India's RedTape rises after bonus share issue plan

RedTape

23/12/2024 06:48

** Shares of RedTape Ltd  REDT.NS  rise as much as 6.8% to
914.40 rupees
    ** Apparel and footwear maker says it will consider a
proposal for the issue of bonus shares at the board meeting on
Dec. 26
    ** More than 105,000 shares traded as of 12:16 p.m. IST, vs
their 30-day moving avg of 77,934 shares
    ** REDT last up 1.4%, adding to YTD gains of 84.7% 

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