India's RedTape Ltd rises after ONDC tie-up

RedTape

29/12/2023 05:43

** Shares of footwear retailer RedTape Ltd  REDT.NS  up ~2%
at 469 rupees
    ** Co ties up with Indian govt's open e-commerce network
ONDC
    ** Stock on track to gain after two straight days and four
weeks of losses 
    ** More than 338,000 shares traded so far this week, slowest
trading week in Dec. yet
    ** REDT now up nearly 5% since listing in August this year

 (Reporting by Meenakshi Maidas in Bengaluru)
 ((meenakshi.maidas@thomsonreuters.com;))