Shares of CarTrade Tech Ltd are trading flat after touching a dayβs high of Rs 2,490 on 23rd September, following the companyβs 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.
βYesterday 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,β said Banwari Lal Sharma, CEO β Consumer Group, CarTrade Tech.
At 3:10 PM, the shares of CarTrade were trading 0.54% higher at Rs 2,402 on NSE.
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