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CARTRADE NEWS
CarTrade Tech shares slip 7% despite 19% YoY rise in Q1 profit; EBITDA surges 45%CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY t...
Ahead of Market: 10 things that will decide stock market action on ThursdayIndian equities ended marginally higher after surrendering most intraday gains. Softer US inflation data supported sentiment, while elevate...
UBS initiates coverage on CarTrade Tech with Buy rating, sees 42% upside. 4 reasons whyUBS has initiated coverage on CarTrade Tech with a Buy rating and a target price of Rs 4,000, implying a 42% upside from current levels. Th...
CarTrade Tech Q4 Results: Net profit surges 54% YoY to Rs 65 crore, shares rally 8%CarTrade Tech reported a 54% year-on-year jump in Q4FY26 consolidated net profit to Rs 64.6 crore, while revenue from operations rose nearl...
CarTrade Tech Q2 profit more than doubles, stock surges 18% to all-time highCarTrade Tech shares jumped 13% to a 52-week high of ₹3,008.95 after the company’s Q2 net profit more than doubled to ₹64.1 crore, up 109% ...
After Norges Bank stake purchase, Elara initiates a buy on CarTrade Tech, sees 50% upside post 160% 1-year rallyElara Capital initiated coverage on CarTrade Tech with a Buy rating, targeting ₹3,590, implying 50% upside. The multibagger stock rallied 1...
Why CarTrade Tech shares crashed 19% today? Here’s what triggered the sell-offCarTrade Tech shares plunged 18.7% after JM Financial downgraded the stock to ‘Sell’ and cut its target price to Rs 1,910, citing rich valu...
Stocks in news: L&T, Titan, Asian Paints, Coal India, Dabur, Kfin TechShares of L&T, Titan, Asian Paints, Britannia, Canara Bank and Kalyan Jewellers will be in focus as the companies will announce their fourt...
Stocks in news: Happiest Minds, IREDA, Maruti Suzuki, RBL Bank, Shree CementIndia's third largest cement manufacturer Shree Cement announced achieving installed power capacity of 1,000 MW with the commissioning of a...
CarTrade shares jump 13% on strong Q2 earnings, hit 52-week highToday's gains take stocks' rally to seven sessions in a row. The price action was supported by volumes as 16 lakh shares changed hands on t...
CarTrade Tech shares jump 7% as Q1 PAT soars 300% YoYThe company received 3.4 crore average monthly unique visitors for Q1 FY24, of which 85% were organic, the company filing claimed. The numb...
CarTrade Tech shares jump 17% on acquisition of OLX India’s auto businessThe cost of acquisition of Sobek will be for a consideration of Rs 537.43 crore which is to be paid on the completion date of the acquisiti...
Buy CarTrade Tech, target price Rs 840: JM FinancialCarTrade Tech Ltd. key Products/Revenue Segments include Income From Advertisement, Other Services and Used Cars for the year ending 31-Mar...
CarTrade Tech tanks 10% after company reports loss in Q4Following the development, shares of CarTrade Technologies tumbled about 10 per cent to Rs 573.50, before trading at Rs 589.55 at 9.50 am. ...
Add CarTrade Tech, target price Rs 675: Kotak Institutional EquitiesThe brokerage said it notes that the company has Rs 10 billion of cash on books as of March 2022 which it plans to utilize for inorganic gr...
CarTrade to deploy $100 mn for acquisitionsCarTrade wants to pick up a stake in companies that are driving innovation in all aspects of the automobile ecosystem, including auto finan...
CarTrade gets Sebi nod for Rs 2,000 crore IPOThrough the offer, some of CarTrade’s existing shareholders, which include marquee investors like Warburg Pincus, Temasek and JP Morgan, ar...
CarTrade plans NBFC foray, may buy small cos to beef up opsOnline car buying portal CarTrade will apply for a non-banking finance company (NBFC) licence, a top company executive said, in a bid to mu...
Investors betting big on automobile classifieds platforms like CarTrade.comThe news of CarTrade's latest funding comes a day after Ratan Tata, invested an undisclosed amount in GirnarSoft, which owns CarDekho.com.
CarTrade raises Rs 185 crore from Warburg Pincus, existing investorsWarburg Pincus is focused on growth investing and has over $ 39 billion in assets under management spanning over 125 companies.