Top Gaming Stocks in India

India's Internet story is remarkable, and Internet penetration in even the most remote corners of the country is a monumental task that speaks volumes about the Indian growth story. As a result, the gaming industry in India is expanding rapidly. The Indian digital industry is rapidly expanding, and the country is on track to surpass 900 million Internet subscribers by 2025.

In the middle of all of this, the Indian gambling business is proving to be one of the most thriving industries in the country. The Indian gaming business is worth 1.8 billion dollars and is expected to grow at a 38% CAGR between 2017 and 2022, while the worldwide video game market is expected to be worth 184.4 billion dollars in 2022. Also, India is the world's largest market for mobile gaming apps.

With top gaming companies in Bangalore, Mumbai, Delhi, and other prominent states of the country, India has a strong foundation to become the global gaming industry's centre, with the government taking steps to support this industry.

What is the future of the Gaming Industry in India

The worldwide gaming business is on the rise. To put things in context, Marvel's Avengers Endgame made 850 million dollars, whereas Call of Duty - Modern Warfare, which was released the same year, made 1.9 billion dollars.

India is already one of the top gaming markets, and the sector is predicted to grow to more than $10 billion in the next decade. "It is very difficult to imagine, but gaming will be bigger than music, movies, and television shows combined," India's richest person recently stated.

For example, Ludo King's parent firm made a whopping $20 million in revenue in 2020. In India, there are around 6,00,000 e-sports participants and 1,000 e-sports teams. In addition, India has 400 million gamers and around 500 gaming developers.

As a result, investing in the best gaming firms in India can help you develop wealth between 5 and 10, demonstrating the value of investing early in the stock market to take advantage of compounding.

Top Gaming Stocks in India in 2023

1). Nazara Technologies

Nazara Technologies is a renowned gaming and sports media platform located in India. It is one of the top gaming stocks in India that offers interactive and immersive gaming services across various platforms such as eSports, interactive gaming, and gamified learning ecosystems. The current share price of Nazara Technologies is Rs. 564 per share.

2). Zensar Technologies Limited

Zensar Technologies is a renowned digital and technology-based firm headquartered in Mumbai, with operations in 18 countries. Zensar is committed to supporting game firms in maximising the benefits of speed and efficiency, and has established a specialised Game Testing Centre of Excellence. The share price of Zensar Technology is Rs. 213 per share.

3). Delta Corporation

Delta Corporation, formerly known as Arrow Webtex Limited, is India's largest gaming corporation, operating in the online skill gaming, gaming, and hospitality sectors. With over 2000 live gaming positions, it is the gaming brand in India that is listed in the Casino gaming industry. The share price of Delta Corporation Limited is Rs. 213 per share.

4). Tech Mahindra

Tech Mahindra is a well-known company in the digital technology industry, offering complete IT and IT-enabled services, consultancy, and enterprise business solutions to corporations and individuals both within and outside of India. More than 150,000 employees work for the organization in over 90 countries around the world.

Conclusion

The above companies are among the top gaming shares in India that are listed on stock exchanges and can be viewed as a promising long-term investment opportunity as the gaming industry is poised to become the next big thing in the Indian corporate industry due to drastic technological advancements and other major corporate giants backing them.