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Go Fashion Gets ICICI Securities 'Buy' Upgrade, Sees Upto 40% Potential Upside

Go Fashion, at this stage of evolution, has multiple growth drivers, at 28x FY27 EPS, ICICI Securities believes stock has strong rerating potential.

<div class="paragraphs"><p>Go’s portfolio spans ethnic, western, fusion, denim, and athleisure wear, but remains tightly controlled from a productivity lens.</p><p>(Photo Source GO Fashion LinkedIn account)</p></div>
Go’s portfolio spans ethnic, western, fusion, denim, and athleisure wear, but remains tightly controlled from a productivity lens.

(Photo Source GO Fashion LinkedIn account)

Go Fashion has scaled its network to 776 exclusive brand outlets across 180 cities with an annual rollout target of 120–130 stores focused on tier-II and III markets. Expansion is driven by unit-level RoCE filters with careful evaluation of payback and throughput.
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