Redtape is currently trading at Rs. 467.60, up by 7.65 points or 1.66% from its previous closing of Rs. 459.95 on the BSE.
The scrip opened at Rs. 456.05 and has touched a high and low of Rs. 471.00 and Rs. 456.05 respectively. So far 16246 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. 475.70 and Rs. 454.75 respectively. The current market cap of the company is Rs. 6429.84 crore.
The promoters holding in the company stood at 71.76%,while Institutions and Non-Institutions held 8.66% and 19.57% respectively.
RedTape has entered into Strategic, Marketing & Technical tie-up with Open Network for Digital Commerce (ONDC) for marketing its products. The ONDC, an initiative of the Department for Promotion of Industry and Internal Trade (DPIIT) under the Ministry of Commerce and Industry, which enable local commerce across segments, such as mobility, grocery, food order and delivery, hotel booking and travel, among others, to be discovered and engaged by any network-enabled application. This platform aims to create new opportunities, curb digital monopolies and by supporting & providing online platforms, between buyer & seller.
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.
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