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CARTRADE LISTING
Banks look risky, bet on EVs and innovators: Dipan Mehta on where to put your money nowMarket expert Dipan Mehta advises investors to focus on individual stocks rather than the Nifty amidst market volatility. He suggests avoid...- Forget the noise: These 54 smallcap stocks attracted FII buying in March quarterForeign institutional investors are strategically buying into beaten-down smallcap stocks in India, increasing stakes in 54 companies despi...
- Bay Capital launches digital fund, appoints Sandeep Barasia, Tej Kapoor as partnersBay Capital is launching a Digital Opportunities Fund to invest in public and private digital businesses in India. Sandeep Barasia and Tej ...
- 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...
- CarTrade's Sobek shuts customer-to-business operations, shifts focus to classifieds businessSobek Auto’s C2B transaction business struggled with its unit economics. The company aims to reduce both human resource and other administr...
- 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 says it owns classifieds platform OLX’s entire India businessThe company had earlier said that it was acquiring 100% of Sobek Auto India Pvt Ltd, the entity that houses OLX India's auto business, but ...
- CarTrade to acquire OLX India’s auto business for Rs 537 croreIn a stock exchange filing on Monday, CarTrade said that it will acquire 100% stake in Sobek Auto India Pvt Ltd, the entity which houses OL...
- Deja-vu for IPO investors? After Zomato, CarTrade stock falls as mandatory lock-in endsHowever, the stock failed to touch even its issue price since listing and had plunged more than 70 per cent to record lows of Rs 462.10 in ...
- 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. ...
- CarTrade Tech to invest $100 million, eyes new acquisitions to accelerate growthIn a bid to further strengthen its position as a leading automotive platform in India the group wants to strengthen itself by acquiring and...
- CarTrade Tech lists at 1% discount to issue priceAnalysts were largely expecting an 8-15 per cent listing gain for the stock.
- CarTrade Tech set to list on Friday. GMP trend shows big gain unlikelyGrey market watchers noted that the unlisted stock had once hit a grey market premium (GMP) of Rs 600, but tepid listings for a few debutan...
- Rs 2,999 crore CarTrade IPO kicks off: Should you subscribe?The issue is an offer for sale (OFS) of up to 1,85,32,216 shares by existing shareholders, being sold in the Rs 1,585-1,618 price band. At ...
- CarTrade Tech IPO opens Monday: Key things to know before applyingMumbai-based CarTrade Tech is a multichannel mobility platform that is looking to raise about Rs 2,999 crore from the primary market. Here ...
- 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 files IPO papers with SebiThe IPO seeks to raise around Rs 2,000 crore
- CarTrade files DRHP for Rs 2,000 crore IPOThe offer comprises 26.96 per cent of post-offer paid-up equity share capital. The face value of equity shares is Rs 10 each.
- For CarTrade, fortune lies in solving financing woesIn a market that does not inspire much confidence in financiers or buyers, the company has launched a certification service to provide qual...
- Singapore's Temasek, March Capital lead Rs 950-crore investment in CarTradeThe money will be used to fund the cash acquisition of rival CarWale from German media conglomerate Axel Springer.
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