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
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
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