Headline : Stocks that were hit badly by Market Regulators? What should Investors do?

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by Trade Brains | Jul 26, 2024 | Market, Stocks | 6 comments

Recent regulatory actions have sent shockwaves through several sectors of the Indian stock market, particularly impacting companies in the gaming, fintech, and brokerage industries. Firms like Delta Corp, Nazara Technologies, Angel One, and Paytm have seen their stock prices plummet dramatically in response to new rules and enforcement measures.

These regulatory interventions, aimed at protecting consumers and ensuring market integrity, have raised questions about the future profitability and business models of affected companies. Investors are now grappling with the challenge of assessing the long-term implications of these regulatory changes and their potential impact on company valuations. In this article we will examine the recent regulatory landscape and its effects on key players in these sectors.

Nazara Technologies has been significantly impacted by the implementation of a 28% GST on online gaming. The company’s stock had been severely affected this year as the shares of the company fell from a recent high of ₹ 900+ to ₹ 600, raising concerns about the viability of its gaming segments. Investors were particularly worried that the high tax rate, applied to the full face value of bets, will discourage casual gamers, potentially leading to reduced user engagement and revenue.

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