$CARTRADE CarTrade Tech Ltd, the automotive digital marketplace operator

CarTrade Tech Ltd, the automotive digital marketplace operator, saw a sharp uptick on June 5 2026, closing +6.2% higher after announcing strong Q4 FY26 results and progress in its AI‑driven valuation platform. 🚗 CarTrade Tech – Key News Highlights Stock Performance: Closed at ₹678.40 (+6.2%) on June 5. Volume jumped 3× average daily turnover. Hit a fresh 52‑week high intraday. Q4 FY26 Results Snapshot: Revenue: ₹198.3 crore (+13.4% YoY) Net Profit: ₹42.6 crore (+27.8% YoY) EBITDA Margin: 28.1% (up 140 bps YoY) EPS: ₹8.15 (+25.6% YoY) Growth driven by used‑car listings, insurance renewals, and loan‑referral partnerships. Business Update: Launched AI‑powered vehicle valuation tool integrated across CarWale and BikeWale platforms. Strengthened partnerships with OEMs and banks for digital retail financing. Exploring EV resale analytics and fleet‑management data services. Sector Context: Auto‑tech stocks rallied after strong May vehicle sales and easing interest‑rate outlook. Peers like Cars24 and Spinny also reported higher transaction volumes. 📈 Technical Snapshot Metric Value Trend Support ₹650 Holding firm Resistance ₹690 Breakout zone RSI (14‑day) 69 Bullish momentum Volume Trend Rising Accumulation phase ✅ Investor Takeaway: CarTrade’s strong earnings and tech‑driven expansion reinforce its leadership in India’s auto‑digital ecosystem. Sustained trade above ₹680 could trigger a short‑term rally toward ₹700–₹710.