MARKETS

CarTrade Tech Shares Flat as CarWale, BikeWale Traffic Hits Record This Navratri

CarTrade was in talks with Girnar Software about a possible merger of CarDekho and BikeDekho.
CarTrade was in talks with Girnar Software about a possible merger of CarDekho and BikeDekho.

Shares of CarTrade Tech Ltd are trading flat after touching a day’s high of Rs 2,490 on 23rd September, following the company’s report of record traffic on its consumer platforms, CarWale and BikeWale, during Navratri.

CarTrade Tech stated that both CarWale and BikeWale experienced their highest-ever single-day traffic on 22nd September. Traffic increased by 74% compared to the first day of Navratri last year and 60% above the daily average for August 2025.

The company attributed the rise to festive season demand and the recent GST rate cut, which improved affordability and boosted consumer sentiment in the automobile sector.

β€œYesterday was a landmark day for our platforms. Festive excitement, combined with GST-led affordability, drove unprecedented consumer activity, highlighting the trust millions of Indians place in CarWale and BikeWale,” said Banwari Lal Sharma, CEO – Consumer Group, CarTrade Tech.

At 3:10 PM, the shares of CarTrade were trading 0.54% higher at Rs 2,402 on NSE.

Unlock profitable opportunities every day! Unicorn Signals provides actionable intraday trading signals for stocks and futures. Don’t miss out – download Unicorn Signals and start winning now!

Click here to check market prediction for next trading session.

Get Daily Prediction & Stocks Tips On Your Mobile


I would like to receive communication from EquityPandit via sms, email, whatsapp, Google RCS for offers, updates etc.



πŸ“°
News
πŸ“ˆ
Prediction
πŸ“Š
FII / DII
πŸ‘”
Advisory
Get 1-2 Index Option Trades Daily