Faze Three locked at 20% upper circuit after large bulk deals

Around 1.05 million equity shares representing 4.3 per cent of equity changed hands in two bulk deals on the BSE, the exchange data shows.

Shares of Faze Three were locked at the 20 per cent upper circuit at Rs 227.15 on the BSE on Friday after 4.3 per cent (1.05 million shares) of total equity of the textile company changed hands in two bulk deals.

The stock hit a record high today and has surged a whopping 64 per cent in past one month, as compared to 7.7 per cent gain in the S&P BSE Sensex. In past three months, the stock has zoomed 131 per cent against 11 per cent rise in the benchmark index.

At 10:45 am; 503,114 shares changed