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Go Fashion hits record high on healthy outlook; up 100% against issue price

The stock hit a new high of Rs 1,373.90, and has nearly doubled against its issue price of Rs 690 per share

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SI Reporter Mumbai
Shares of Go Fashion (India) hit a record high of Rs 1,373.90 as they rallied 6 per cent on the BSE in Thursday's intra-day trade on healthy outlook. The stock surpassed its previous high of Rs 1,341, touched on November 30, 2021. In the past one month, it has outperformed the market by surging 23 per cent, as compared to 2 per cent decline in the S&P BSE Sensex.

The market price of Go Fashion has nearly doubled against its issue price of Rs 690 per share. The company had debuted on the bourses on November 30, 2021.