Red Tape Ltd. – The next fashion giant?

I believe, especially for Redtape, its another peer is Kewal Kiran. Redtape is gradually becoming a fashion giant just like Kewal Kiran already is, and the latter has already entered footwear category through Killer brand. Kewal Kiran is more of a fashion player now, and Redtape is more of a footwear player now, but they are converging. Redtape is a powerful brand, but Kewal Kiran has multiple decent brands in its kitty like Killer, Integriti, Lawman etc. Going forward, they will be the most appropriate listed peers.