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CarTrade Tech soars on inking pact to acquire 100% stake in Sobek Auto India

CarTrade Tech soars on inking pact to acquire 100% stake in Sobek Auto India
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cartrade tech share price: CarTrade Tech shares jump 17% on acquisition of OLX India s auto business

The cost of acquisition of Sobek will be for a consideration of Rs 537.43 crore which is to be paid on the completion date of the acquisition, the company said in a filing to the exchanges. The nature of consideration is cash, the filing added.

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CarTrade Tech reports its highest ever Revenue and Adjusted EBITDA

(This story has not been edited by THE WEEK and is auto-generated from a PTI

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CarTrade Tech shares jump 10% after posting highest-ever revenue in Q4

CarTrade Tech share price: The counter's 14-day relative strength index (RSI) came at 60.96. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a negative price-to-equity (P/E) ratio of 176.37. It has a price-to-book (P/B) value of 0.96.

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CarTrade Tech launches CarTrade Ventures

CarTrade Tech launches CarTrade Ventures

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