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Amit Malviya

23rd Jun · SEBI-Registered Analyst

$CARTRADE CarTrade Tech Ltd (CARTRADE) news update – 23 June 2026

🚗 Market Snapshot 📈 CMP: ₹2,636 🔼 Up 2.55% today 💼 Sector: Auto‑Tech & Digital Marketplace 🔥 Gains driven by strong Q4 results and AI‑powered valuation platform rollout 📰 Key Highlights AI‑Powered Expansion Vehicle valuation engine integrated across CarWale, BikeWale, CarTrade Exchange. Boosts dealer adoption and financing partnerships. Financial Performance (Q4 FY26) Revenue: ₹198.3 Cr (+13.4% YoY) Net Profit: ₹42.6 Cr (+27.8% YoY) EBITDA Margin: 28.1% (up 140 bps YoY) EPS: ₹8.15 (+25.6% YoY) Strategic Moves Exploring EV resale analytics and fleet‑management data services. Strengthened ties with OEMs & banks for digital retail financing. Analyst View Brokerages revise target to ₹2,700–₹2,800. Positive on tech‑driven scalability and margin expansion. 📊 Investor Takeaways Short‑term catalyst: AI valuation rollout. Long‑term drivers: EV analytics, fintech integration, export data services. Support: ₹2,600 | Resistance: ₹2,700

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