Arihant Capital has come out with its report on Cartrade Tech. The research firm has recommended to ”Subscribe” the ipo in its research report as on August 06, 2021.
Broker Research
August 09, 2021 / 07:47 AM IST
Arihant Capital IPO report on Cartrade Tech
CarTrade Tech Ltd is a multi-channel auto platform provider company. The company operates various brands such as CarWale, CarTrade, Shriram Automall, BikeWale, CarTradeExchange, Adroit Auto, and AutoBiz. The platform connects new and used automobile customers, vehicle dealers, vehicle OEMs, and other businesses to buy and sell different types of vehicles. The company offers a variety of solutions across automotive transactions for buying, selling, marketing, financing, and other activities.
Valuation and Outlook
We recommend investors subscribe for listing gains. Long-term investors are recommended to buy the stock on dips post listing.
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