As soon as the central government introduced the Online Gaming Bill 2025 in the Lok Sabha, investors got a big shock! The share of Nazara Tech Company has fallen by 22% in two days, causing an atmosphere of fear in the stock market. And also, since brokerage houses have also downgraded the rating of Nazara Tech Company, an atmosphere of great fear has been created among all common investors.
As soon as the Online Gaming Bill 2025 was introduced, an atmosphere of fear has been created among investors. The shares of companies related to the gaming sector are continuously falling, while the share of Nazara Tech has fallen the most. This gaming stock has fallen by almost 22% in just two days. Not only this, but brokerage houses have also increased the concerns of investors by downgrading the rating of Nazara Tech.
Shares fall as soon as the Online Gaming Bill 2025 is introduced
As soon as the central government introduced the Online Gaming Bill 2025 in the Lok Sabha, Nazara Tech shares have fallen sharply. On Wednesday, Nazara Tech shares fell by 12.88% to close at Rs 1,397 from Rs 1,220.
This fall did not stop on Thursday either. Nazara share price fell to Rs 1,085 within a short time after opening at Rs 1,178. In just two trading days, Nazara Tech’s share price has fallen by a whopping 22%.
Along with this, Nazara Tech’s market cap has fallen significantly to around Rs 10,210 crore. This sharp decline has created excitement among investors and there is a lot of volatility in the market.
Brokerage houses downgrade the rating with target
After the central government introduced the Online Gaming Bill 2025 in the Lok Sabha, brokerage houses have taken a negative view on Nazara Tech shares. In line with this, ICICI Securities has cut the target price of Nazara Tech by a whopping 27% to ₹1,100 from ₹1,500.
According to ICICI Securities, this decision has been taken as the company’s future earnings may be under pressure in the wake of the online gaming bill.
In addition, the rating of Nazara Tech has also been changed from ‘Add’ to ‘Reduce’, due to which the brokerage firm has advised investors to be cautious about this stock.
Online Gaming Bill 2025 has a major impact on Nazara Tech
ICIC Securities said in its note that after the bill introduced by the central government in the Lok Sabha to regulate the online gaming sector is passed, real money online gaming in the country will be completely suspended.
This decision is likely to directly affect Nazara Technologies. The main reason for this is that Nazara Tech has a large stake in Moonshine Technologies, which runs real money gaming platforms like PokerBaazi.
ICICI Securities has clarified in its report that the valuation of Moonshine Technologies has been brought down to zero (₹0) from the previous ₹400 crore. This could have a major impact on the overall financial position of the company.
Large investors lose ₹300 crore due to Nazara Tech share crash
The Nazara Tech share crash has not only affected small investors but also large investors. In just two days, the total stake of major investors in the company has been lost by an estimated ₹300 crore.
According to a Business Today report, the major investors in Nazara Tech as of June 30, 2025, had the following stakes:
- Nikhil Kamath (Co-founder of Zerodha) → 3.51% stake
- Madhusudan Kela (Experienced Investor) → 1.18% stake
- Arpit Khandelwal (Co-founder of Plutus Wealth Management) → 7.44% stake
In just two days, the total value of the investment of these three has lost approximately ₹300 crore due to the massive collapse in share prices.
Disclaimer: The information written in this article is for educational purposes only. If you want to invest in the share market, you should learn about the share market yourself or consult a financial advisor and certified expert. The share market is subject to risk. Before making any investment, you must consult an expert.
Conclusion
In this article, you have been told in detail about the Online Gaming Bill 2025 brought by the central government, the collapse of Nazara Tech’s stock, the atmosphere of fear created among investors. If you liked the information given in this article, then you will like, share and comment on this article.
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