MCPro | In our special segment 'Ideas For Profit', Money Control com's Nandish Shah tells us why Faze Three is an interesting stock to bet on.

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Money Control Pro Ideas For Profit: Faze Three | CNBC TV18

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.

Rs 43 to Rs 408: This textile stock turned into a multibagger in three years

Indian mutual funds purchased equities worth Rs 2,447 crore in May, compared to selling Rs 4,533 crore in April, according to IDBI Capital. In the small-cap sector, some of the major holdings added to portfolios include Jupiter Wagons, Nexus Select Trust, Carysil, Chennai Petroleum Corp and Faze thr…

Jupiter Wagons, Faze Three among top smallcap additions by MFs in May; Dollar Industries, Sirca Paints major exits

Faze Three Consolidated December 2022 Net Sales at Rs 132.14 crore, down 0.01% Y-o-Y

Faze Three consolidated net profit rises 14.70% in the December 2022 quarter

Faze Three Auto Standalone September 2022 Net Sales at Rs 39.34 crore, up 1.97% Y-o-Y

Faze Three Consolidated September 2022 Net Sales at Rs 136.96 crore, up 16.71% Y-o-Y

Faze Three Standalone September 2022 Net Sales at Rs 135.42 crore, up 11.72% Y-o-Y

CARE has given a ‘CARE A-; Positive/CARE A2+’ rating to Company’s Long-term/short-term bank facilities.

CARE revises ‘Positive’ outlook on Faze Three’s bank facilities worth Rs155 crore; stock skids ~2.5%

Faze Three - Diversified Product Basket, Strong Cliental Base Bodes Well: HDFC Securities Initiates Coverage

Multibagger stocks: Ashish Kacholia has raised stake in Faze Three from 4.66 per cent to 5.04 per cent in June 2022 quarter

Ashish Kacholia portfolio: ‘Big Whale’ raises stake in these multibagger stocks

Hasn't fared well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Financials growth has been moderate for a few years

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is underpriced and is not in the overbought zone

Current price is less than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

The Company is engaged in manufacturing blankets, shawls, carpets, rugs and other similar textile products. The Company exports its products to the United States, the United Kingdom, Canada, Germany, Australia, South Africa and Brazil.

Faze Three Ltd