Name: Latest research reports of Go Fashion (India) Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Go Fashion (India) Ltd.
Rating: 5
Author: ICICI Securities Limited

Go Fashion (India) Ltd.

NSE: GOCOLORS | BSE: 543401 | ISIN: INE0BJS01011 | Industry: Other Apparels & Accessories
| Expensive Performer

870.6000 3.55 (0.41%)

NSE Jun 06, 2025 15:31 PM

38.16% Fall from 52W High

Volume: 110.8K

Go Fashion (India) Ltd.

07 Nov 2022, 12:00AM

870.60

0.41%

Revenue up, working capital improves. Lower margins in short term

Buy: Go Fashion (India) Ltd.

Target

ICICI Securities Limited

2QFY23 revenue print of Rs1.66bn (up 48% QoQ) was good. Higher EOSS sequentially (GM dilutive) and sharp increase in other opex (mainly ad-spends) led to (reported) EBITDA margin print of 29.8%.

Promoters pledged 3.97% of shares in last quarter. Total pledge stands at 21.35% of promoter holdings