Nazara Tech receives tax demand of ₹1,120 cr; gaming stock falls 8%
The Rekha Jhunjhunwala-backed firm's real money gaming subsidiaries OpenPlay and HalaPlay have received GST notices for ₹846 crore and ₹274 crore, respectively.
The Rekha Jhunjhunwala-backed firm's real money gaming subsidiaries OpenPlay and HalaPlay have received GST notices for ₹846 crore and ₹274 crore, respectively.
Despite the recent rally, this gaming stock trades 53% lower than its 52-week high of ₹1,677.20 touched in October last year.
This gaming and tech stock has fallen 70% from its 52-week high of ₹3,354.40 touched on October 11, 2021.