CarTrade Tech Shares Gain On Threefold Jump In Q3 Profit

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Shares of the company rose 3.68% to Rs 491.70  apiece as of 10:25 a.m., compared with a 0.93% decline in the benchmark Nifty 50. The total traded volume so far in the day stood at 36.5 times its 30-day average.

Out of the seven analysts tracking the company, six maintain a ‘buy’ rating and one suggests ‘sell’ the stock, according to Bloomberg data. The 12-month consensus price target implies an upside of 60.2%.