CarTrade Tech is currently trading at RS. 1631.80, up by 16.95 points or 1.05% from its previous closing of RS. 1614.85 on the BSE.
The stock opened at RS. 1618.05 and touched an intraday high of RS. 1659.00 and a low of RS. 1618.05. So far, 1333 shares have been traded on the counter.
A BSE Group 'A' stock with a face value of RS. 10, CarTrade Tech has recorded a 52-week high of RS. 1885.00 on March 21, 2025, and a 52-week low of RS. 754.30 on June 28, 2024. Over the past week, the stock traded between a high of RS. 1700.60 and a low of RS. 1609.30. The company's current market capitalization stands at RS. 7752.14 crore.
Institutional investors hold a 76.32% stake in the company, while non-institutional investors own 23.68%.
In a significant development, CarTrade Tech has launched ‘CarTrade Labs’, an innovation hub aimed at driving future technology advancements. CarTrade Labs will focus on harnessing generative AI, data science, and rapid experimentation to fuel innovation and unlock new growth opportunities across CarTrade Tech’s platforms, including CarWale, BikeWale, OLX India, and Shriram Automall.
The initiative reflects CarTrade Tech’s long-term commitment to creating world-class technology solutions for the automotive sector and broader digital commerce ecosystem. CarTrade Labs will work on developing AI-powered dealer management systems, pricing intelligence tools, intelligent chatbots, and seamless digital retail experiences.
Structured as an independent and agile unit, CarTrade Labs will bring together expert teams of product strategists, engineers, designers, and data scientists to quickly test and scale new ideas. The lab will closely collaborate with various business verticals to ensure practical implementation and measurable impact.
Additionally, CarTrade Labs plans to explore partnerships with external startups, academic institutions, and global technology leaders to drive the next wave of digital transformation and emerging technologies.
CarTrade Tech continues to operate as a leading multi-channel auto platform with strong coverage across vehicle categories and value-added services, managing popular brands like CarWale, CarTrade, Shriram Automall, BikeWale, CarTrade Exchange, Adroit Auto, and AutoBiz.