Redtape Ltd Performance
Day's Low
Day's High
₹738.3Day's Price Range₹753.852 Week's Low
52 Week's High
₹520.7552-Week Price Range₹980
| Returns % | |
| 1 Month Return | -12.16 % |
| 3 Month Return | -20.62 % |
| 1 Year Return | + 40.52 % |
| Market Stats | |
| Previous Close | ₹741.90 |
| Open | ₹739.20 |
| Volume | 22.98K |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹10,253.20Cr |
Redtape Ltd Key Statistics
| P/E Ratio | 65.94 |
| PEG Ratio | -183.18 |
| Market Cap | ₹10,253.20 Cr |
| P/B Ratio | 14.37 |
| EPS | 12.75 |
| Dividend Yield | 0 |
| Sector | Retail |
| ROE | 30.92 |
Redtape Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹10,253.20 Cr | 10.42% | 0.72 | ₹176 Cr | ₹1,842 Cr | |
| NA | ₹434.36 Cr | 88.91% | 0.82 | NA | NA | |
| NA | ₹16.31 Cr | 1.04% | 0.53 | NA | NA | |
| NA | ₹57.60 Cr | -3.13% | 0.53 | NA | NA | |
| NA | ₹1,073.74 Cr | -9.04% | 0.75 | ₹76 Cr | ₹5,615 Cr |
Redtape Ltd Mutual Fund Holdings
About Redtape Ltd
Share Price: ₹751.10 per share as on 17 Jan, 2025 04:01 PM
Market Capitalisation: ₹10,253.20Cr as of today
Revenue: ₹415.80Cr as on September 2024 (Q3 24)
Net Profit: ₹25.07Cr as on September 2024 (Q3 24)
Listing date: 11 Aug, 2023
Chairperson Name: Rashid Ahmed Mirza
| Organisation | Redtape Ltd |
| Headquarters | |
| Industry | Retail |
| E-voting on shares | Click here to vote |
Key events for Redtape Ltd
Redtape Stock Declines Amid Market Downturn - 06 Jan, 2025
On January 6, 2025, Redtape's stock fell 5.16%, continuing a three-day decline of 7.16%. Despite opening higher, it underperformed against its sector and the broader market.Redtape Ltd Announces Bonus Issue and Dividend - 30 Dec, 2024
Redtape Ltd, demerged from Mirza International, has declared a ₹2 interim dividend with a record date of January 3, 2025. The record date for a three-for-one bonus issue is yet to be determined.RedTape Announces Bonus Shares and Interim Dividend - 26 Dec, 2024
RedTape Ltd's board approved a 3:1 bonus share issue and declared a Rs 2 interim dividend for FY 2024-25, marking significant corporate actions. The stock rose over 5% following the announcements.Redtape Stock Surges Ahead of Board Meeting - 23 Dec, 2024
Redtape Ltd's stock rose significantly as investors anticipate a board meeting on December 26 to discuss an interim dividend and bonus shares. The record date for the dividend is set for January 3, 2025. Despite a decline in profit, revenue increased by 28% in Q2 FY25, further fueling investor optimism.Redtape Board to Discuss Dividend and Bonus Shares - 20 Dec, 2024
Redtape Ltd's board will meet on December 26 to consider proposals for an interim dividend and bonus shares for the financial year 2024-25, along with increasing authorized share capital.
Insights on Redtape Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 8.81% to 10.18% in Sep 2024 quarter
- POSITIVE IMPACT
FII Holding Up
Foreign Institutions have increased holdings from 3.14% to 3.26% in Sep 2024 quarter
- POSITIVE IMPACT
Promoter Holding Up
Promoters have increased holdings from 71.79% to 71.80% in Sep 2024 quarter
NEGATIVE IMPACTRetail Holding Down
Retail Investor have decreased holdings from 16.15% to 14.70% in Sep 2024 quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 4 quarters, 621.21 Cr → 419.16 Cr (in ₹), with an average decrease of 12.2% per quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 4 quarters, 60.82 Cr → 25.07 Cr (in ₹), with an average decrease of 25.3% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, REDTAPE stock has moved down by -11.6%
Redtape Ltd Financials
Index Inclusions
Redtape Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 71.8% | 0.02 | |
| Foreign Institutions | 3.26% | 3.99 | |
| Mutual Funds | 10.18% | 15.51 | |
| Retail Investors | 14.7% | ||
| Others | 0.05% |
Redtape Ltd Key Indicators
Redtape Ltd Valuation
Redtape Ltd in the last 5 years
Lowest (36.09x)
September 7, 2023
Industry (-280.81x)
January 17, 2025
Today (65.94x)
January 17, 2025
Highest (84.93x)
October 31, 2024
Redtape Ltd Earnings and Dividends
Redtape Ltd Earnings Results
Redtape Ltd’s net profit fell -9.63% since last year same period to ₹25.07Cr in the Q2 2024-2025. On a quarterly growth basis, Redtape Ltd has generated -18.18% fall in its net profits since last 3-months.
Read More about Earnings ResultsRedtape Ltd Dividends December,2024
In the quarter ending September 2024, Redtape Ltd has declared dividend of ₹2 - translating a dividend yield of 0.27%.
Read More about Dividends
Redtape Ltd Technicals Summary
Bearish
Neutral
Bullish
Redtape Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on Redtape Ltd
Redtape Ltd share price today stands at ₹751.1, Open. ₹739.2 ; Previous Close. ₹741.9 ; High. ₹753.8 ; Low. ₹738.3 ; 52 Week High. ₹980 ; 52 Week Low: ₹520.75.
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Redtape Ltd shares.
Redtape Ltd is listed on NSE
Redtape Ltd is listed on BSE
- Today’s highest price of Redtape Ltd is ₹753.8.
- Today’s lowest price of Redtape Ltd is ₹738.3.
PE Ratio of Redtape Ltd is 65.94
PE ratio = Redtape Ltd Market price per share / Redtape Ltd Earnings per share
Today’s traded volume of Redtape Ltd(REDTAPE) is 22.98K.
Today’s market capitalisation of Redtape Ltd(REDTAPE) is ₹10253.2Cr.
| Redtape Ltd(REDTAPE | Price |
|---|---|
52 Week High | ₹980 |
52 Week Low | ₹520.75 |
Redtape Ltd(REDTAPE) share price is ₹751.1. It is down -23.36% from its 52 Week High price of ₹980
Redtape Ltd(REDTAPE) share price is ₹751.1. It is up 44.23% from its 52 Week Low price of ₹520.75
| Redtape Ltd(REDTAPE | Returns |
|---|---|
1 Day Returns | 9.2% |
1 Month Returns | -12.16% |
3 Month Returns | -20.62% |
1 Year Returns | 40.52% |