India's Go Fashion jumps after Q1 profit climb

Go Fashion (India)

24/07/2024 08:32

** Shares of Go Fashion (India) Ltd  GOFA.NS  rise as much
as 11.5% to 1,179.90 rupees
    ** Owner of women's fashion brand 'Go Colours' reports 9%
rise in Q1 profit, with rev up ~16%
    ** GOFA highlights positive same-store sales growth in June,
says it is hopeful that momentum will continue
    ** Over 269,000 shares traded, 4.4x 30-day avg volume
    ** Analysts tracking stock rate it "buy" on avg - LSEG data
    ** Stock trims YTD losses to 15.5%


 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))