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CLSA expects this Jhunjhuwala-backed gaming company stock to crash 41%

In its latest report, CLSA retained a SELL rating on Nazara Technologies, India's first listed gaming company, on revenue miss in June quarter and pricey valuations

Topics
Nazara Technologies | Rakesh Jhunjhunwala | gaming industry

Saloni Goel  |  New Delhi 

Rakesh Jhunjhunwala
Rakesh Jhunjhunwala

A lot of investors on Dalal Street try and fine-tune their portfolio in tandem with marquee investor Rakesh Jhunjhunwala's investing strategies. Jhunjhunwala, often referred to as India's Warren Buffett, is said to have a knack for picking multibaggers. But his investment in has been mostly a no-show in terms of returns ever since its stellar debut on bourses.

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First Published: Thu, August 05 2021. 11:18 IST
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