Celebrity investor Ashish Kacholia has increased stakes in Faze Three Ltd in the quarter ended December 31, 2021. In the December quarter, Kacholia has picked up additional 1.9 per cent stake in the textile company. As per the BSE December corporate filings, the ace investor now has 4.63% holding of the company or 11,25,688 equity shares. Kacholia held 6,75,688 equity shares or 2.78 per cent stake in the company in the quarter ended September 31, 2021.  

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Shares of Faze Three Ltd surged 5 per cent to Rs 398 per share on the BSE in early trade after the celebrity investor raised stake in this textile share. However, around 12 pm, the shares corrected by 2 per cent or Rs 7.55 to trade at Rs 371.95 per share on the BSE.  

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Shares of Faze Three Ltd have surged 17% in three months, more than 170% in six months and nearly 500 per cent in the last one year as on January 11, 2022.    

Earlier, Kacholia has also took a fresh position in multibagger chemical stock Yasho Industries. Besides, he picked additional stakes in small-cap pharma company Kwality Pharmaceuticals and also raised stake in packaging company Xpro India Limited by 0.3% and 0.4% respectively.   

The celebrity investor chose to keep the position unchanged in ADF Foods Ltd, VRL Logistics Ltd, Acrysil Ltd and Tarc limited to 1.1%, 1.4%, 3.8% and 1.5% respectively.  

As per the latest corporate shareholdings, Ashish Kacholia publicly holds 27 stocks with a net worth of over Rs. 1,799.9 crore as on January 11, 2022, showed Trendlyne data.