NSE: GOCOLORS | BSE: 543401

Mid-range Performer

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869.80 -8.20 (-0.93%)

38.22% Fall from 52W High

47,404 NSE+BSE Volume

NSE 27 Jun, 2025 3:51 PM (IST)

4,697.7

Market Cap

High in industry

0.7

Beta 1Year

Very Low volatility

Go Fashion (India) Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for GOCOLORS, BSE:543401 Go Fashion (India) Ltd.

Go Fashion (India) Ltd.

01 Nov 2023

869.80

-0.93%

Navigating short-term demand issues

Buy: Go Fashion (India) Ltd.

ICICI Securities Limited

Go Fashion reported revenue growth of 15% YoY driven by continued EBOs expansion (+19% YoY), while SSSG declined by 1% YoY (same-store volume declined by 6%) due to subdued consumer demand environment and seasonality shift. However, ~6% increase in average selling price is reflective of continued improvement in revenue mix (premiumisation from value-added products).

Go Fashion (India) L.. has an average target of 1125.00 from 4 brokers.

Go Fashion (India) Ltd.

06 May 2023

869.80

-0.93%

EBOs scaling up well. LFS faces one-off challenges

Buy: Go Fashion (India) Ltd.

Target

ICICI Securities Limited

In EBO channel (~74% revenue saliency) we liked the strong value (at 38%), volume (at 25%) and SSSG (at 17%: including 6% price hike, 5% volume and 6% from NPDs) led revenue performance. 10% increase in average selling price is reflective of improvement in revenue mix (from value-added products).

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

Go Fashion (India) Ltd.

27 Jan 2023, 12:00AM

869.80

-0.93%

Realising the benefits of upselling

Buy: Go Fashion (India) Ltd.

Target

ICICI Securities Limited

We like the high double-digit SSSG (both YoY and vs. pre-covid quarters) in EBO stores (73% saliency) in Q3FY23 while LFS maintained high-growth momentum. This was driven by premiumisation benefits (through category extensions, higher ASP) given that there was no price hike.

Go Fashion (India) Ltd. is trading above its 100 day SMA of 802.9

Go Fashion (India) Ltd.

07 Nov 2022

869.80

-0.93%

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%.

Go Fashion (India) Ltd. is trading above its 100 day SMA of 802.9

Go Fashion (India) Ltd.

11 Aug 2022

869.80

-0.93%

Great quarter, Decent internals, Good investments

Buy: Go Fashion (India) Ltd.

Target

ICICI Securities Limited

We like the increased ad-spends in the quarter (4.9% of sales vs typical 2%) – these are good spends and we expect (good) brands to increase it in the near-term given most have under-invested for last two years; that said, only limited ones have the required headroom given the inflationary pressure.

Go Fashion (India) Ltd. is trading above its 100 day SMA of 802.9

Go Fashion (India) Ltd.

10 May 2022

869.80

-0.93%

On the right track – the repeatability ‘template’ is intact

Buy: Go Fashion (India) Ltd.

ICICI Securities Limited

We liked the intent to (1) drive investments (on tech., A&P (maybe a slight increase), building another (small) warehouse to drive efficiencies) and not be complacent, (2) comfort on margins (price increases taken), (3) continued thrust on EBO store addition (intent is to add 120-130 stores each year going forward), and (4) active (RM) inventory management given the challenges.

Go Fashion (India) Ltd. is trading below its 150 day SMA of 873.1

Go Fashion (India) Ltd.

16 Nov 2021

869.80

-0.93%

Go Fashion (India) Limited (Go Colors) - IPO Note - 16112021

IPO Note: Go Fashion (India) Ltd.

HDFC Securities

Issue Open: Nov 17 Nov 22 2021 Price Band: Rs. 655 690 *Issue Size: Rs 1014.0 cr (Fresh issue of Rs 125 cr+ offer for sale of 12,878,389 eq sh) Reservation for: QIB atleast 75% eq sh Non Institutional Upto 15% eq sh Retail Upto 10% eq sh Go Fashion (India) Limited (Go Colors) - IPO Note

Go Fashion (India) L.. has an average target of 1125.00 from 4 brokers.

Go Fashion (India) Ltd.

16 Nov 2021

869.80

-0.93%

Go Fashion (India) Limited

IPO Subscribe: Go Fashion (India) Ltd.

Angel Broking

Incorporated in 2010, Go Fashion (India) Limited is one of the largest womens bottom-wear brands in India. The company is engaged in the development, design, sourcing, marketing, and retailing of a range of womens bottom-wear products under the brand, Go Colors. The company offers one of the widest portfolios of bottom-wear products among womens apparel

Go Fashion (India) Ltd. has gained 27.14% in the last 3 Months

Go Fashion (India) Ltd.

16 Nov 2021

869.80

-0.93%