Home / Markets / News / Shares of this textile company soar 44% in 2 days as Kacholia buys stake

Shares of this textile company soar 44% in 2 days as Kacholia buys stake

On Friday, September 3, 2021, Ashish Rameshchandra Kacholia purchased 675,688 equity shares, representing 2.78 per cent stake of Faze Three at price of Rs 205.20 per share via bulk deal on the BSE

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3 min read Last Updated : Sep 06 2021 | 2:31 PM IST

Shares of Faze Three were locked in the upper circuit for the second straight day on Monday, up 20 per cent at Rs 272.55 on the BSE, also its fresh record high level. In the past two sessions, the stock has rallied 44 per cent after investor Ashish Kacholia bought nearly 3 per cent stake in the firm for Rs 13.87 crore.

On Friday, September 3, 2021, Ashish Rameshchandra Kacholia purchased 675,688 equity shares, representing a 2.78 per cent stake of Faze Three at a price of Rs 205.20 per share via bulk deal on BSE, the exchange data shows.

Ajay Anand,

Topics : Buzzing stocks Markets textile industry

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