On September 23, 2025, CarTrade Tech share price (NSE: CARTRADE) climbed 4.2% to an intraday high of ₹2,488.5 before trading 3.21% higher at ₹2,463.6. Meanwhile, the BSE Sensex was down 0.09% at 82,082.98. The company’s market value now stands at ₹11,728 crore, with the stock up 153% in the past year, far outpacing the Sensex’s 3% decline.
The surge followed the company’s announcement that its platforms CarWale and BikeWale recorded their highest-ever single-day traffic on the first day of Navratri. Traffic jumped 74% compared to last year’s Navratri opening day and 60% over the August 2025 daily average.
CarTrade attributed the surge to festive season demand and the recent GST rate cut, which improved affordability and lifted consumer sentiment in the auto sector. CEO Banwari Lal Sharma said the milestone reflects the trust millions of Indians place in CarWale and BikeWale while researching and purchasing vehicles.
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CarTrade Tech runs a multi-channel auto platform through brands like CarWale, BikeWale, CarTrade, Shriram Automall, Adroit Auto, CarTradeExchange, and OLX India. It connects customers, dealers, OEMs, banks, and insurers in one automotive digital ecosystem, covering both new and used vehicles.
CarTrade Tech’s stock gained momentum after its platforms hit record festive traffic. With strong brand trust and rising consumer activity, the company is well-positioned to benefit from India’s growing auto demand.
Disclaimer: This blog has been written exclusively for educational purposes. The securities or companies mentioned are only examples and not recommendations. This does not constitute a personal recommendation or investment advice. It does not aim to influence any individual or entity to make investment decisions. Recipients should conduct their own research and assessments to form an independent opinion about investment decisions.
Investments in securities are subject to market risks. Read all related documents carefully before investing.
Published on: Sep 23, 2025, 4:07 PM IST
Kusum Kumari
Kusum Kumari is a Content Writer with 4 years of experience in simplifying financial market concepts. Currently crafting insightful content at Angel One, She specialise in breaking down complex topics into easy-to-understand pieces, blending expertise in market fundamentals and technical analysis.
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