VINAY SANGHI
CarTrade Tech shares jump 14% on highest ever revenue in Q4, PAT grows 43% YoY For the full financial year the revenue stood at Rs 555.23 crore recording a 30% YoY jump while the net profit was at Rs 82.13 crore which was a 103% growth.
06 May, 2024, 12.47 PM ISTBosses' Perfect 10: From northern lights to daily walks, their sublime experiences revealed From a picturesque ocean drive to seeing the aurora borealis, bosses reveal one experience that is a perfect 10 for them.
05 Apr, 2024, 03.54 PM ISTCarTrade Technologies open to further acquisitions to fast-track expansion plans The integration with OLX, CEO Vinay Sanghi said, has also helped more than double the average number of unique visitors to 68 million per month, with 90% of these coming in organically. While auto still continues to comprise 80% of revenues at the G...
11 Jan, 2024, 07.07 PM IST- ADVERTISEMENT
CarTrade shares jump 13% on strong Q2 earnings, hit 52-week high Today's gains take stocks' rally to seven sessions in a row. The price action was supported by volumes as 16 lakh shares changed hands on the NSE around 11:15 am.
10 Nov, 2023, 12.31 PM ISTCarTrade Tech shares jump 7% as Q1 PAT soars 300% YoY The company received 3.4 crore average monthly unique visitors for Q1 FY24, of which 85% were organic, the company filing claimed. The number of listings for auction was 250,103 for Q1 FY24 while the volumes sold via auction was 49,112 during the re...
10 Aug, 2023, 12.16 PM ISTCarTrade Tech says it owns classifieds platform OLX’s entire India business The company had earlier said that it was acquiring 100% of Sobek Auto India Pvt Ltd, the entity that houses OLX India's auto business, but added in a new statement that Sobek also consists of the OLX classifieds platform.
13 Jul, 2023, 08.54 AM ISTBuy Greaves Cotton, target price Rs 176: Rajesh Palviya Greaves Cotton, incorporated in the year 1922, is a Mid Cap company (having a market cap of Rs 3562.76 Crore) operating in Engineering sector.
11 May, 2023, 09.22 AM ISTCarTrade Q4 results: Profit at Rs 17.5 crore, revenue grows 19% YoY Multi-channel auto platform CarTrade Tech reported a consolidated net profit of INR17.49 crore ($2.3m) for Q4 FY23. This compares with a net loss of INR21.39 crore in the same period a year ago. Its revenue surged 19% YoY to INR116.6 crore due to or...
28 Apr, 2023, 01.15 PM ISTBuy Greaves Cotton, target price Rs 183: Sharekhan by BNP Paribas Greaves Cotton., incorporated in the year 1922, is a Mid Cap company (having a market cap of Rs 2921.16 Crore) operating in Engineering sector.
17 Mar, 2023, 11.37 AM ISTBuy Greaves Cotton, target price Rs 183: Sharekhan by BNP Paribas Performance of Greaves Cotton is expected to improve on revival of its EV business.
01 Mar, 2023, 10.08 AM ISTCarTrade launches CarTrade Ventures, plans to invest Rs 750 crore in automotive space The company, in a statement, said it will look to acquire and invest in companies offering differentiated services and technology in the automotive space.
23 Feb, 2023, 07.59 PM ISTBuy Greaves Cotton, target price Rs 183: Sharekhan by BNP Paribas The stock trades at a P/E multiple of 21.2x and EV/EBITDA multiple of 9.1x its FY2024E estimates.
28 Dec, 2022, 10.09 AM IST'Used car biz may more than double in 5 years' According to Sanghi, who is also the company's chief executive, consumer behaviour has altered significantly since the outbreak of the pandemic, and the ability to consume digitally has gone up. "Almost every vehicle purchase today is researched onl...
26 Sep, 2022, 11.55 PM ISTCarTrade Tech IPO to open on August 9; price band fixed at Rs 1,585-1,618 The public issue of up to 1,85,32,216 equity shares is a complete offer for sale (OFS) by existing selling shareholders and the company will not receive any proceeds from the issue.
03 Aug, 2021, 08.13 AM ISTHuge discounts on cards for BS-IV bikes Two-wheeler and commercial vehicle makers and dealers that hold unsold Bharat Stage-IV stock may offer huge discounts in the coming days, with less than three weeks left to register such vehicles, industry executives said.
11 Mar, 2020, 08.49 AM ISTIn India, it takes 5 to 7 years to change people's behaviour CarTrade has 9,000 dealers (there are about 15,000 dealers across the country) and 2 lakh vehicles listed. It has raised $225 million from Temasek, Warburg Pincus, and others. Sanghi says CarTrade influences 30% of car buying in India.
24 Apr, 2017, 11.58 AM ISTFor CarTrade, fortune lies in solving financing woes In a market that does not inspire much confidence in financiers or buyers, the company has launched a certification service to provide quality checks to used cars and for providing transparency.
28 Jul, 2016, 03.32 PM ISTHow India's startups founders find work-life balance Meet the founders of some of India's best-known startups who have managed to don all the hats their work requires while finding time for family and to unwind.
29 May, 2016, 12.11 PM ISTCarTrade to venture into used-car financing CarTrade recently raised Rs 950 crore from Singapore-based investment firm Temasek and global venture capital firm March Capital.
29 Feb, 2016, 05.53 AM ISTStartups vie for IPL airspace with biggies Industry watchers estimate the ongoing IPL 2015 to rake in over Rs 1,000 crore for its official broadcaster, Multi-Screen Media.
15 Apr, 2015, 11.53 AM IST