Page 2 - Faze Three News Today

According to a July 9 filing on BSE, Kacholia trimmed his equity stake by 52 bps to 3.81% but later added 10 bps to bring it to 3.91% at the end of the September quarter.

The celebrity investor reduced his stake in Safari Industries in the September-ended quarter to 2.1% from 2.29% in the April-June period. On Monday, the stock today fell over 1% to the days low of Rs 4,202.70 on the NSE. It has fallen over 6% in the last five trading sessions.

From the Sensex pack, Tata Steel, HCL Tech and Axis Bank closed higher, while Nestle India, TCS, IndusInd Bank, and Asian Paints closed in the red

Prominent equity market investors such as Vijay Kedia, Dolly Khanna, Ashish Kacholia, Sunil Singhania, Mukul Agrawal, Anil Kumar Goel and Seetha Kumari who are closely monitored by market participants, have upped their investments in at least 10 small-cap stocks during the July-September 2023 quarter (Q2 FY24). In this visual story (VS), we will share details of these counters.

Ace investor Ashish Kacholia has added two smallcap multibagger stocks to his portfolio during the June quarter. Kacholia picked up a 1.6% stake in Ugro Capital and 1.2% in SG Finserve, both companies in which he hasnt had any holding previously.

The market is likely to sustain the momentum, as stock-specific action will pick up with the onset of the Q1FY24 earnings season, Siddhartha Khemka of Motilal Oswal Financial Services has said

Multibagger stock: Faze Three shares, which closed at Rs 43.25 on June 26, 2020 rose to Rs 408.05 in the previous session (June 27, 2023), clocking over 800% returns during the period. In comparison, Sensex has risen 80.31% in three years.

Faze Three shares have provided a whopping return of almost 5,700% in the past decade, reaching almost INR 6 lakh from an initial investment of INR 10,000. The stock has witnessed a surge of 1,103% and offered returns of 302% in the last three and five years, respectively. The company is a majority-promoter-owned home interior product manufacturer and exporter with a market capitalization of INR 933 crore. Domestic funds have made Faze Three one of their top picks for the month. Technical analys...

Ace investor Ashish Kacholia has sold a partial stake in D-link (India) through bulk deals, with him selling 3.69 lakh shares of 1.04% in the company at Rs 227.91 apiece. Kacholia has taken home around Rs 8.43 crore through the sale, and has decreased his stake in the company by a total of 1.6%.

Among sectors, the Nifty Auto index added 4.2 percent, the Bank index 2.6 percent, and Realty index was up 1.7 percent, while the Nifty PSU Bank index fell 4 percent