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CarTrade, Aptus Value, Krsnaa Diagnostics, Rolex Rings hit new lows

CarTrade Tech shares hit a new low of Rs 1,365 on the BSE today, falling 16% from its issue price of Rs 1,618 per share.

Experts further said that retail investors should be clear on whether they are taking short-term positions based on the sentiment or investing for the long term.
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Experts further said that retail investors should be clear on whether they are taking short-term positions based on the sentiment or investing for the long term.

SI Reporter Mumbai
Shares of the four recently listed companies, CarTrade Tech, Aptus Value Housing Finance India, Krshna Diagnostics and Rolex Rings, hit fresh lows since their listings on the bourses on Tuesday. These stocks were down between 2 per cent and 4 per cent on the BSE in intra-day trade.

CarTrade Tech, a company that operates online platforms for buying and selling of vehicles, hit a new low of Rs 1,365, down 4 per cent on the BSE. The company had debuted on August 20, 2021, and hs fallen 16 per cent below its issue price of Rs 1,618 per share.