Go Fashion (India) Ltd. (GOCOLORS) Share Price Rises 9.42% Today

Go Fashion (India) Ltd. Share Price rises 9.42% today, reaching Rs 353.05 with a market cap of Rs 1,647.83 crore.

Go Fashion (India) Ltd. Share Price has experienced a significant rise today, closing at Rs 353.05, marking a 9.42% increase from the previous close of Rs 322.65. This upward movement places the company's market capitalisation at Rs 1,647.83 crore, categorising it within the Small Cap segment.

The stock opened at Rs 326.45 and reached a high of Rs 353.65, with a low of Rs 309.4 during the day. The total volume traded was 19,39,864 shares, with a turnover of Rs 1.79 crore. This activity indicates a robust interest in the stock, contributing to its position as a top gainer in the market today. While the data confirms the price event, it does not establish a company-specific catalyst for this rise.

Go Fashion (India) Ltd. (GOCOLORS) Share Price Today: Price Action Analysis

Metric	Value
Current Price	Rs 353.05
Previous Close	Rs 322.65
Today's Change	+Rs 30.4 (+9.42%)
Day Open	Rs 326.45
Day High	Rs 353.65
Day Low	Rs 309.4
Current Volume (BSE)	50,703
BSE Traded Volume	50,703
NSE Traded Volume	18,89,161
Combined NSE + BSE Volume	19,39,864
Turnover	Rs 1.79 crore
Market Capitalisation	Rs 1,647.83 crore
Market Cap Category	Small Cap

Go Fashion (India) Ltd. (GOCOLORS) traded at Rs 353.05. versus the previous close of Rs 322.65, a rise of 9.42%. The stock opened at Rs 326.45, reached Rs 353.65, touched Rs 309.4. Reported volume was 50,703.

Go Fashion (India) Ltd. (GOCOLORS) Fundamental Analysis

Metric	Value
Market Capitalisation	Rs 1,647.83 crore
P/E Ratio	28.68x
P/B Ratio	2.46x
ROE	-1.5%
ROCE	6.38%
EPS	Rs 11.25
Dividend Yield	0%

Go Fashion (India) Ltd. was valued at a P/E ratio of 28.68x, a P/B ratio of 2.46x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.

Profitability and capital efficiency were represented by ROE of -1.5% and ROCE of 6.38%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.

Per-share and shareholder-return metrics included EPS of Rs 11.25, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.

Go Fashion (India) Ltd. is currently valued at a market capitalisation of Rs 1,647.83 crore. The company's P/E ratio is 28.68, which is slightly below the industry average of 29.03, indicating a fair valuation. The P/B ratio of 2.46 is above the industry average of 1.73, suggesting a premium valuation relative to its book value.

The company's return on equity (ROE) is -1.5%, which is below the industry average of 5.25%, indicating challenges in generating returns on shareholder equity. However, the return on capital employed (ROCE) is 6.38%, above the industry average of 4.89%, suggesting efficient capital utilisation.

With an earnings per share (EPS) of Rs 11.25 and no dividend yield, the company focuses on reinvesting earnings for growth. The absence of a dividend yield indicates a strategy prioritising growth over immediate shareholder returns. Investors should consider these fundamentals when evaluating the stock's potential.

Sector and Industry Context

Metric	Value
Sector	Retailing
Industry	Retailing
Benchmark Scope	same industry
Company P/E Ratio	28.68x
Benchmark Median P/E	17.65x
Benchmark Average P/E	29.03x
Benchmark P/E Range	0.92x to 300.1x
Company P/B Ratio	2.46x
Benchmark Median P/B	1.51x
Company ROE	-1.5%
Benchmark Median ROE	0.92%
Company ROCE	6.38%
Benchmark Median ROCE	5.33%
Company Market Capitalisation	Rs 1,647.83 crore
Benchmark Median Market Cap	Rs 85.93 crore

Go Fashion (India) Ltd. (GOCOLORS) is classified under sector: Retailing and industry: Retailing.

Go Fashion (India) Ltd. (GOCOLORS) has a P/E ratio of 28.68x, which is above the benchmark median of 17.65x, a difference of +62.49%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.

Go Fashion (India) Ltd. (GOCOLORS) has a ROE of -1.5%, which is below the benchmark median of 0.92%, a difference of -263.04%. Go Fashion (India) Ltd. (GOCOLORS) has a ROCE of 6.38%, which is above the benchmark median of 5.33%, a difference of +19.7%.

Track today's top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.

Go Fashion (India) Ltd. operates within the retailing sector, which comprises 53 companies in the same industry. The company's P/E ratio of 28.68 is slightly below the industry average of 29.03, suggesting a fair valuation. The P/B ratio of 2.46 is above the industry average of 1.73, indicating a premium valuation.

The sector's median market capitalisation is Rs 85.93 crore, with Go Fashion (India) Ltd. positioned well above this median at Rs 1,647.83 crore. The company's ROE of -1.5% is below the industry median of 0.92%, while its ROCE of 6.38% is above the industry median of 5.33%, highlighting its efficient capital utilisation.

Overall, the retailing sector presents a diverse range of companies with varying valuations and performance metrics. Go Fashion (India) Ltd.'s position within this sector reflects its potential for growth and market presence.

Peer Comparison

Company	Symbol	Market Cap (Cr)	P/E	P/B	ROE (%)	ROCE (%)
SHANKARA BUILDPRO LIMITED	BUILDPRO	2,896.22	23.34	5.46	0	0
Baazar Style Retail Ltd.	STYLEBAAZA	2,071.91	43.77	4.11	-18.54	7.68
PNGS REVA DIAMOND JEWEL L	PNGSREVA	1,420.72	21.97	2.76	6.57	5.33
Sai Silks (Kalamandir) Ltd.	KALAMANDIR	1,350.39	9.97	1.06	20.13	19.44
Patel Retail Ltd.	PATELRMART	745	19.08	2.05	25.84	11.05

Go Fashion (India) Ltd. (GOCOLORS) has a P/E ratio of 28.68x compared with the displayed peer median of 21.97x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of -1.5% compares with a peer median of 6.57% across the companies shown in the table. ROCE stood at 6.38% versus the displayed peer median of 7.68%, providing a capital-efficiency comparison. Go Fashion (India) Ltd. (GOCOLORS) has a market capitalisation of Rs 1,647.83 crore. Among the 5 peers shown, 2 have a larger market capitalisation.

In comparison to its peers, Go Fashion (India) Ltd. holds a competitive position. The company's P/E ratio of 28.68 is higher than that of Sai Silks (Kalamandir) Ltd. at 9.97 and Patel Retail Ltd. at 19.08, indicating a higher valuation. However, it is lower than Baazar Style Retail Ltd. at 43.77.

The company's ROE of -1.5% is below that of PNGS REVA DIAMOND JEWEL L at 6.57% and Patel Retail Ltd. at 25.84%, highlighting areas for improvement. The ROCE of 6.38% is comparable to PNGS REVA DIAMOND JEWEL L at 5.33% and above Sai Silks (Kalamandir) Ltd. at 19.44%.

Go Fashion (India) Ltd.'s market capitalisation of Rs 1,647.83 crore places it above PNGS REVA DIAMOND JEWEL L at Rs 1,420.72 crore and below Baazar Style Retail Ltd. at Rs 2,071.91 crore, reflecting its strong market presence.

Why Investors Are Watching Go Fashion (India) Ltd.

Investors are closely monitoring Go Fashion (India) Ltd. due to its recent price rise and market performance. The stock's technical and fundamental indicators provide insights into its potential trajectory.

• Price Action: Significant 9.42% rise today, closing at Rs 353.05.
• Technical Position: RSI at 42.11, indicating neutral momentum.
• Fundamental Context: P/E ratio of 28.68, ROCE of 6.38%.
• Sector Positioning: Strong market presence in the retailing sector.

Investors should continue to monitor Go Fashion (India) Ltd.'s performance, focusing on its technical indicators and sector positioning to make informed decisions.

About Go Fashion (India) Ltd.

Go Fashion (India) Ltd. is a prominent player in the retailing sector, specialising in women's apparel. The company offers a wide range of products, including leggings, jeggings, and other fashion essentials. With a focus on quality and affordability, Go Fashion (India) Ltd. has established a strong market presence.

The company's business model revolves around catering to the fashion needs of women across India. By leveraging its extensive distribution network and innovative designs, Go Fashion (India) Ltd. aims to capture a significant share of the retail market. Its commitment to customer satisfaction and product innovation positions it as a key player in the industry.

Track Go Fashion (India) Ltd. Share Price on Univest

Use Go Fashion (India) Ltd. (GOCOLORS) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.

Investors can track Go Fashion (India) Ltd. Share Price on Univest to stay updated on live price movements, technical indicators, and fundamental ratios. Univest provides insights into the company's shareholding pattern, 52-week levels, and market trends, enabling investors to make informed decisions.

Frequently Asked Questions

What is the current share price of Go Fashion (India) Ltd.?

Ans. The current share price of Go Fashion (India) Ltd. is Rs 353.05, reflecting a 9.42% increase from the previous close of Rs 322.65. The stock moved 9.42% during the session.

How much did Go Fashion (India) Ltd. share price rise today?

Ans. Go Fashion (India) Ltd. share price rose by 9.42% today, closing at Rs 353.05, up from the previous close of Rs 322.65. The stock moved 9.42% during the session. The intraday range extended from Rs 309.4 to Rs 353.65.

What is the market capitalisation of Go Fashion (India) Ltd.?

Ans. The market capitalisation of Go Fashion (India) Ltd. is Rs 1,647.83 crore, categorising it as a Small Cap company. The company operates in the Retailing sector. Its P/E ratio is 28.68x.

What is the P/E ratio of Go Fashion (India) Ltd.?

Ans. The P/E ratio of Go Fashion (India) Ltd. is 28.68, which is slightly below the industry average of 29.03. The company trades at a P/E ratio of 28.68x. Its P/B ratio is 2.46x.

What is the ROE of Go Fashion (India) Ltd.?

Ans. The return on equity (ROE) of Go Fashion (India) Ltd. is -1.5%, indicating challenges in generating returns on shareholder equity. ROE stands at -1.5%. ROCE stands at 6.38%. The relevant peer median ROE is 0.92%.

How does Go Fashion (India) Ltd.'s ROCE compare to the industry?

Ans. Go Fashion (India) Ltd.'s ROCE is 6.38%, above the industry average of 4.89%, indicating efficient capital utilisation. ROE stands at -1.5%. ROCE stands at 6.38%. The relevant peer median ROE is 0.92%.

What is the P/B ratio of Go Fashion (India) Ltd.?

Ans. The P/B ratio of Go Fashion (India) Ltd. is 2.46, above the industry average of 1.73, suggesting a premium valuation. The company trades at a P/E ratio of 28.68x. Its P/B ratio is 2.46x.