Nazara Technologies' stock surged despite a weak Q2 performance, driven by strategic acquisitions aimed at boosting revenue and margins. The company, focusing on esports and skill-based gaming, has seen promoter and institutional investor holdings decrease. Analysts remain optimistic about Nazara's growth prospects, citing potential profitability improvements from recent acquisitions.
Stanford PhD students, Larry Page and Sergey Brin, created Google, a search engine initially rejected by Yahoo and Excite. Google's AdWords revolutionized digital advertising, propelling its growth. Yahoo missed opportunities to acquire Google, ultimately losing its competitive edge in the search market.
