The shares of CarTrade Tech jumped more than 5 percent in the early trading hours of November 11 after the company confirmed reports stating that it is in talks to acquire rival CarDekho. The shares were trading at Rs 3,146 apiece.Earlier yesterday, a source reported citing sources that the Mumbai-based auto-tech company, which operates platforms such as CarWale, BikeWale, and OLX India, is close ...

CarTrade Tech shares surged over 9 percent, extending the previous session's handsome gains. The 18 percent sharp spike in two days comes after the company on May 6 reported a net profit jump of 50 percent to Rs 22.5 crore for the quarter ended March 2024.The company's revenue surged 51 percent YoY to Rs 145.27 crore, largely helped by OLX’s classifieds business.CarTrade Tech operates an automot...

CarTrade Tech shares listed on BSE and NSE on 20th August 2021 with a minor discount. However, the tech stock has been nosediving after listing and CarTrade Tech shares are today available at ?633 apiece on NSE, around 60 per cent lower from its offer price of ?1,585 to ?1,618 per equity share. However, the stock may further witness Zomato share like crash as one year lock-in for the pre-IPO inves...

Shares of CarTrade made a weak stock market debut on Friday by listing at Rs1,599.8 per share on the NSE, a discount to its issue price of Rs1,618 apiece. On BSE, CarTrade shares were trading around Rs1,579, down more than 2% from its IPO issue price.  The initial public offer (IPO) of the online auto classified platform was subscribed 20.29 times on the closing day of the subscription. The thre...

CarTrade IPO GMP: CarTrade Tech share allotment has been finalised. So, those who bid for the public issue worth Rs2,998.51 crore are anxiously waiting for the listing of CarTrade IPO. However, bidders are keeping their eye on the grey market too. For such bidders, CarTrade IPO GMP today is Rs260, Rs40 up from its yesterday's share price in the grey market. According to market observers, CarTrade ...