REDTAPE / NSE / Retail (Apparel)
RedTape
1Y Price Trend
Key Information
Recommendations
Target High163.2
Target Low102.05
Target Mean0
Target Median0
Risk Metrics
Overall RiskBalanced risk
Board Risk43.69
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Pearl Global emerged as the worst performer in the segment, tumbling more than 5.22% during the session. Kitex Garments was the second-biggest laggard, sliding over 4%.
Private equity firms Apax Funds and Advent International are pursuing a majority stake in Indian footwear company RedTape, valuing it at ₹ 4,500 crore-5,000 crore. The promoters, who hold 71.79%, may sell a significant portion of their shares.
Dividend, bonus, stock split: Redtape Limited will trade ex-dividend on January 3, and several other companies will execute bonus issues, stock splits and other corporate actions next week.
Redtape, a small-cap stock, announced on December 26 that its board approved a dividend payout and bonus share issue during a recent meeting.
Q4 Results today: ONGC, IRFC, Bharat Electronics, Whirlpool India, are among the top companies to declare their Q4 scorecard today
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