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CarTrade Tech stock jumps over 14% to 52-week high on robust Q2 earnings

CarTrade Tech s Q2FY24 performance impressed investors, leading to a more than 14% surge in its share price. The company reported a net profit of ₹13 crore, a 130% increase from the same period last year, and a net revenue of ₹147 crore, a 44% jump from Q2 FY23.

CarTrade Tech board approves investment of up to Rs 750 cr

The investment in automotive ecosystem will be by way of subscription, purchase or otherwise, the company said in a regulatory filing.

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