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JM Financial maintained a buy rating on Go Fashion with a target price of Rs 1285. Go Fashions 9MFY24 performance has been below expectation, especially on the SSSG front, which, the brokerage firm believes, is more a function of the weak macro environment. ....
Rupak De, LKP Securities said, "Nifty traded sideways for most of the session except for the last hour, during which it recovered from the day s low. The overall sentiment remains positive as the index has held above the crucial support level of 19,500. Resistance is positioned at 19,850 on the higher end; a breakthrough could potentially propel the Nifty towards the 20,200 mark." ....
Go Fashion (India) Ltd., incorporated in the year 2010, is a Large Cap company (having a market cap of Rs 6908.83 Crore) operating in Apparels sector. ....
The venture capital firm sold 13,60,975 shares of the company at Rs 240 apiece on the BSE, and 4,25,000 shares on the NSE, bulk deals data showed. ....