NSE: GOKEX | BSE: 532630

Mid-range Performer

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816.70 33.90 (4.33%)

High volume today

NSE 17 Sep, 2025 3:31 PM (IST)

5,980.6

Market Cap

High in industry

1.1

Beta 1Year

High Volatility

Gokaldas Exports Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for GOKEX, BSE:532630 Gokaldas Exports Ltd.

Gokaldas Exports Ltd.

01 Nov 2023

816.70

4.33%

Temporary blip; bigger picture intact

Buy: Gokaldas Exports Ltd.

Target

ICICI Securities Limited

Gokaldas Exports (GEXP)’s Q2FY24 consolidated EBITDA, at INR 470mn (down ~28% YoY), was below our expectations. Revenue at ~INR 5bn was down ~12%/3% YoY/QoQ owing to continued demand softness and inventory liquidation in GEXP’s end-market (US).

Gokaldas Exports Ltd.'s price crossed above 50Day SMA today

Gokaldas Exports Ltd.

31 Oct 2023

816.70

4.33%

Gokaldas Exports | Q2FY24 Result Update

Buy: Gokaldas Exports Ltd.

Target

Edelweiss

Earnings subdued, revival on the cards

Gokaldas Exports Ltd. has an average target of 1071.67 from 3 brokers.

Gokaldas Exports Ltd.

30 Aug 2023

816.70

4.33%

ATRACO acquisition likely to boost revenues

Buy: Gokaldas Exports Ltd.

Target

ICICI Securities Limited

Gokaldas Exports (GEXP) has signed a definitive agreement with the shareholders of UAE-based apparel maker, ATRACO, to acquire 100% of the latter’s equity for a total consideration of up to USD 55mn funded through debt (73%) and internal accruals (27%). ATRACO exports 95% of its production to the US (primary market for GEXP) and has nearly mutually exclusive customer base with GEXP.

Gokaldas Exports Ltd.'s price crossed above 50Day SMA today

Gokaldas Exports Ltd.

29 Aug 2023

816.70

4.33%

Gokaldas Export

Buy: Gokaldas Exports Ltd.

Target

Sharekhan

ICICI Direct upgraded Gokaldas Exports Ltd. to Buy with a price target of 950.0 on 17 Sep, 2025.

Gokaldas Exports Ltd.

09 Aug 2023

816.70

4.33%

Steady quarter...

Buy: Gokaldas Exports Ltd.

Target

ICICI Securities Limited

Gokaldas Exports’ (GEXP) Q1FY24 consolidated EBITDA at INR 602mn, down 17% YoY, was slightly below our expectations. Revenue at ~Rs5bn was down 16% / 2% YoY / QoQ owing to continued demand softness and inventory liquidation in the company’s end-market (US). Management maintains its guidance of demand revival in the US H2FY24 onwards as, by then, retailers will place fresh orders for spring / summer of CY24.

Gokaldas Exports Ltd. is trading above its 50 day SMA of 804.3

Gokaldas Exports Ltd.

08 Aug 2023

816.70

4.33%

Gokaldas Export

Buy: Gokaldas Exports Ltd.

Sharekhan

ICICI Direct upgraded Gokaldas Exports Ltd. to Buy with a price target of 950.0 on 17 Sep, 2025.

Gokaldas Exports Ltd.

24 Jul 2023

816.70

4.33%

Gokaldas Exports | Long Term Recommendation

Buy: Gokaldas Exports Ltd.

Edelweiss

Weaving the opportunities together

Gokaldas Exports Ltd. is trading at high day volume of 2.0M.

Gokaldas Exports Ltd.

19 Jun 2023

816.70

4.33%

Story intact; expect minor bumps ahead

Buy: Gokaldas Exports Ltd.

ICICI Securities Limited

Gokaldas Exports (GEXP) has delivered stellar returns (<25%) in the past one month as we believe the street seems to have factored in the exuberance (China+1, margin expansion, etc.) a bit too early. A few concerns: 1) As per the latest exports data, India’s Apr-May’23 RMG exports are down ~12% YoY.

ICICI Direct upgraded Gokaldas Exports Ltd. to Buy with a price target of 950.0 on 17 Sep, 2025.

Gokaldas Exports Ltd.

30 May 2023

816.70

4.33%

Sailing smoothly in turbulent tides

Buy: Gokaldas Exports Ltd.

ICICI Securities Limited

Gokaldas Exports’ (GEXP) Q4FY23 consolidated EBITDA at Rs701mn, although down 8.5% YoY, was above our / consensus expectations. Revenue at Rs5.2bn was flat QoQ (down 11% YoY) due to soft demand scenario in the company’s end-market (US).