India's CarTrade Tech gains on returning to profit in Q3

CarTrade Tech

29/01/2025 06:48

** Shares of CarTrade Tech  CART.NS  up 5.1% at 1,438 rupees
    ** Online vehicle classifieds and auction portal reports a
profit of 426.9 million rupees ($4.9 million) in Q3 vs loss in
the year-ago period
    ** CART shares rose as much as 8.9% after results but pared
some gains
    ** Stock set for third straight day of gains
    ** Analysts tracking stock rate it "buy" - LSEG data
    ** Stock pares monthly losses to 3.6%; down after four-month
winning run



($1 = 86.5640 Indian rupees)

 (Reporting by Nandan Mandayam in Bengaluru)
 ((Nandan.Mandayam@thomsonreuters.com; Mobile: +91 9591011727;))