India's Cartrade Tech gains after spike in traffic at platforms

CarTrade Tech

23/09/2025 09:29

** Shares of Cartrade Tech CART.NS rise as much as 4.2% to 2,490 rupees, last up 1%

** Co said traffic at its platforms, CarWale and BikeWale, rose 74% to their highest ever single-day traffic on Monday

** CART says spike in traffic highlights combined impact of festive season demand and tax rate cut, which enhanced affordability and lifted consumer sentiment across automobile sector

** India's Nifty auto index .NIFTYAUTO rises to record high

** CART up ~62% YTD

 (Reporting by Vijay Malkar)

 ((VijayDattaram.Malkar@thomsonreuters.com;))