NSE: CARTRADE · 2 November 2026
- Cartrade Tech has fallen 19.60% over 5 trading sessions; today's move is +3.52%.
- Cartrade Tech Limited submitted its financial results for the quarter and half year ended September 30, 2026, reporting a record quarterly revenue of ₹213 crores, a 20% year-on-year jump in EBITDA to ₹76 crores, and a Profit Before Tax of ₹85 crores. The company highlighted strong operational momentum across its key segments, with OLX India delivering a 26% increase in revenue and a 36% rise in EBITDA.
- Trading volume was 0.83 times the 20-day average daily volume.
Cartrade Tech share price: 19.60% decline over 5 trading sessions
Cartrade Tech Ltd. (CARTRADE) moved higher by 3.52% on Monday, closing at ₹2,266.80 after swinging between an intraday low of ₹2,167.00 and a high of ₹2,324.00.
The broader market demonstrated strong positive momentum, with the benchmark Nifty rising 1.68% and the sector benchmark Nifty Auto advancing 1.33%. Cartrade Tech's 3.52% gain outpaced the broader sector performance on a relative basis, occurring against a backdrop of prior weakness where the stock had registered a -5.82% decline in the prior trading session and an -11.15% drop over the preceding two sessions.
While no single same-day announcement drove today's positive price action, the movement arrives in the wake of the company's recent Q2 FY27 financial disclosures and investor presentations released on October 28, 2026. During that period, Cartrade Tech reported its highest-ever quarterly revenue of ₹213 crores alongside a 20% year-on-year increase in EBITDA to ₹76 crores and a Profit Before Tax of ₹85 crores, driven by robust performance across its Consumer Group, Remarketing, and OLX India segments.
5.64 lakh shares traded by 2 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 6.82 lakh shares (0.83 times). The five-day average daily volume was 17.38 lakh shares. Separately, the NSE report for 2 November 2026 showed 1.74 lakh shares delivered, representing 30.96% of that day’s traded volume. The same report recorded 65,204 trades.
The stock recovered 3.52% during the session following steep losses over the prior five and twenty trading days. In the absence of a fresh same-day fundamental catalyst, the bounce appears to reflect technical positioning and participation aligned with positive broader market and sector benchmarks.
Latest Company Developments
Cartrade Tech Limited submitted its financial results for the quarter and half year ended September 30, 2026, reporting a record quarterly revenue of ₹213 crores, a 20% year-on-year jump in EBITDA to ₹76 crores, and a Profit Before Tax of ₹85 crores. The company highlighted strong operational momentum across its key segments, with OLX India delivering a 26% increase in revenue and a 36% rise in EBITDA.
Financial results and segment profitability metrics directly influence investor valuations and medium-term sentiment for digital platform enterprises.
The company published an updated investor presentation detailing its strategic position, organic traffic metrics of 96% across its platforms, and a pan-India footprint spanning over 500 physical locations. The presentation outlined ongoing technology integrations including AI-driven data foundations across CarWale, BikeWale, and OLX India.
Provides insight into management's long-term operational strategy, user engagement scale, and efficiency metrics across automotive ecosystems.
Cartrade Tech Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026.
Cessation of Mr Banwari Lal Sharma as Chief Executive Officer Consumer Business of the company effective. August 25, 2026.
Ownership & Transaction Activity
Mutual Fund Holdings
Mutual funds held 14.81% on 30 September 2026. This compares with 10.99% on 30 June 2026, a change of +3.82 percentage points.
The filing reported 32 MF/UTI holders.
Historical Bulk / Block Deals
What to Watch Next
- Sustainability of daily trading volume relative to its 20-day average of 0.83x
- Execution of AI-driven feature rollouts and agent integrations across OLX India and CarWale
- Delivery percentage trends tracking above or below the 30.96% recorded today
- Broader sector sentiment across digital platforms and automotive classifieds
Other Dated Coverage
- Cartrade Tech Share Price Today: Falls 11.83% in 2 Trading Sessions | 30 October 2026 — 30 October 2026
- Cartrade Tech Share Price Today: Falls 17.77% in 2 Trading Sessions | 29 October 2026 — 29 October 2026
- Cartrade Tech Share Price Today: Falls 13.89% in 2 Trading Sessions | 28 October 2026 — 28 October 2026
More Cartrade Tech news and dated analysis →
Frequently Asked Questions
What is the latest Cartrade Tech company news?
Cartrade Tech Limited submitted its financial results for the quarter and half year ended September 30, 2026, reporting a record quarterly revenue of ₹213 crores, a 20% year-on-year jump in EBITDA to ₹76 crores, and a Profit Before Tax of ₹85 crores. The company highlighted strong operational momentum across its key segments, with OLX India delivering a 26% increase in revenue and a 36% rise in EBITDA.
How strong was Cartrade Tech’s trading volume?
5.64 lakh shares traded, 0.83 times the 20-day average daily volume. The price and volume data are dated 2 November 2026 · 03:30 PM IST.
Do the mutual-fund figures show buying today?
They show holdings on 30 September 2026. Quarterly holdings do not identify purchases made on the article date.
Research & analysis: WittyTrades Research Desk
Reviewed by: Mohanish Sanghavi — SEBI Registered Research Analyst
Disclaimer: Investments in securities markets are subject to market risks. Registration with SEBI and NISM certification do not guarantee performance or returns. This article is for information and education, not personalised investment advice or a recommendation to buy, sell or hold.