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CarTrade Tech records growth of 31% in Total Income and 56% in Profit from Continuing Operations in Q3FY24

CarTrade Tech records growth of 31% in Total Income and 56% in Profit from Continuing Operations in Q3FY24
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cartrade tech stock target: Stock Radar: Down 20% from highs! This smallcap stock is showing signs of bottoming out; time to buy?

Short-term traders, who can take higher risk, can look to buy the stock now for a possible target above Rs 830 in the next 3-4 weeks, suggested experts. The stock, which is also a part of the S&P BSE Smallcap index, hit a 52-week high of Rs 899 on November 12, 2023, but failed to hold on to the momentum. It closed at Rs 716 on January 20, 2024, which translates into a downside of over 20%.

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CarTrade Technologies open to further acquisitions to fast-track expansion plans, ET Auto

Cartrade: The integration with OLX, CEO Vinay Sanghi said, has also helped more than double the average number of unique visitors to 68 million per month, with 90% of these coming in organically. While auto still continues to comprise 80% of revenues at the Group, Sanghi said the focus will also be on expanding non-auto business verticals going ahead.

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CarTrade Technologies open to further acquisitions to fast-track expansion plans

The integration with OLX, CEO Vinay Sanghi said, has also helped more than double the average number of unique visitors to 68 million per month, with 90% of these coming in organically. While auto still continues to comprise 80% of revenues at the Group, Sanghi said the focus will also be on expanding non-auto business verticals going ahead.

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Cos Infusing Influence Capital into Boards

Erstwhile government administrators are carving a niche for themselves at India Incs boards.By roping in former revenue secretary Tarun Bajaj at the beginning of this month, Hindustan Unilever (HUL) became the second Nifty 50 and third FMCG company in the past six months to appoint a former bureaucrat as an independent director.

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