CarTrade Tech shares jumped 14% to the day’s high of Rs 857.80 on the NSE on Monday after the multi-channel auto platform reported its highest ever revenue of Rs 161 crores for the quarter ended March 31, 2024, registering a 38% year-on-year growth. The profit after tax (PAT) for the reported quarter stood at Rs … Read more
Cipla Share Price 1198.65 03:59 PM | 24 Nov 2023 28.00(2.39%) Adani Enterprises Share Price 2225.45 03:59 PM | 24 Nov 2023 50.20(2.31%) Divis Laboratories Share Price 3764.80 03:59 PM | 24 Nov 2023 76.30(2.07%) Hindalco Industries Share Price 507.80 03:59 PM | 24 Nov 2023 5.85(1.17%) Axis Bank Share Price 1008.50 03:59 PM | … Read more
Benchmark indices rebounded on Tuesday after two days of decline amid a bullish trend in the US markets on easing rate hike worries. The 30-share BSE Sensex climbed 275 points to settle at 65,930 and the broader Nifty went up by 89 points to 19,783. Stocks that were in focus include names like Tata Investment, … Read more
Multi-channel auto platform CarTrade Tech‘s shares jumped nearly 17% on the NSE in Tuesday’s trade after the company said it will acquire 100% stake in Sobek Auto India Private Limited from OLX India BV. The cost of acquisition of Sobek will be for a consideration of Rs 537.43 crore which is to be paid on … Read more
Equity markets had a positive start to the week, but the sentiments were dampened after the central bank left the key rates unchanged, opting for a more cautious stance on inflation. During the week as many as 75 smallcap stocks delivered double-digit weekly returns with four of them rallying over 25%. Greenlam Industries was the … Read more
Mumbai: Initial public offerings (IPOs) in 2022 have helped investors make better money than the previous two years, with 17 of the 22 listings currently trading above their issue price amid sharp swings in the stock market. Some IPOs such as , Veranda Learning, Venus Pipes, and Campus Activewear, have more than doubled over the … Read more
New Delhi: Investors of the new-age companies feared a deja-vu on Dalal Street on Monday after the stock of dropped sharply after its mandatory lock-in ended on August 20. The companies, which are professionally managed and have no identifiable promoters, have a mandatory lock-in of one year for all pre-IPO equity shareholders from the date … Read more
Fund managers have shown high conviction in Initial Public Offers during August. They subscribed to the issues of , Nuvoco Vistas, Devyani International, CarTrade Tech and Krsnaa Diagnostics as many of these companies have unique business models and leadership positions within their industries. Leading fund houses have followed a bottom-up approach while picking stocks amid … Read more
New Delhi: Amidst the solid frenzy in the primary market, the issue of ‘profitable digital play’ CarTrade Tech is set to open on Monday. Mumbai-based CarTrade Tech is a multichannel mobility platform that is looking to raise about Rs 2,999 crore from the primary market. Here are key things that you should know about the … Read more