SBI Mutual Fund has sold a 2.4% stake in Nazara Technologies for around Rs 216 crore. Despite this significant divestment, Nazara shares jumped 6.7%, closing at Rs 253.3 on the NSE, following a period of consolidation over the past couple of days.
Meanwhile, Smallcap World exited a 5.2% stake in Entero Healthcare, marking another notable move in the SME and midcap segment.
The strong market response to Nazara’s stake sale highlights sustained investor interest and underlying confidence in the company’s growth prospects.
