₹726.9▲1.05%
Day's Low
Day's High
52 Week's Low
52 Week's High
Returns % | |
1 Month Return | -6.68 % |
3 Month Return | -1.05 % |
1 Year Return | + 45.66 % |
Market Stats | |
Previous Close | ₹719.35 |
Open | ₹719.00 |
Volume | 65.04K |
Upper Circuit | - |
Lower Circuit | - |
Market Cap | ₹9,941.55Cr |
P/E Ratio | 56.42 |
PEG Ratio | 22.93 |
Market Cap | ₹9,941.55 Cr |
P/B Ratio | 0 |
EPS | 0 |
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
---|---|---|---|---|---|---|
![]() | NA | ₹9,941.55 Cr | 9.13% | 0.73 | ₹142 Cr | ₹1,468 Cr |
![]() | NA | ₹111.20 Cr | 36.08% | 0.60 | NA | NA |
![]() | BUY | ₹8,198.61 Cr | 30.44% | 0.77 | ₹122 Cr | ₹5,445 Cr |
![]() | NA | ₹713.30 Cr | 1.23% | 0.96 | -₹211 Cr | ₹2,480 Cr |
![]() | NA | ₹1,613.67 Cr | 86.17% | 0.50 | ₹90 Cr | ₹68 Cr |
Organisation | Redtape Ltd |
Headquarters | |
Industry | Retail |
E-voting on shares | Click here to vote |
Key events for Redtape Ltd
Redtape Limited's CEO, Shuja Mirza, owns a significant 58% stake in the company, indicating strong insider control and vested interests in growth. The stock gained 7.5%, with insiders scoring highest last week as the market cap hit ₹107b.
Redtape Ltd Reports Strong Financial Results for March 2024 - 04 Jun, 2024
Redtape Ltd's net sales for March 2024 increased by 33.59% YoY, with a quarterly net profit of Rs. 38.54 crore, up 17.16% from the previous year. The company's EPS has also increased to Rs. 2.79 in March 2024. Redtape shares closed at 716.85 on June 03, 2024 (NSE) and have given 46.63% returns over the last 6 months.
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
MF Holding Up
Mutual Funds have increased holdings from 6.30% to 7.15% in Dec 2023 quarter
Price Rise
In the last 1 month, REDTAPE stock has moved up by 21.9%
Profit Spike
Netprofit is up for the last 2 quarters, 27.74 Cr → 60.82 Cr (in ₹), with an average increase of 54.4% per quarter
FII Holding Up
Foreign Institutions have increased holdings from 2.19% to 2.71% in Dec 2023 quarter
Revenue Rich
Revenue is up for the last 2 quarters, 327.11 Cr → 621.21 Cr (in ₹), with an average increase of 47.3% per quarter
Promoter Holding Unchanged
Promoters holdings remained unchanged at 71.76% of holdings in Dec 2023 quarter
Retail Holding Down
Retail Investor have decreased holdings from 19.57% to 18.19% in Dec 2023 quarter
Q'1 24 | Q/Q Change | |
---|---|---|
Revenue | ₹506.86Cr | ↓17.93% |
Net Income | ₹40.96Cr | ↓32.65% |
Net Profit Margin | 8.08% | ↓17.97% |
2023 | Y/Y Change | |
---|---|---|
Revenue | ₹1,468.31Cr | ↑384.24% |
Net Income | ₹142.15Cr | ↑389.50% |
Net Profit Margin | 9.68% | ↑1.04% |
2023 | Y/Y Change | |
---|---|---|
Total Assets | ₹1,226.31Cr | ↑49.82% |
Total Liabilities | ₹760.19Cr | ↑56.35% |
2023 | Y/Y Change | |
---|---|---|
Operating Cash Flow | ₹130.23Cr | ↑648.88% |
Investors | Holdings % | FY Quarter | 3M change |
---|---|---|---|
Promoter Holdings | 71.79% | 0.04 | |
Foreign Institutions | 3.14% | 2.03 | |
Mutual Funds | 8.81% | 13.19 | |
Retail Investors | 16.15% | ||
Others | 0.11% | 2.83 |
Redtape Ltd in the last 5 years
Lowest (36.09x)
September 7, 2023
Industry (-422.86x)
July 23, 2024
Today (56.42x)
July 23, 2024
Highest (62.04x)
June 21, 2024
Redtape Ltd’s net profit jumped 18.55% since last year same period to ₹40.96Cr in the Q4 2023-2024. On a quarterly growth basis, Redtape Ltd has generated -32.65% fall in its net profits since last 3-months.
Read More about Earnings ResultsBearish
Neutral
Bullish
Redtape Ltd is currently in a Bearish trading position according to technical analysis indicators.
Redtape Ltd (REDTAPE) share price today is ₹726.9
Redtape Ltd is listed on NSE
Redtape Ltd is listed on BSE
PE Ratio of Redtape Ltd is 56.42
PE ratio = Redtape Ltd Market price per share / Redtape Ltd Earnings per share
Today’s traded volume of Redtape Ltd(REDTAPE) is 65.04K.
Today’s market capitalisation of Redtape Ltd(REDTAPE) is ₹9941.55Cr.
Redtape Ltd(REDTAPE | Price |
---|---|
52 Week High | ₹810.05 |
52 Week Low | ₹411.05 |
Redtape Ltd(REDTAPE) share price is ₹726.9. It is down -10.26% from its 52 Week High price of ₹810.05
Redtape Ltd(REDTAPE) share price is ₹726.9. It is up 76.84% from its 52 Week Low price of ₹411.05
Redtape Ltd(REDTAPE | Returns |
---|---|
1 Day Returns | 7.55% |
1 Month Returns | -6.68% |
3 Month Returns | -1.05% |
1 Year Returns | 45.66% |