CarTrade Tech experienced a significant blow on September 10, 2025, as its stock value plummeted 13% in a single session. The sharp decline followed a rating downgrade that triggered investor caution, disrupting its recent uptrend and reversing strong gains accumulated over the past year.
CarTrade Tech's stock slipped 17% on September 10, 2025, to ₹2,271.9 on an intraday basis, ending its three-day winning streak. This drop marked the biggest single-day fall in the company’s trading history. The decline came despite the company recently showing strong growth, having surged 8 times from its March 2023 low and surpassing its IPO price of ₹1,618 in the process.
The key reason for the fall is concerns around CarTrade Tech’s valuation and its high dependency on B2B revenue. Although the company runs B2C platforms, it relies substantially on business clients, which may expose it to cyclical fluctuations in enterprise spending. Rapid advances in generative AI tools also raise potential disruptions to customer behaviour, adding to uncertainties.
Despite the stock setback, CarTrade Tech noted improvements on the consumer side. Following a rationalisation of GST rates on automobiles, its platforms CarWale and BikeWale recorded a 25% increase in consumer traffic. The company’s leadership stated that the GST changes could lower vehicle ownership costs, thereby increasing vehicle demand and boosting both new and used vehicle sales.
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On September 10, 2025, CarTrade Tech share price opened at ₹2,705.10 on NSE, below the previous close of ₹2,737.40. During the day, it surged to ₹2,705.10 and dipped to ₹2,222.20. The stock is trading at ₹2,363.20 as of 11:16 AM. The stock registered a significant decline of 13.67%.
Over the past week, it has declined by 7.56%, over the past month, it has moved up by 1.13%, and over the past 3 months, it has moved up by 42.97%.
CarTrade Tech’s 17% decline on September 10, 2025, highlights investor nervousness over valuation and revenue concentration risks. The situation underlines how broader sentiment can swiftly reverse, despite recent operational strength and consumer gains due to GST reform.
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Published on: Sep 10, 2025, 12:49 PM IST
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