CarTrade Tech share price: On technical setup, the counter's 14-day relative strength index (RSI) came at 70.03. A level below 30 is defined as oversold while a value above 70 is considered overbought. The company's stock has a price-to-earnings (P/E) ratio of 69.96. It has a price-to-book (P/B) value of 1.14.
In a stock exchange filing on Monday, CarTrade said that it will acquire 100% stake in Sobek Auto India Pvt Ltd, the entity which houses OLX India’s automotive business for a cash consideration.
CarTrade Buys OLX India's Auto Business For Rs 537 Crore outlookindia.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from outlookindia.com Daily Mail and Mail on Sunday newspapers.