Home » RedTape (REDTAPE) Share Price Target 2024, 2025, upto 2030

RedTape (REDTAPE) Share Price Target 2024, 2025, upto 2030

RedTape Share Price Forecast
REDTAPE Stock chart with forecasted target from 2025 to 2030

REDTAPE belongs to the Consumer Cyclical sector and operates within the Footwear & Accessories industry. The company is listed on the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). In this detailed post, we will explore REDTAPE share price targets from 2025, 2026, and up to 2030. For long-term forecasts, we will use different technical analysis approaches to predict targets up to the year 2030.

For additional insights, refer to REDTAPE technical analysis.

To forecast the price of REDTAPE up to the year 2030, we will use a machine learning approach where the forecasted data is trained on past performance. RedTape, known for its significant presence in the Indian share market, has shown various trends over the years. In this section, we discuss REDTAPE's current market position, its growth trajectory, and how external market factors might influence its price performance leading up to 2030.

Values were last updated on 17-03-2025. The targets mentioned are based on mathematical calculations and are NOT SUITABLE FOR FINANCIAL DECISIONS. Strictly do not consider them as advice. You can read about our statistical model at the end of this post.

REDTAPE’s Performance Overview

Current Performance

Today 2025-06-17 shares of REDTAPE closed at ₹129.24 which is ₹0.61 lower than its previous close of ₹129.85. The company has been in downtrend for the past one week.

Historical Performance

DateCloseGain/Loss
2025-06-09₹134.15 ₹0.69 (0.52%)
2025-06-10₹134.00 ₹0.15 (0.11%)
2025-06-11₹133.25 ₹0.75 (0.56%)
2025-06-12₹131.00 ₹2.25 (1.69%)
2025-06-13₹129.99 ₹1.01 (0.77%)
2025-06-16₹129.85 ₹0.14 (0.11%)
2025-06-17₹129.24 ₹0.61 (0.47%)

REDTAPE for Tomorrow

Last three days were negative and we can see a continuation bearish trend for tomorrow. This data is important as traders can make better swing trading entries for the upcoming months of 2025 or even for long-term targets up to 2030.

REDTAPE Share Price Target 2025

The share price of REDTAPE is expected to reach a value of Rs. 190.15 by March 2025. If the Macro and Micro economic factors along with the industry trend support, we might see the target price of RedTape reach Rs. 596.78 by December 2025.

MonthTarget
March 2025 target for REDTAPE₹190.15
April 2025 target for REDTAPE₹278.40
May 2025 target for REDTAPE₹306.24
June 2025 target for REDTAPE₹336.86
July 2025 target for REDTAPE₹370.55
August 2025 target for REDTAPE₹407.61
September 2025 target for REDTAPE₹448.37
October 2025 target for REDTAPE₹493.20
November 2025 target for REDTAPE₹542.52
December 2025 target for REDTAPE₹596.78

Summary of REDTAPE Share Price Forecast for 2025

  • The initial price target for RedTape in 2025 is projected to be ₹190.15.
  • With favorable market conditions, the mid-year price target for RedTape could reach ₹407.61.
  • By the end of 2025, the price target for RedTape is expected to potentially reach ₹596.78, considering bullish market trends.

REDTAPE Share Price Target 2026

As per technical data, the minimum share price target of REDTAPE is expected to reach Rs. 656.45 and the maximum value that shares of REDTAPE can reach is Rs. 1872.94.

MonthTarget
January 2026 target for REDTAPE₹656.45
February 2026 target for REDTAPE₹722.10
March 2026 target for REDTAPE₹794.31
April 2026 target for REDTAPE₹873.74
May 2026 target for REDTAPE₹961.12
June 2026 target for REDTAPE₹1,057.23
July 2026 target for REDTAPE₹1,162.95
August 2026 target for REDTAPE₹1,279.24
September 2026 target for REDTAPE₹1,407.17
October 2026 target for REDTAPE₹1,547.89
November 2026 target for REDTAPE₹1,702.67
December 2026 target for REDTAPE₹1,872.94

Summary of REDTAPE Share Price Forecast for 2026

  • The initial price target for RedTape in 2026 is projected to be ₹656.45.
  • With favorable market conditions, the mid-year price target for RedTape could reach ₹1,057.23.
  • By the end of 2026, the price target for RedTape is expected to potentially reach ₹1,872.94, considering bullish market trends.

REDTAPE Share Price Target 2027

Using Fibonacci projections, the estimated price target forecast for RedTape (REDTAPE) in the first half of the year 2027 will be between ₹2060.24 - ₹3318.03. By the second half of 2027, the share price of REDTAPE may reach a maximum value of ₹5878.09.

MonthTarget
January 2027 target for REDTAPE₹2,060.24
February 2027 target for REDTAPE₹2,266.26
March 2027 target for REDTAPE₹2,492.89
April 2027 target for REDTAPE₹2,742.17
May 2027 target for REDTAPE₹3,016.39
June 2027 target for REDTAPE₹3,318.03
July 2027 target for REDTAPE₹3,649.83
August 2027 target for REDTAPE₹4,014.82
September 2027 target for REDTAPE₹4,416.30
October 2027 target for REDTAPE₹4,857.93
November 2027 target for REDTAPE₹5,343.72
December 2027 target for REDTAPE₹5,878.09

Summary of REDTAPE Share Price Forecast for 2027

  • The initial price target for RedTape in 2027 is projected to be ₹2,060.24.
  • With favorable market conditions, the mid-year price target for RedTape could reach ₹3,318.03.
  • By the end of 2027, the price target for RedTape is expected to potentially reach ₹5,878.09, considering bullish market trends.

REDTAPE Share Price Target 2028

The share price for REDTAPE in 2028 could start around ₹6465.9 and potentially climb to ₹18447.97 by the end of the year, subject to overall market and sector conditions.

MonthTarget
January 2028 target for REDTAPE₹6,465.90
February 2028 target for REDTAPE₹7,112.49
March 2028 target for REDTAPE₹7,823.74
April 2028 target for REDTAPE₹8,606.12
May 2028 target for REDTAPE₹9,466.73
June 2028 target for REDTAPE₹10,413.40
July 2028 target for REDTAPE₹11,454.74
August 2028 target for REDTAPE₹12,600.21
September 2028 target for REDTAPE₹13,860.23
October 2028 target for REDTAPE₹15,246.26
November 2028 target for REDTAPE₹16,770.88
December 2028 target for REDTAPE₹18,447.97

Summary of REDTAPE Share Price Forecast for 2028

  • The initial price target for RedTape in 2028 is projected to be ₹6,465.90.
  • With favorable market conditions, the mid-year price target for RedTape could reach ₹10,413.40.
  • By the end of 2028, the price target for RedTape is expected to potentially reach ₹18,447.97, considering bullish market trends.

REDTAPE Share Price Target 2029

The share price for REDTAPE in 2029 could start around ₹20292.77 and potentially climb to ₹57897.64 by the end of the year, subject to overall market and sector conditions.

MonthTarget
January 2029 target for REDTAPE₹20,292.77
February 2029 target for REDTAPE₹22,322.05
March 2029 target for REDTAPE₹24,554.25
April 2029 target for REDTAPE₹27,009.68
May 2029 target for REDTAPE₹29,710.64
June 2029 target for REDTAPE₹32,681.71
July 2029 target for REDTAPE₹35,949.88
August 2029 target for REDTAPE₹39,544.87
September 2029 target for REDTAPE₹43,499.35
October 2029 target for REDTAPE₹47,849.29
November 2029 target for REDTAPE₹52,634.22
December 2029 target for REDTAPE₹57,897.64

Summary of REDTAPE Share Price Forecast for 2029

  • The initial price target for RedTape in 2029 is projected to be ₹20,292.77.
  • With favorable market conditions, the mid-year price target for RedTape could reach ₹32,681.71.
  • By the end of 2029, the price target for RedTape is expected to potentially reach ₹57,897.64, considering bullish market trends.

REDTAPE Share Price Target 2030

The share price for REDTAPE in 2030 could start around ₹63687.4 and potentially climb to ₹181707.6 by the end of the year, subject to overall market and sector conditions.

MonthTarget
January 2030 target for REDTAPE₹63,687.40
February 2030 target for REDTAPE₹70,056.14
March 2030 target for REDTAPE₹77,061.76
April 2030 target for REDTAPE₹84,767.94
May 2030 target for REDTAPE₹93,244.73
June 2030 target for REDTAPE₹102,569.20
July 2030 target for REDTAPE₹112,826.12
August 2030 target for REDTAPE₹124,108.73
September 2030 target for REDTAPE₹136,519.61
October 2030 target for REDTAPE₹150,171.57
November 2030 target for REDTAPE₹165,188.73
December 2030 target for REDTAPE₹181,707.60

Summary of REDTAPE Share Price Forecast for 2030

  • The initial price target for RedTape in 2030 is projected to be ₹63,687.40.
  • With favorable market conditions, the mid-year price target for RedTape could reach ₹102,569.20.
  • By the end of 2030, the price target for RedTape is expected to potentially reach ₹181,707.60, considering bullish market trends.

REDTAPE Share Price Target 2031

The share price for REDTAPE in 2031 could start around ₹199878.36 and potentially climb to ₹471302.71 by the end of the year, subject to overall market and sector conditions.

MonthTarget
January 2031 target for REDTAPE₹199,878.36
February 2031 target for REDTAPE₹219,866.19
March 2031 target for REDTAPE₹241,852.81
April 2031 target for REDTAPE₹266,038.09
May 2031 target for REDTAPE₹292,641.90
June 2031 target for REDTAPE₹321,906.09
July 2031 target for REDTAPE₹354,096.70
August 2031 target for REDTAPE₹389,506.37
September 2031 target for REDTAPE₹428,457.01
October 2031 target for REDTAPE₹471,302.71

Summary of REDTAPE Share Price Forecast for 2031

  • The initial price target for RedTape in 2031 is projected to be ₹199,878.36.
  • With favorable market conditions, the mid-year price target for RedTape could reach ₹321,906.09.
  • By the end of 2031, the price target for RedTape is expected to potentially reach ₹471,302.71, considering bullish market trends.

Key Takeaways from Forecasted Price for REDTAPE from 2025 to 2030

YearInitial TargetMid-Year TargetYear-End Target
2025₹190.15₹407.61₹596.78
2026₹656.45₹1,057.23₹1,872.94
2027₹2,060.24₹3,318.03₹5,878.09
2028₹6,465.90₹10,413.40₹18,447.97
2029₹20,292.77₹32,681.71₹57,897.64
2030₹63,687.40₹102,569.20₹181,707.60
  • For RedTape in 2025, a bullish trend might take the stock to a mid-year target of ₹407.61, followed by a steady climb to ₹596.78.
  • In 2026, a temporary decline in early months for RedTape is possible, with a recovery expected by mid-year, aiming for ₹1,057.23.
  • Anticipating mixed trends for RedTape in 2027, with rapid movements both upward and downward, yet maintaining an overall upward trajectory towards ₹5,878.09.
  • For 2028 and 2029, RedTape is expected to show strong and steady growth, potentially breaking past previous highs and setting new records.
  • By 2030, the cumulative impact of market dynamics could lead RedTape to a substantial year-end target, surpassing previous expectations.

Final Words on RedTape (REDTAPE) Share Price Target up to 2030

To summarize, we have presented REDTAPE share price targets from 2025, 2026, and up to 2030, based on the most recent trading data and algorithms. These targets serve as potential support and resistance levels for the coming years.

It's essential to note that while these price targets are based on technical analysis, other market conditions and news could also impact the stock's performance. Therefore, these hypothetical targets should be used as guidelines and not as financial advice. Always perform your own due diligence before making any investment.

We wish you all the best in your investing endeavors! Please read the Disclaimer below.

Methodology

Our price forecasting model to analyse targets for REDTAPE uses detailed & data-driven methods to calculate these monthly price targets. This methodology includes the use of classic tools like long-term floor pivot point analysis, historical price performance metrics, and volatility data. Below, we outline the fundamental components and processes that constitute our forecasting model. It is important to note that these prices are based on mathematical calculations and in no way should these be used as financial advice. The stock market is dynamic, and there are so many factors that influence the prices of stocks that any mathematical model cannot cover.

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Disclaimer: Stock targets and forecasts are for educational purposes only and may not be reliable for investment decisions. Use this information at your own risk. This is not an offer to buy or sell stocks. Dailybulls.in and its authors are not liable for any losses. It is not investment advice; seek professional advice before making any investment decisions. Exercise caution and be informed when investing.

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