Nazara Technologies, Onmobile shares down sharply after Parliament passes online gaming ban bill

Companies having exposure to online games are in a sharp decline today. This, after the Parliament passed the bill to ban money-based online games, yesterday. At 11:25 a.m. IST, 22^nd August, 2025, Nazara Technologies’ share is down by 3.71%, trading at Rs 1,160.50. Onmobile Global is down by 2.11% at this time, trading at Rs 52.47 per share. Nifty 50 index is down by 0.66% at this time.

Year-to-date, Nazara Technologies’ share has given return of 15.52% to investors, in 2025. Year-to-date return of Onmobile Global , as at the end of the day, 21^st August, has been – 23.11%. If the declines in the past three days in these stocks – because of the coming of the ban bill – is not taken into account then their year-to-date return would be higher. In the past three days, Nazara Technologies share has lost 16.03%. In this period, Online Mobile shares lost 2.60%.  Year-to-date return given by Nifty 50 is 4.98%.

The ban may come as a death-blow for many companies operating in the sector

The passing of the bill may be a death-blow for many companies operating in the online gaming sector. The bill bans all forms of online gaming that involve money component. It does away with the distinction between skill based games and luck based games. Before this bill was passed, money based online games that involved skills were allowed by the government.

Disclaimer : This content is only for informational purpose. It does not make any recommendation to act or invest. To get any error corrected, please write to content@hdfcsec.com.

 Source: HDFC Securities Prime Research