The value of Kamath’s importance fell from RS 211 Crore on August 19 to RS 152.7 Crore, which translated into a loss of approximately RS 58.30 Crore in just four days. The importance of Kela fell from RS 153.63 Crore to RS 111.25 Crore during the same period, wiped out over RS 42.38 Crore.
According to their quarterly possession in June 2025, Kamath Associates, owned by Nikhil Kamath, 15.04 Lakh shares (1.62%), while Madhusudan Kela has 10.96 Lakh shares (1.18%) in Nazara.
These are Mark-Tot market losses based on the current prices. Investors can still be on overall profit, depending on when they have built up the shares because their purchase prices could have been considerably lower.
The stock, which fell 26.6% during this period, today reached an intraday layer of RS 1,014.75 on the BSE, by 11% decrease in a single session.
In stark contrast, Rekha Jhunjhunwala, wife of the deceased Rakesh Jhunjhunwala, had completely left Nazara in June 2025, months before the proposed online gaming regulations of the government had delivered a Meltdown in the shares. 1,225 per share, which is approximately RS 334 Crore nets. Her exit also marked the closure of the late Rakesh Jhunjhunwala’s interest of 10.82% in the company that she had inherited. During investor issues, icici securities, reduced Nazara technologies to ‘(from advertisement) reduced’ (of our display ‘(in our representation of the regulation. The implementation of the bill would essentially make real money gaming in India … Given the prohibition on RMG, we have already with this with this with the RMG with this with the RMG with this with the rmg with the rmg, the rmg. today.
Technically, the momentum indicators remain weak, with RSI on 40 trending downwards, which indicates further bearish pressure, while the MACD has given a negative crossover, which confirms the constant weakness.
“Persistent trade above RS 1,050 will be the first sign of strength, while a breakdown under RS 900 can invite a deeper correction,” Mandar Bhojane, senior technical and derivate analyst at Choice Broking suggested.
((Indemnification: Recommendations, suggestions, views and opinions of the experts are their own. These do not represent the views of economic times)
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