Shares of CarTrade Tech hit a new high of ₹3,008.95, soaring 13% on the BSE in Tuesday's intra-day trade after the company reported its highest-ever quarterly revenue and PAT for Q2FY26.
Domestic brokerage JM Financial downgraded CarTrade to a 'Sell' rating from 'Hold' with a September 2026 target price of ₹2,350, implying around 14 per cent downside from current levels.
CarTrade stock hit a new high of ₹2,586, surging 5% in an otherwise subdued market after OLX India said it achieved its highest-ever monthly revenue in July and August 2025.
The subscription-based Elite Buyer Program gives users category-specific tags and verified leads to speed up responses and boost trust in second-hand transactions
Thursday's rally comes on the back of the company's announcement that its business platforms, including CarWale, BikeWale, and OLX India, have surpassed 150 million unique annual users
Sell your old device at a reasonable price before buying a new device. If you are finding ways to sell old phones then here are the top 5 websites, where you can sell your old device at a good price
Prosus's online marketplace and classifieds business arm, Olx Group has laid off approximately 800 employees worldwide and shut down its automotive division in some markets
Joining the mass layoff season, online marketplace OLX Group is slashing 15% of its workforce, or more than 1,500 employees, globally including in India
Shift to UVs from sedans, vans, and small cars to drive the trend
The market for used cars has been outselling, trend expected to continue
The pre-owned car market has got a boost with the entry of startups like Cars24, Olx Autos, Droom and CarTrade. But there's still a policy vacuum here. Let's understand how it can hit the market
The firm unveiled a new web as well as a mobile platform designed to bring a new level of innovation and convenience to pre-owned car trading in India
The accused had taken a picture of the "Jansampark Kaaryalay (public relations office)" of Modi in Varanasi
Olx says demand is 112 per cent of pre-Covid phase; Firms confident of demand sustenance beyond festivals
Even as the preference for a personal vehicle is growing owing to safety concerns, buyers are not willing to fork out much
If the repair cost is more than 50 per cent, it may make sense to replace
Defendant's web portal enables consumers to publish advertisements for selling and offering goods and services for a consideration
Industry estimates suggest the logistics sector will create employment for at least 3 million people by 2022, said OLX People
In collaborative systems, the role of the users may switch between ''consumers'' and ''producers''
In India, OLX and FCG have a joint venture that operates OLX CashMyCar stores across almost 17 cities