Redtape Ltd

NSE
BUY

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Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
81.02% Gain from 52W Low
26.3
TTM PE Ratio
Above industry Median
58.3
Price to Book Ratio
High in industry
15.9
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is much higher than 1
2.4
RSI
RSI is mid-range
51.1
MFI
MFI is mid-range
63

Redtape Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Redtape Ltd shareholding Pattern

Promoter
71.8%
Foreign Institutions
3.1%
Mutual Funds
7.8%
Domestic Institutions
7.9%
Public
17.3%
Promoter
71.8%
Foreign Institutions
2.7%
Mutual Funds
7.2%
Domestic Institutions
7.3%
Public
18.2%
Promoter
71.8%
Foreign Institutions
2.2%
Mutual Funds
6.3%
Domestic Institutions
6.4%
Public
19.6%
Promoter
71.8%
Foreign Institutions
1.5%
Mutual Funds
4.1%
Domestic Institutions
4.1%
Public
22.6%

Redtape Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
10
Bearish Moving Averages
6
5Day EMA
762.80
10Day EMA
759.20
12Day EMA
756.80
20Day EMA
748.10
26Day EMA
742.20
50Day EMA
718.70
100Day EMA
672.30
200Day EMA
582.00
5Day SMA
769.10
10Day SMA
761.20
20Day SMA
743.00
30Day SMA
734.40
50Day SMA
727.10
100Day SMA
672.00
150Day SMA
611.50
200Day SMA
578.00
Delivery & Volume
Resistance & Support
748.88
Pivot
Resistance
First Resistance
777.77
Second Resistance
811.43
Third Resistance
840.32
Support
First Support
715.22
Second support
686.33
Third Support
652.67
Relative Strength Index
51.06
Money Flow Index
63.05
MACD
14.61
MACD Signal
13.71
Average True Range
35.45
Average Directional Index
14.92
Rate of Change (21)
2.23
Rate of Change (125)
55.49
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Bata India Ltd.
18659.63
1269
1771.45
Liberty Shoes Ltd.
634.65
224.95
413.3
Relaxo Footwears Ltd.
20763.97
758.25
974
Sreeleathers Ltd.
677.52
190.05
433.7
Metro Brands Ltd.
31276.31
929
1441.2
Campus Activewear Ltd.
8565.33
213
338.9

Redtape Ltd Company background

Founded in: 2021
Managing director: Shuja Mirza
Redtape Limited was incorporated on December 8, 2021 as a wholly owned subsidiary of Mirza International Limited. Prior to the Scheme, the Company was engaged in design, development, manufacturing, marketing, trading, export and retailing of leather footwear, sports shoes, garments amp apparels, leather goods and accessories, and other related activities.The Composite Scheme of Arrangement of RTS Fashions Private Limited, Mirza International Limited, the Company and their respective shareholders and creditors, which interalia, provided for (a) Amalgamation of RTS Fashions Private Limited with Mirza International Limited and (b) Demerger of Branded Business/ Redtape Business of Mirza International Limited into the Company on a going concern basis. The said Scheme was sanctioned and thereafter, the Branded Business/ Redtape Business of Mirza International Ltd got demerged into the Company w.e.f February 25, 2023. On implementation of the Scheme of Arrangement for Demerger of the Redtape Business from MIL, Equity Shares were allotted in the ratio of 1:1 to all the shareholders of MIL. Accordingly, the Equity Shares of the Company got listed on August 11, 2023.
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Redtape Ltd FAQs

Redtape Ltd shares are currently priced at 744.1 on NSE and 743.3 on BSE as of 6/13/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Redtape Ltd [REDTAPE] share was 0. The Redtape Ltd [REDTAPE] share hit a 1-year low of Rs. 411.05 and a 1-year high of Rs. 804.85.

The market cap of Redtape Ltd is Rs. 10283.6 Cr. as of 6/13/2024 12:00:00 AM.

The PE ratios of Redtape Ltd is 60.48 as of 6/13/2024 12:00:00 AM.

The PB ratios of Redtape Ltd is 16.24 as of 6/13/2024 12:00:00 AM

The Mutual Fund Shareholding was 7.79% at the end of 6/13/2024 12:00:00 AM.

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