NSE: CARTRADE · 3 November 2026
- Cartrade Tech has risen 12.94% over 2 trading sessions; today's move is +9.10%.
- Cartrade Tech Limited submitted its financial results for the quarter and half-year ended September 30, 2026, reporting a consolidated quarterly revenue of ₹213 crores and an EBITDA of ₹76 crores. The company also posted its highest-ever quarterly Profit Before Tax of ₹85 crores, supported by robust performance across its Consumer Group, Remarketing, and OLX India verticals.
- Trading volume was 2.40 times the 20-day average daily volume.
Cartrade Tech share price: 12.94% rise over 2 trading sessions
Cartrade Tech Ltd. (CARTRADE) advanced by 9.10% on November 3, trading near the upper end of its daily range. The stock opened at ₹2,264.60, touched an intraday high of ₹2,513.90, and hit a low of ₹2,250.70.
The broader market and sectoral backdrop provided a supportive environment for the session. The Nifty benchmark rose by 1.58%, while the Nifty Auto sector index gained 1.71%. Cartrade's advance outpaced these benchmark gains, reflecting stronger relative buying interest following a period of recent correction that saw the stock decline by 12.34% over the preceding five trading days and 15.75% over the last 20 trading days.
Company context remains anchored by the financial results for the quarter ended September 30, 2026, where the company reported a consolidated quarterly revenue of ₹213 crores and a Profit Before Tax of ₹85 crores, alongside continued operational expansion across its Consumer Group, Remarketing, and OLX India segments. While these earnings results were released prior to the session, they continue to provide fundamental context for investor sentiment alongside ongoing market positioning.
16.65 lakh shares traded by 3 November 2026 · 03:25 PM IST. This compares with a 20-day average daily volume of 6.94 lakh shares (2.40 times). The five-day average daily volume was 17.54 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 rallied 9.10% on high volume (2.40x the 20-day average) amid supportive broader market and sectoral moves, aided by buying interest following recent weakness.
Latest Company Developments
Cartrade Tech Limited submitted its financial results for the quarter and half-year ended September 30, 2026, reporting a consolidated quarterly revenue of ₹213 crores and an EBITDA of ₹76 crores. The company also posted its highest-ever quarterly Profit Before Tax of ₹85 crores, supported by robust performance across its Consumer Group, Remarketing, and OLX India verticals.
Earnings performance and segment-wise revenue growth provide the primary fundamental baseline for the company's valuation and ongoing operational momentum.
The company released an updated investor presentation detailing its strategic metrics, including digital traffic figures across CarWale, BikeWale, and OLX India, which collectively recorded approximately 76 million monthly unique visitors with 96% organic traffic. Management also highlighted the expansion of its pan-India physical network to over 500 locations.
It offers granular transparency into user acquisition metrics, ecosystem scale, and the ongoing integration of digital and physical touchpoints.
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
- Sustained volume levels relative to the 20-day average of 2.4x
- Execution and traffic trends across CarWale, BikeWale, and OLX India digital platforms
- Follow-through delivery percentage following the 30.96% print recorded on November 2
- Performance relative to the Nifty Auto sector benchmark
Other Dated Coverage
- Cartrade Tech Share Price Today: Falls 19.60% in 5 Trading Sessions | 2 November 2026 — 2 November 2026
- 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
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 consolidated quarterly revenue of ₹213 crores and an EBITDA of ₹76 crores. The company also posted its highest-ever quarterly Profit Before Tax of ₹85 crores, supported by robust performance across its Consumer Group, Remarketing, and OLX India verticals.
How strong was Cartrade Tech’s trading volume?
16.65 lakh shares traded, 2.40 times the 20-day average daily volume. The price and volume data are dated 3 November 2026 · 03:25 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.
