Thursday, December 04, 2025 | 10:02 PM ISTहिंदी में पढें
Business Standard
Notification Icon
userprofile IconSearch

CarTrade Tech hits new all-time low, stock down 46% from its issue price

Since October 29, 2021, the market price of CarTrade Tech slipped 24 per cent after the company reported a net loss for the second straight quarter of current fiscal.

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.
premium

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 CarTrade Tech hit a new low of Rs 881, down 1 per cent on the BSE in Tuesday’ intra-day trade in an otherwise firm market. The stock has now fallen as much as 46 per cent from its issue price of Rs 1,618 per share.

The stock of the company that operates online platforms for buying and selling of vehicles was quoting at its lowest level since its listing on August 20, 2021. It hit a high of Rs 1,610 on listing day, failing even to touch its issue price. In comparison, the S&P BSE Sensex was