Redtape rises as its arm incorporates subsidiary company

17 Nov 2023 Evaluate

Redtape is currently trading at Rs. 471.00, up by 4.85 points or 1.04% from its previous closing of Rs. 466.15 on the BSE.

The scrip opened at Rs. 470.00 and has touched a high and low of Rs. 474.90 and Rs. 467.45 respectively. So far 4587 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 2 has touched a 52 week high of Rs. 574.90 on 17-Oct-2023 and a 52 week low of Rs. 410.55 on 07-Sep-2023.

Last one week high and low of the scrip stood at Rs. 489.85 and Rs. 444.20 respectively. The current market cap of the company is Rs. 6495.49 crore.

The promoters holding in the company stood at 71.76%, while Institutions and Non-Institutions held 8.66% and 19.57% respectively.

Redtape’s subsidiary -- Redtape HK has incorporated a subsidiary Company by the name of Redtape London vide certificate of incorporation dated November 14, 2023, based in England and Wales. The said subsidiary has been incorporated for the purpose of Retail trading of footwear and garments.

RedTape is a Premium Lifestyle & Fashion brand upholding its commitment to providing consumers with the Best of International Styles, Top-Notch Quality and Unparalleled Comfort at competitive prices.

Redtape Share Price

869.30 6.65 (0.77%)
24-Dec-2024 16:59 View Price Chart
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