India, Oct. 11 -- Faze Three's China+1 opportunity is more nuanced than simply replacing Chinese textile exports with Indian exports. The company has already established the manufacturing infrastructure, customer relationships and export distribution needed to participate in global sourcing diversification. The potential earnings opportunity therefore lies in bringing together incremental global demand and underutilised Indian capacity.

With a market capitalization of Rs. 1,003.71 crore, the shares of Faze Three Ltd were trading at Rs. 408.05 per share, down 4.35 percent from its previous closing price of Rs. 426.60 apiece. The stock trades at a P/E of 32.60x on a consolidated basis.

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