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Cartrade Tech Ltd (CARTRADE)

₹701.753.7%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

Cartrade Tech Ltd share Performance

  • ₹698
    ₹737.2
    ₹701.75
    downward going graph

    0.53%

    Low

    Day's Volatility:5.59%

    High

    5.05%

    downward going graph
  • ₹407
    ₹899.65
    ₹701.75
    downward going graph

    42.00%

    Low

    52 Weeks Volatility:70.20%

    High

    28.20%

    downward going graph
1 Month Return3.05 %
3 Month Return-0.21 %
1 Year Return70.36 %
Previous Close₹728.70
Open₹728.70
Volume5.32L
Upper Circuit-
Lower Circuit-
Market Cap₹3,416.72Cr

Analyst Rating

based on 5 analysts

BUY
80.00%
Buy
0.00%
Hold
20.00%
Sell

Based on 5 analysts offering long term price targets for Cartrade Tech Ltd. An average target of ₹784.4

Source: S&P Global Market Intelligence

Company Information

CarTrade Tech Limited is an automotive digital ecosystem that connects automobile customers, OEMs, dealers, banks, insurance companies and other stakeholders. The company was incorporated in April 2000 as Kaymo Fastener Company Private Limited and was subsequently changed to MXC Solutions India Private Limited and CarTrade Tech Private Limited in 2009 and 2021 respectively. The company was converted to a public company in April 2021 and is currently owned and operated under several brands such as CarTrade, Carwale and AutoBiz. In August 2021, the company went through an IPO and issued 18,532,216 equity shares of Rs 10 each at a price of Rs 1618 per share aggregating to Rs 2998.15 crore. These shares were listed on the BSE Ltd and the National Stock Exchange of India (NSE) on the 20 August 2021. By using the company’s platforms, customers, dealerships, OEMs and other businesses can easily buy and sell their vehicles.

Share Price: ₹701.75 per share as on 30 Apr, 2024 04:01 PM
Market Capitalisation: ₹3,416.72Cr as of today
Revenue: ₹138.59Cr as on December 2023 (Q4 23)
Net Profit: ₹-23.55Cr as on December 2023 (Q4 23)
Listing date: 20 Aug, 2021
Chairperson Name: Vinay Vinod Sanghi
OrganisationCartrade Tech Ltd
Headquarters
IndustryRetail
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Key events for Cartrade Tech Ltd

  • ICICI Prudential Mutual Fund Buys Stake in Cartrade Tech Ltd - 01 Apr, 2024

    Shares of Cartrade Tech Ltd jumped approximately 8% after ICICI Prudential Mutual Fund bought a stake in the company via a bulk deal. The mutual fund purchased nearly 5.93 lakh equity shares at an average trading price of Rs 640 per share, while Springfield Venture International sold nearly 6.31 lakh equity shares. The company's Q3FY24 operating revenues increased to Rs 139 crores from Rs 120 crores during Q2FY24, but profits dipped from Rs 5 crores to losses of Rs 24 crores due to increased cost pressure.

  • Private Equity Firms Own 40% of Cartrade Tech Ltd - 14 Mar, 2024

    Following a 12% decline in share price, private equity firms suffered the most losses as they own the lion's share of Cartrade Tech Ltd with 40% ownership. The top 5 shareholders control more than half of the company, giving them considerable sway over decision-making.

  • ICICI Prudential Picks Up Stake in CarTrade Tech - 07 Mar, 2024

    ICICI Prudential AMC and Mutual Fund acquired a 2.02% stake in CarTrade Tech Ltd, causing the company's shares to rise by 5%. Foreign investors MCP3 SPV LLC and Springfield Venture International sold their stakes.

  • ICICI Prudential picks up 2.02% stake in Cartrade Tech - 06 Mar, 2024

    Foreign investors MCP3 SPV LLC and Springfield Venture International sold their stakes in Cartrade Tech, while ICICI Prudential Asset Management Company and ICICI Prudential Mutual Fund picked up a 2.02% equity stake for Rs 70 crore.

Fundamentals of Cartrade Tech Ltd

Insights on Cartrade Tech Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, CARTRADE stock has moved up by 4.2%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 106.91 Cr → 151.86 Cr (in ₹), with an average increase of 15.9% per quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 2.20% to 4.21% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 20.71% to 23.83% in Mar 2024 quarter

  • imgPOSITIVE IMPACT

    Retail Holding Up

    img

    Retail Investor have increased holdings from 23.68% to 25.33% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, Zomato Ltd has given 205.1% return, outperforming this stock by 134.8%

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 4 quarters, 14.96 Cr → -24.23 Cr (in ₹), with an average decrease of 331.6% per quarter

Cartrade Tech Ltd Valuation

Cartrade Tech Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-385.42x)

February 16, 2023

Industry (-284.85x)

April 29, 2024

Today (509.58x)

April 29, 2024

Highest (552.20x)

February 29, 2024

LowHigh

Mutual Fund Holdings

Funds Holdings
ICICI Prudential India Opportunities Fund Direct GrowthICICI Prudential India Opportunities Fund Direct Growth0.47%
ICICI Prudential Technology Fund Direct Plan GrowthICICI Prudential Technology Fund Direct Plan Growth0.27%
ICICI Prudential ELSS Tax Saver Fund Direct Plan GrowthICICI Prudential ELSS Tax Saver Fund Direct Plan Growth0.17%
HDFC Large and Mid Cap Fund Direct GrowthHDFC Large and Mid Cap Fund Direct Growth0.09%
HDFC Infrastructure Fund -Direct Plan - Growth OptionHDFC Infrastructure Fund -Direct Plan - Growth Option0.36%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
0%
0.00
Foreign Institutions
23.83%
0.00
Mutual Funds
4.21%
0.00
Retail Investors
25.33%
0.00
Others
46.62%
0.00

Technicals of Cartrade Tech Ltd share

News & Events of Cartrade Tech Ltd

Frequently Asked Questions

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Cartrade Tech Ltd (CARTRADE) share price today is ₹701.75

Cartrade Tech Ltd is listed on NSE

Cartrade Tech Ltd is listed on BSE

  • Today’s highest price of Cartrade Tech Ltd is ₹737.2.
  • Today’s lowest price of Cartrade Tech Ltd is ₹698.

PE Ratio of Cartrade Tech Ltd is 509.58

PE ratio = Cartrade Tech Ltd Market price per share / Cartrade Tech Ltd Earnings per share

Today’s traded volume of Cartrade Tech Ltd(CARTRADE) is 5.32L.

Today’s market capitalisation of Cartrade Tech Ltd(CARTRADE) is ₹3416.72Cr.

Cartrade Tech Ltd(CARTRADEPrice
52 Week High
₹899.65
52 Week Low
₹407

Cartrade Tech Ltd(CARTRADE) share price is ₹701.75. It is down -22.00% from its 52 Week High price of ₹899.65

Cartrade Tech Ltd(CARTRADE) share price is ₹701.75. It is up 72.42% from its 52 Week Low price of ₹407

Cartrade Tech Ltd(CARTRADEReturns
1 Day Returns
-26.95%
1 Month Returns
3.05%
3 Month Returns
-0.21%
1 Year Returns
70.36%