News > Go Fashion shares jump after rating upgrade

Go Fashion shares jump after rating upgrade

Bharat Times | 11/04/2022 11:49 AM | Click to read full article

Shares of Go Fashion (India) Ltd surged more than 2% in Monday's early deals on the BSE to ₹1,016 apiece after rating agency ICRA upgraded the company's long-term and short-term ratings.

The Outlook on the long-term rating is stable. Instruments with [ICRA] A rating indicate an adequate degree of safety regarding timely servicing of financial obligations.