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WHY CARTRADE SHARES RISING
UBS says CarTrade Tech’s OLX buy can deliver 5x revenue in five years. Here’s whyGlobal brokerage firm UBS maintained a Buy rating on CarTrade Tech with a target price of Rs 4,000, citing strong monetisation potential in...- Ahead of Market: 10 things that will decide stock market action on TuesdayIndian benchmark indices reversed early gains on Monday, with the Sensex falling 548 points and the Nifty closing below 22,400 amid persist...
- Samir Arora-backed Helios Mid Cap Fund exits Dixon Technologies, 2 others; adds 7 stocksHelios Mid Cap Fund, backed by Samir Arora, exited Dixon Technologies, Aadhar Housing Finance and Black Box in August. The fund added eight...
- Ahead of Market: 10 things that will decide stock market action on TuesdaySensex and Nifty extended their four-week losing streak as rising oil prices and US-Iran tensions weighed on sentiment. Analysts flagged do...
- Ahead of Market: 10 things that will decide stock market action on MondayIndian equities ended marginally higher on Friday as gains in financials, metals and small-caps offset pressure from IT stocks and persiste...
- 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...
- 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, CarDekho parent end acquisition talksCarTrade Tech has pulled the plug on its planned takeover of Girnar Software's automobile classified units – CarDekho and BikeDekho. After ...
- CarTrade confirms acquisition talks with CarDekho parentCarTrade Tech is in talks to acquire CarDekho and BikeDekho. This potential deal would unite two major players in India's auto classifieds ...
- 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% ...
- CarTrade shares more than double in 1 year. Elara sees 36% upside, here's whyCarTrade Tech surged nearly 8% to Rs 2,648.25, extending a 146% rally, after Elara Capital’s ‘buy’ call with a Rs 3,590 target and Norway’s...
- Buy CarTrade Tech, target price Rs 1,655: JM FinancialJM Financial has raised its target price for CarTrade Tech to Rs 1655. The brokerage maintains a buy rating. CarTrade Tech reported strong ...
- 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 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. ...
- Nomura initiates coverage on this new-age stock with 'buy'Nomura has set a target price of Rs 770 on the stock. Interestingly, in order to reach all-time high level of Rs 1,610, the stock will need...
- ‘Exorbitantly’ priced CarTrade IPO still has a dozen ‘subscribe’ callsThe owner of platforms such as CarWale, CarTrade, BikeWale and AutoBiz has a dozen brokerages recommending ‘subscribe’ ratings to the ‘exor...
- CarTrade acquires rival CarWale for about Rs 590 croreThe deal, primarily in cash, will see Axel Springer sell its 91% holding in CarWale five years after first acquiring the stake.
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