Cartrade Tech Share Price

Cartrade Tech Limited was incorporated as Kaymo Fastener Company Private Limited on 28 April 2000 at Mumbai, Maharashtra as a Private Limited Company, and was granted the Certificate of Incorporation by the RoC, Maharashtra at Mumbai. The Company name was changed to MXC Solutions India Private Limited on 12 August 2009 and further changed to CarTrade Tech Private Limited, and a fresh Certificate of Incorporation was issued by the RoC on 20 April 2021. The Company subsequently was converted to a Public Limited Company and the name of the Company was changed to CarTrade Tech Limited on May 12, 2021.CarTrade Tech is a multichannel auto platform with coverage and presence across vehicle types and valueadded services. It offer a variety of solutions across the automotive transaction value chain such as the buying, selling, marketing, valuation, and financing of new and preowned cars, twowheelers, commercial vehicles, and farm and construction equipment. It operate through several platforms: CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto, and new vehicle CRM solution Autobiz. The Company owns and operates under several brands such as Car Trade, Carwale and AutoBiz. Through these platforms, it enables new and used customers,vehicle dealerships, OEMs and other businesses to buy and sell their vehicles in a simple and efficient manner. Apart from this, it operates an automotive digital ecosystem which connects automobile customers, OEMs, dealers, banks, insurance companies and other stakeholders. In 2016, the Company acquired CarWale and BikeWale acquired Adroit Auto in 2017 acquired equity stake in Shriram Automall in 2018. In August 2021, the Company came out with an IPO of 18532216 Equity Shares by raising funds from public aggregating up to Rs 2998.15 Crore. In 2021, the Company launched CarWale abSure platform, which offers quality handpicked used cars, thoroughly vetted by CarWale. In 2023, the Company acquired OLXs Classifieds and Auto Transactions business in India.In 202324, Company acquired 100% stake of OLX Auto from its holding Company OLX India B.V on August 11, 2023.

As of , Cartrade Tech share price is ₹1897.8. The stock opened at ₹1922 and had closed at ₹1922.1 the previous day. During today’s trading session, Cartrade Tech share price moved between ₹1,881.00 and ₹1,938.80, with an average price for the day of ₹1909.90. Over the last 52 weeks, the stock has recorded a low of ₹815.20 and a high of ₹2,000.00. In terms of performance, Cartrade Tech share price has increased by 28.9% over the past six months and has increased by 131.56% over the last year.