Go Fashion (India) Ltd – GOCOLORS Share Price Targets for 2024, 2025, 2030, 2035, 2040, 2045, 2050.
Why finance managers and bankers add Go Fashion (India) Ltd. (NSE: GOCOLORS) Share for their Portfolio?
Why Should you need to buy Go Fashion (India) Ltd. Stock Script?
Strong Annual EPS Growth.
Also, Debtor days have improved from 54.3 to 39.6 days.
Currently, Stock is trading at 10.8 times its book value but perform it well in future.
Though the company is reporting repeated profits, it is not paying out dividend.
Company has a low return on equity of 10.7% over last 3 years. But, investment purpose is quiet bright for this rates.
Company’s Core and Fundamental Values
Go Colors! is present across various channel Pan – India.
Go Colors! products are sold through 450+ exclusive brand outlets.
1300+ large format store outlets such as Reliance Trends, Spencers, Globus, Central & Pantloons.
Online retail presence is available through our website, Myntra, Amazon, Ajio, Nykaa, Tata Cliq & Nykaa Fashion.
Go Fashion (India) Ltd. (GOCOLORS)
Go Fashion (India) Limited, is a pioneer in branded bottom wear for women.
Design and cater to women & girls of all age groups and size thereby, making our portfolio ‘universal’ and for every occasion and body type.
Fundamental Analysis of GOCOLORS
| Market Cap | ₹ 6032.80 Cr. |
| Current Price | ₹ 1117 |
| 52-wk High | ₹ 1404 |
| 52-wk Low | ₹ 924 |
| Stock P/E | 71.39 |
| Book Value | ₹ 109.19 |
| Dividend | 0.00 % |
| ROCE | 29.18 % |
| ROE | 17.27 % |
| Face Value | ₹ 10.0 |
| P/B Value | 10.23 |
| OPM | 0.45 % |
| EPS | ₹ 15.65 |
| Debt | ₹ 0 Cr. |
| Debt to Equity | 1.4 |
Go Fashion (India) Ltd. Shareholding Pattern
| Promoters Holding | |
| Dec 2023 | 52.78% |
| FII Holding | |
| Dec 2023 | 12.05% |
| DII Holding | |
| Dec 2023 | 31.02% |
| Public Holding | |
| Dec 2023 | 4.14% |
| Others Holding | |
| Dec 2023 | 0.00% |
Go Fashion (India) Ltd. – Last 5 Years Financial Conditions
Last 5 Years’ Sales:
| 2019 | ₹ 285 Cr |
| 2020 | ₹ 392 |
| 2021 | ₹ 251 |
| 2022 | ₹ 401 |
| 2023 | ₹ 665 |
| TTM | ₹ 739 |
Last 5 Years’ Net Profit:
| 2019 | ₹ 31Cr |
| 2020 | ₹53 Cr |
| 2021 | ₹ -4 Cr |
| 2022 | ₹ 36 Cr |
| 2023 | ₹ 83 Cr |
| TTM | ₹ 84 Cr |
GOCOLORS Share Price Target 2024 to 2040
| 2024 | 998.75 | |
| 2025 | 1150.15 | |
| 2026 | 1325.80 | |
| 2027 | 1616.75 | |
| 2028 | 1827.30 | |
| 2029 | 1896.35 | |
| 2030 | 2058.70 | |
| 2035 | 2449.80 | |
| 2040 | 2664.40 | |
| 2045 | 2750.15 | |
| 2050 | 3572.95 |
Fib Level Price Target for Longterm Investments
| 1 | ALL TIME LOW | 847.30 |
| 2 | TARGET-01 | 998.75 |
| 3 | TARGET-02 | 1047.30 |
| 4 | TARGET-03 | 1078.70 |
| 5 | TARGET-04 | 1150.15 |
| 6 | TARGET-05 | 1221.60 |
| 7 | TARGET-06 | 1247.50 |
| 8 | TARGET-07 | 1301.60 |
| 9 | TARGET-08 | 1325.80 |
| 10 | ALL TIME HIGH | 1453.00 |
Gann Squre of 9 Price Level for Profit Booking
| 1 | LEVEL-01 | 847.30 |
| 2 | LEVEL-02 | 1095.15 |
| 3 | LEVEL-03 | 1343.00 |
| 4 | LEVEL-04 | 1590.85 |
| 5 | LEVEL-05 | 1838.70 |
| 6 | LEVEL-06 | 2086.55 |
| 7 | LEVEL-07 | 2334.40 |
| 8 | LEVEL-08 | 2582.20 |
| 9 | LEVEL-09 | 2830.10 |
Summary
Worth buying gocolor stock for longterm will make you rich. Add it in your portfolio for longterm swing trading or investments.
Note: Stopeloss is always your friend and put it wisly. Stoploss will protect you in any uncertain market moves. So, always consider stoploss as per your risk on capital and not stand again market.
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