India's Go Fashion gains on June quarter earnings rise

Go Fashion (India)

31/07/2023 09:46

** Shares of Go Fashion (India) Ltd  GOFA.NS  rise as much
as 3.33% to 1,209.30 rupees apiece after reporting uptick in
June quarter earnings
    ** Apparel retailer posts 7.53% Y/Y increase in June quarter
PAT
    ** Revenue from operations up 15.15% 
    ** EBITDA margin expands to 33.78% from 32.14%
    ** Trading volume is 157,532 shares as of 1:59 p.m. IST,
twice the 30-day avg - Refinitiv data
    ** Of the eight analysts tracking GOFA, five rate it 'strong
buy,' three 'buy;' median TP is 1,383.50 rupees - Refinitiv
    ** Stock down 0.73% this year

    

 (Reporting by Bharath Rajeswaran in Bengaluru)
 ((bharath.rajeswaran@thomsonreuters.com; +91 9769003463))