08 December 2021
We all saw Go Fashion going public last week and stock doubling from IPO price band.
Gofashion is primarily a retail company having outlets across India.
Here a small comparison viz a viz with Bazar India.
We can see Revenue, PAT, Debt more or less in line with Bazar India.
The difference is Revenue/Store which is 5.5 times better for Bazar India.
Second major difference is on the valuations. Bazar India is 55 times cheaper than Go Fashion. This is exactly a preposition of finding needles in a haystack. This is a great Quality company which should be a part of Portfolio before the true value is unlocked.
This becomes an ideal preposition for the value investors to invest in Bazar India and add it in their portfolio.