CarTrade Tech Q2 profit more than doubles, stock surges 18% to all-time high

CarTrade Tech Q2 profit more than doubles, stock surges 18% to all-time high

Shares of CarTrade Tech surged as much as 18% on Tuesday to hit a fresh 52-week high of Rs 3143 on the BSE after the online auto reselling platform reported that its second-quarter profit more than doubled year-on-year, driven by robust revenue growth and stronger margins. The company’s consolidated net profit jumped 109% year-on-year to … Read more