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GOCOLORS Go Fashion (India) News Story

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Indian apparel retailer Go Fashion rises after bulk deal

BUZZ-Indian apparel retailer Go Fashion rises after bulk deal

** Shares of Go Fashion (India) GOFA.NS jump 6.61% to 401.60 rupees

** Mahalakshmi Electronics bought 500,000 shares in the apparel retailer at 366.23 rupees apiece in a bulk deal, exchange data shows

** Trading vols at 2.66 million shares vs 30-day average of 1.33 million shares

** GOFA rated "buy" on average by 8 analysts, median PT at 343 rupees -- data compiled by LSEG

** YTD stock down 13.2%


(Reporting by Surbhi Misra in Bengaluru)

((Surbhi.Misra@thomsonreuters.com | X: https://twitter.com/SurbhiMisra_ |;))

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