REDTAPE

Redtape Share Price

₹750.90 -9.35 (-1.23%)

22 Jan, 2025 12:26

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Performance

  • Low
  • ₹745
  • High
  • ₹778
  • 52 Week Low
  • ₹536
  • 52 Week High
  • ₹980
  • Open Price₹759
  • Previous Close₹760
  • Volume15,450

Investment Returns

  • Over 1 Month -12.26%
  • Over 3 Month -21.68%
  • Over 6 Month + 4.87%
  • Over 1 Year + 33.06%
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Redtape Fundamentals Fundamentals refer to the financial data that companies report on a quarterly or annual basis.

  • P/E Ratio
  • 65.9
  • PEG Ratio
  • -22.1
  • Market Cap Cr
  • 10,378
  • P/B Ratio
  • 14.8
  • Average True Range
  • 28.84
  • EPS
  • 11.4
  • Dividend Yield
  • 0.3
  • MACD Signal
  • -22.11
  • RSI
  • 38.39
  • MFI
  • 27.71

Redtape Financials

Redtape Technicals

EMA & SMA

Current Price
₹750.90
-9.35 (-1.23%)
pointer
  • stock-down_img
  • Bearish Moving Average 16
  • stock-up_img
  • Bullish Moving Average 0
  • 20 Day
  • ₹791.90
  • 50 Day
  • ₹816.77
  • 100 Day
  • ₹807.75
  • 200 Day
  • ₹754.61

Resistance and Support

764.82 Pivot Speed
  • R3 798.83
  • R2 789.02
  • R1 774.63
  • S1 750.43
  • S2 740.62
  • S3 726.23

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Ratings

Master Rating

EPS Strenth

Price Strength

Buyer Demand

Group Rank

Red Tape is a prominent footwear and lifestyle brand in India, known for its stylish and comfortable shoes, bags, and accessories. Offering a blend of quality and affordability, Red Tape caters to diverse consumer needs in the fashion market.

Redtape Ltd has an operating revenue of Rs. 1,982.12 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 13% is healthy, ROE of 27% is exceptional. The company has a reasonable debt to equity of 4%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. From an O'Neil Methodology perspective, the stock has an EPS Rank of 18 which is a POOR score indicating inconsistency in earnings, a RS Rating of 48 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at D which indicates heavy supply, Group Rank of 145 indicates it belongs to a poor industry group of Apparel-Shoes & Rel Mfg and a Master Score of C is fair but needs to improve. Overall, the stock has poor technical strength and poor fundamentals, there are superior stocks in the current market environment.

Disclaimer: This stock analysis report is algorithmically generated for informational purposes only and should not be considered as a buy or sell recommendation.

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Redtape Corporate Actions - Bonus, Splits, Dividends

Date Purpose Remarks
2024-12-26 Interim Dividend, Bonus issue & Others To consider other business matters. per share(100%)Interim Dividend
2024-11-13 Quarterly Results
2024-08-14 Quarterly Results
2024-05-29 Audited Results (Revised) per share(100%)Interim Dividend
2024-01-24 Quarterly Results
Date Purpose Remarks
2025-01-03 INTERIM Rs.2.00 per share(100%)Interim Dividend
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Redtape F&O

Redtape Shareholding Pattern

71.8%
10.2%
3.48%
0%
10.8%
3.72%

About Redtape

  • NSE Symbol
  • REDTAPE
  • BSE Symbol
  • 543957
  • Managing Director
  • Mr. Shuja Mirza
  • ISIN
  • INE0LXT01019

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Redtape FAQs

Redtape share price is ₹750 As on 22 January, 2025 | 12:12

The Market Cap of Redtape is ₹10377.6 Cr As on 22 January, 2025 | 12:12

The P/E ratio of Redtape is 65.9 As on 22 January, 2025 | 12:12

The PB ratio of Redtape is 14.8 As on 22 January, 2025 | 12:12

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Q2FY23