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CarTrade zooms over 450% in 2 years after tanking 79% against issue price

Business Standard LogoBusiness Standard2d ago

CarTrade zooms over 450% in 2 years after tanking 79% against issue price - Business Standard

Quick Summary:

On Friday, March 21, 2025, global investment management firm Vanguard Group bought 713,835 shares or 1.5 per cent stake worth ₹128.

CarTrade's revenue for the first nine months (April to December) of the financial year 2024-25 (9MFY25) grew by 32 per cent year-on-year at ₹521.53 crore.

Of these 713,835 shares, Vanguard Emerging Markets Stock Index Fund bought 330,802 shares and Vanguard Group Inc AC Vanguard Total International Stock Index Fund acquired 383,033 shares, the exchange data shows.


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Article Details

Category: BusinessFinance

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-24 @ 10:42:46 (2 days ago)

News Timezone: GMT +5:00

News Source URL: business-standard.com

Language: English

Article Length: 818 words

Reading Time: 5 minutes read

Sentences: 38 lines

Sentence Length: 22 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Standard

News ID: 27269256

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Main Topics: BusinessFinance

Official Website: business-standard.com

Update Frequency: 250 posts per day

Year Established: 1975

Headquarters: India

News Last Updated: 2 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +5:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #49

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