Twitterati, who previously took offence on various other advertisements including Tanishq, Orra Jewellery, and FabIndia, is now criticising the Starbucks ad that it believes is too woke for its own good.

‘Too woke’: Starbucks faces backlash for new ad in India; here’s why

Birla to take on FabIndia, Tata, RRL with TCNS buy

Birla builds a billion-dollar apparel chain with a series of M&As

Stocks to watch before going into the market today.

Stocks To Watch: Britannia, Bharat Forge, Paytm, Marico, Equitas SFB, DCB Bank, Piramal, Go Fashion In Focus

Rajeshwari Srinivasan brings more than 30 years of experience in the FMCG, retail, luxury and hospitality sectors

Fabindia announces former Tata Group executive Rajeshwari Srinivasan as new CEO

2023 has been emerging as the driest year for IPOs since 2020, with just two IPOs hitting the Street so far, data compiled from PRIME Database suggests.

Mamaearth, Fabindia, Joyalukkas: What’s behind the driest IPO market since 2020?

Broker’s Call: Go Fashion (Buy)

Fabindia to explore other options for liquidity

Fabindia withdraws IPO due to non-conducive market conditions

Fabindia scraps IPO plans considering present market situation

In an official statement on Monday, the 62-year-old company said that the current market conditions were not seen to be conducive for listing at the bourses.

Fabindia drops Rs 4,000-cr IPO plans amid rough market conditions

The 62-year-old company, popular for its sustainable and traditional Indian wear, said it may consider going public in the future and that several global ESG-focused funds had expressed an interest to invest. It did not give details.

Fabindia scraps $482 million IPO amid uncertain market conditions

FabIndia have seen record sales this year, with a 40% year-on-year growth in their business

Fabindia Shelves IPO Citing Current Market Conditions

Hasn't faired well - amongst the low performers

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Go Fashion (India) Ltd is an India-based clothing apparel company engaged in the development, design, sourcing, marketing and retailing a range of women's bottom-wear products under the brand, Go Colors.