26 Sep 2025 | 5 Mins Read
CarTrade Shares See Dramatic 1-Year Price Surge
Flipitmoney
Shares of CarTrade Tech rose 8% to Rs 2,648.25, propelled by Elara Capital's 'buy' rating and Rs 3,590 target, alongside a Rs 98 crore buy by Norway's sovereign wealth fund. The broker forecasts 25% revenue growth, 37% EBITDA expansion, and Rs 12.6bn revenue by FY28E, citing strong leadership, low customer acquisition costs, and clear monetization opportunities.