initial Public Offering . While all the leading institutional investors use Capitaline databases, Capital Market magazine gives access to the databases to individual investors through Corporate Scoreboard. Besides stock market and company-related articles, the magazine’s independent and insightful coverage includes mutual funds, taxation, commodities and personal finance. This shows that while the timing of investment is important, it is not wise to write off the big players. The adage of form being temporary holds true in the stock market too. Therefore, the history of World Cup football points us to the fact that pedigree, more often than not, overcome boom-and-bust cycles to deliver strong performances.

Deloitte ranks teams by the revenue they bring in, rather than their profitability. English football clubs cemented their position as the sport’s wealth generators, making up more than half of Europe’s top earners with Manchester City taking the top spot for a second year running. The company said the deal was completed in an all-cash transaction and will be further eyeing several acquisitions to enhance its presence in the sports media space.

You could also check if there are any scripts, like ad blockers, running in your browser and disable them. Unfortunately we are unable to give you access to our site at this time. When autocomplete results are available use up and down arrows to review and enter to select. Touch device users, explore by touch or with swipe gestures. Sportskeeda Inc, is a wholly owned subsidiary of Absolute Sports Private Limited, which is a material subsidiary of Nazara Technologies. Nazara had informed that both the companies — Kiddopia Inc and Mediawrkz Inc — have been given unrestricted access to the entire amount of $7.75 million that was held at SVB.

Investing in Sports and Travel: Are Football and Airline Stocks … – Finextra

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Sportskeeda Inc, a wholly owned subsidiary of Absolute Sports Private Limited has signed a definitive agreement for the acquisition of 73.27 per cent of the capital stocks of Pro Football Networks, the company announced through an exchange filing. The acquisition is part of the growth strategy of the company to strengthen the strategic position and presence in the US digital sports media market. It will also help Sportskeeda in increasing its revenues in digital media space.

Available at around 70% discount – right time to buy?

London club Arsenal replaced Italy’s Juventus in this year’s top 10, with 16 English clubs in the top 30. All of the Premier League’s 20 teams being ranked in the top 30 is now a possibility, Deloitte said. Liverpool, whose American owners are considering the sale of the team, moved up four places to third, its highest ever position. It overtook northwest rival Manchester United, whose owners are also exploring a sale, for the first time. Liverpool’s revenues were boosted after a run to the Champions League Final.

Latest technologies and standards are constantly being adopted to keep the high risk countriesbase user-friendly, comprehensive and up-to-date. On Tuesday, Nazara Technologies Ltd’s announced its subsidiary Nodwin International Pte. Ltd has signed signed definitive agreements for the acquisition of 51 per cent of the share capital of Branded Pte. To update the details, client may get in touch with our designated customer service desk or approach the branch for assistance. Tebas is attempting to close the gap, in part via a €2 billion deal struck in 2021 with private equity firm CVC Capital Partners. The majority of the funds are targeted for new or refurbished stadiums and also the development of the digital business.

As an investor, your commitment to making profits lies at the core. You need domain knowledge, ability to take decisions, maintain a fit portfolio and finally believe in your abilities. As the IPL season continues, Anand Mahindra’s tweet about the new football stadium in Ladakh has caught the attention of many sports enthusiasts. While cricket is the most popular sport in India, the photos of the new football stadium have sparked discussions about football’s need for more support to become just as popular. The International Monetary Fund also lowered India’s economic growth projection for the current fiscal to 5.9 per cent from 6.1 per cent earlier. Yet, India will continue to be the fastest-growing economy in the world.

Posted by André Araújo