NSE: CARTRADE · 12 November 2026
- Cartrade Tech Ltd. (CARTRADE) moved up 0.42% on Wednesday, closing at ₹2,644.30 compared to its previous close of ₹2,633.20. The stock traded within a day's range of ₹2,617.10 to ₹2,690.00.
- CarTrade Tech announced its unaudited financial results for the quarter ended September 30, 2026, delivering a record quarterly revenue of ₹213 crores, up 10% year-on-year. EBITDA rose 20% year-on-year to ₹76 crores with a margin expansion to 36%, while profit before tax reached a high of ₹85 crores. OLX India also maintained robust momentum, posting a 26% year-on-year increase in revenue.
- Trading volume was 0.18 times the 20-day average daily volume.
Why is Cartrade Tech share price rising on 12 November 2026?
Cartrade Tech Ltd. (CARTRADE) moved up 0.42% on Wednesday, closing at ₹2,644.30 compared to its previous close of ₹2,633.20. The stock traded within a day's range of ₹2,617.10 to ₹2,690.00.
In broader market context, the benchmark Nifty gained 0.18%, whereas the thematic Nifty Auto sector benchmark declined by 1.02%. Over a wider horizon, CarTrade Tech has experienced a 5-day return of 6.07% but remains down 16.13% over a 20-day period. Today's modest upward tick occurred against a backdrop of sector divergence and lightweight participation.
Company context is informed by recent developments and institutional interest. Ltd. selling 18,20,000 shares at ₹2,583 per share (valued at ₹470.11 crore) alongside buying interest from Smallcap World Fund Inc. and Norges Bank. While these filings provide important structural background on institutional repositioning, there was no single confirmed same-day catalyst explicitly driving today's price action.
1.44 lakh shares traded by 12 November 2026 · 03:30 PM IST. This compares with a 20-day average daily volume of 7.98 lakh shares (0.18 times). The five-day average daily volume was 5.44 lakh shares. Separately, the NSE report for 12 November 2026 showed 43,619 shares delivered, representing 30.19% of that day’s traded volume. The same report recorded 16,930 trades.
No single confirmed catalyst explains today's 0.42% gain. The movement appears consistent with light volume technical positioning and a continuation of recent 5-day rebound momentum against broader sector weakness.
Latest Company Developments
CarTrade Tech announced its unaudited financial results for the quarter ended September 30, 2026, delivering a record quarterly revenue of ₹213 crores, up 10% year-on-year. EBITDA rose 20% year-on-year to ₹76 crores with a margin expansion to 36%, while profit before tax reached a high of ₹85 crores. OLX India also maintained robust momentum, posting a 26% year-on-year increase in revenue.
Demonstrates healthy revenue scale and expanding operating margins across core digital platforms including CarWale, BikeWale, and OLX India.
NSE large-deal disclosures showed that MacRitchie Investments Pte. Ltd. sold 18,20,000 shares at ₹2,583 per share for ₹470.11 crore. Concurrently, Smallcap World Fund Inc. acquired 14,29,533 shares and Norges Bank bought 2,93,650 shares at the same price level.
Reflects notable portfolio reshuffling among major institutional shareholders in early November.
The company released an updated investor presentation outlining its digital auto ecosystem metrics, noting approximately 76 million average monthly unique visitors during the second quarter with 96% organic traffic. It also emphasized its growing pan-India network spanning over 500 physical locations.
Provides visibility into user engagement metrics and the asset-light phygital expansion strategy.
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 delivery percentage and cash volume relative to the 20-day average volume benchmark
- Post-earnings institutional holding adjustments following recent November bulk deals
- Execution progress and revenue contribution from the OLX India and Consumer Group segments
- Performance trends relative to the Nifty Auto sector benchmark
Other Dated Coverage
- Cartrade Tech Share Price Today: Rises 19.11% in 5 Trading Sessions | 9 November 2026 — 9 November 2026
- Cartrade Tech Share Price Today: Rises 23.25% in 5 Trading Sessions | 6 November 2026 — 6 November 2026
- Cartrade Tech Share Price Today: Rises 13.57% in 3 Trading Sessions | 4 November 2026 — 4 November 2026
More Cartrade Tech news and dated analysis →
Frequently Asked Questions
What is the latest Cartrade Tech company news?
CarTrade Tech announced its unaudited financial results for the quarter ended September 30, 2026, delivering a record quarterly revenue of ₹213 crores, up 10% year-on-year. EBITDA rose 20% year-on-year to ₹76 crores with a margin expansion to 36%, while profit before tax reached a high of ₹85 crores. OLX India also maintained robust momentum, posting a 26% year-on-year increase in revenue.
How strong was Cartrade Tech’s trading volume?
1.44 lakh shares traded, 0.18 times the 20-day average daily volume. The price and volume data are dated 12 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.