Motilal Oswal retains Buy on Go Fashion, sees 31% upside to Rs 450
Motilal Oswal has retained its Buy rating on Go Fashion (India), with a Rs 450 target price. The brokerage expects store productivity, customer acquisition and operating-efficiency measures to aid margin recovery, forecasting 9% revenue CAGR and 21% PAT CAGR over FY26–FY29E.
Motilal Oswal retained its Buy rating on Indian apparel retailer Go Fashion, setting a Rs 450 target price and projecting 31% upside. The brokerage expects store productivity, customer acquisition and operating efficiency initiatives to support margin recovery after a difficult year.
Why this matters
The Buy reiteration follows Go Fashion reporting a 26% profit decline amid consolidation into larger EBOs and clarifying a price-volume swing after a BSE query.
Retail-company signals are accelerating, up 259400% QoQ.