CarTrade Tech lists 1% below issue price at Rs 1,600 per share

At 10:01 am, CarTrade Tech was trading at Rs 1,579.70, down 2.4 per cent to its issue pricee of Rs 1,1618 per share

CarTrade Tech made a weak debut on the bourses as the company’s shares listed at Rs 1,600, 1 per cent below its issue price of Rs 1,618 per share on the BSE on Friday. On the National Stock Exchange (NSE), the stock opened at Rs 1,599.80, the exchange data shows.

At 10:01 am, CarTrade Tech was trading at Rs 1,579.70, down 2.4 per cent, after hitting a low of Rs 1,548 in intra-day trade post its listing on the BSE. A combined around 4.1 million equity shares changed hands on the counter on the NSE and BSE. In comparison, the