CarTrade Tech (CARTRADE) Share Price Falls 5.03% to Rs 2,339.10 for a Second Straight Session
- October 29, 2026
- Posted by: Kunal Singla
- Category: News
The CarTrade Tech share price fell 5.03% in today’s trade and extended its decline to a second straight session, with the stock at Rs 2,339.10 as of 29 October 2026 at 2:37:47 PM IST, against a previous close of Rs 2,463.00. Over the two sessions, the stock is down 17.07% from the streak starting level of Rs 2,820.65.
The Mid Cap company operates in the Automobiles – Dealers & Distributors industry within the Automobile & Ancillaries sector and has a market capitalisation of Rs 13,667.29 crore. The stock opened at Rs 2,473.15, above the previous close, and touched a day high of Rs 2,484.85 before sliding to a low of Rs 2,304.00.
Among the CarTrade Tech stock news today, a brokerage note on the Q2FY27 results was reported earlier in the morning, and it is covered in detail below. The key CarTrade Tech fundamental figures are a P/E ratio of 51.62, a P/B ratio of 5.20, ROE of 11.59%, ROCE of 12.88%, EPS of Rs 47.71 and book value of Rs 473.99 per share. What to monitor next is how the price holds against the day’s low and how these ratios compare with the dealer and distributor peers analysed below.
CarTrade Tech (CARTRADE) Share Price Fall Streak: Consecutive Decline Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 2,339.1 |
| Previous Close | Rs 2,463 |
| Today's Move | -Rs 123.90 (-5.03%) |
| Open | Rs 2,473.15 |
| High | Rs 2,484.85 |
| Low | Rs 2,304 |
| Market Capitalisation | Rs 13,667.29 crore |
The CarTrade Tech share price today stands at Rs 2,339.10, down Rs 123.90 or 5.03% from the previous close of Rs 2,463.00. This is the second straight session of decline, and the cumulative fall since the streak starting level of Rs 2,820.65 stands at 17.07%. The latest move should therefore be read as part of a two-session slide and not as a single-session decline.
The stock opened at Rs 2,473.15, which was above the previous close, and reached a high of Rs 2,484.85 early in the session. It then moved lower and touched a low of Rs 2,304.00. The price of Rs 2,339.10 sits Rs 35.10 above that low and Rs 145.75 below the day high, so the CarTrade Tech share price has spent the session within a range of Rs 180.85.
The decline was recorded at 2:37:36 PM IST on 29 October 2026, and every figure here reflects a session that is still in progress. These levels will change as trading continues, so the CarTrade Tech share price update should be treated as a snapshot of the move so far.
Why CarTrade Tech (CARTRADE) May Be Moving Today
CarTrade Tech (CARTRADE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 13,667.29 crore |
| P/E Ratio | 51.62x |
| P/B Ratio | 5.2x |
| ROE | 11.59% |
| ROCE | 12.88% |
| EPS | Rs 47.71 |
| Book Value Per Share | Rs 473.99 |
| Dividend Yield | 0% |
CarTrade Tech (CARTRADE) fundamental metrics show P/E 51.62x, P/B 5.2x, ROE 11.59%, ROCE 12.88%. These ratios show where the company stands today and are not a call to buy or sell.
CarTrade Tech has a market capitalisation of Rs 13,667.29 crore and falls in the Mid Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 51.62x, P/B at 5.2x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 11.59% and ROCE of 12.88%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 47.71, book value per share of Rs 473.99, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 13.71x, median ROE of 8.37%, median ROCE of 11.43%. Together they describe the fundamental backdrop without implying a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Automobile & Ancillaries |
| Industry | Automobiles – Dealers & Distributors |
| Benchmark Scope | same industry |
| Company P/E Ratio | 51.62x |
| Benchmark Median P/E | 13.71x |
| Benchmark Average P/E | 25.72x |
| Benchmark P/E Range | 5.73x to 51.62x |
| Company P/B Ratio | 5.2x |
| Benchmark Median P/B | 2.06x |
| Benchmark Average P/B | 2.63x |
| Company ROE | 11.59% |
| Benchmark Median ROE | 8.37% |
| Benchmark Average ROE | 14.6% |
| Company ROCE | 12.88% |
| Benchmark Median ROCE | 11.43% |
| Benchmark Average ROCE | 13.52% |
| Company Market Capitalisation | Rs 13,667.29 crore |
| Benchmark Median Market Cap | Rs 208.98 crore |
| Benchmark Average Market Cap | Rs 2,089.9 crore |
CarTrade Tech (CARTRADE) operates in the Automobile & Ancillaries sector, within the Automobiles – Dealers & Distributors industry.
CarTrade Tech (CARTRADE) has a P/E ratio of 51.62x, which is above the benchmark median of 13.71x, a difference of +276.51%. A P/E difference of this kind is a reference point rather than a recommendation.
CarTrade Tech (CARTRADE) has a ROE of 11.59%, which is above the benchmark median of 8.37%, a difference of +38.47%. CarTrade Tech (CARTRADE) has a ROCE of 12.88%, which is above the benchmark median of 11.43%, a difference of +12.69%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Landmark Cars | LANDMARK | 1,797.3 | 40.4 | 3.06 | 6.75 | 10.92 |
| Popular Vehicles & Services | PVSL | 651.46 | NA | 1.06 | -1.97 | 7.9 |
| Competent Automobiles Company | COMPEAU | 225.56 | 10.58 | 0.59 | 5.47 | 9.02 |
| AMBA AUTO SALES AND SER L | AMBAAUTO | 192.4 | 13.71 | 5.93 | 65.66 | 32.69 |
| Bikewo Green Tech | BIKEWO | 156.89 | 48.86 | 3.79 | 8.15 | 10.98 |
CarTrade Tech (CARTRADE) has a P/E ratio of 51.62x compared with the displayed peer median of 27.06x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 11.59% compares with a peer median of 6.75% across the companies shown in the table. ROCE stood at 12.88% versus the displayed peer median of 10.92%, providing a capital-efficiency comparison. CarTrade Tech (CARTRADE) has a market capitalisation of Rs 13,667.29 crore. It is larger by market capitalisation than all 5 peers shown.
Why Investors Are Watching CarTrade Tech
- The CarTrade Tech share price fell 5.03% to Rs 2,339.10, its second straight session of decline.
- The cumulative fall stands at 17.07% from the streak starting level of Rs 2,820.65.
- A same-day Nomura report on the Q2FY27 results is the only news item reported for the stock.
- The P/E of 51.62 is the highest in the same-industry benchmark, whose median is 13.71.
- Market capitalisation of Rs 13,667.29 crore places it in the Mid Cap category, with EPS of Rs 47.71.
About CarTrade Tech
CarTrade Tech is a Mid Cap company classified under the Automobile & Ancillaries sector and the Automobiles – Dealers & Distributors industry. That classification places it alongside companies such as Landmark Cars, Popular Vehicles & Services, Competent Automobiles Company, AMBA Auto Sales and Services, and Bikewo Green Tech, and the grouping allows valuation multiples and returns on capital to be compared on a like-for-like basis.
With a market capitalisation of Rs 13,667.29 crore, CarTrade Tech sits far above the benchmark median of Rs 208.98 crore for its industry, and its company overview in this article stays with the sector, industry and size facts that Univest data confirms.
Track CarTrade Tech Share Price on Univest
Use CarTrade Tech (CARTRADE) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Readers can track the live CarTrade Tech share price on Univest, along with fundamental ratios such as P/E, P/B, ROE and ROCE, 52-week levels and wider market insights. Univest also lets readers follow the CarTrade Tech share price update through the session and compare the stock with other companies in the same industry. The page is meant for tracking and research, and it carries no recommendation.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why is CarTrade Tech share price falling today?
Ans. The CarTrade Tech share price is down 5.03% at Rs 2,339.10 against a previous close of Rs 2,463.00, its second straight session of decline. A same-day Nomura report on Q2FY27 results was published, but Univest does not state a cause.
What is the CarTrade Tech share price today?
Ans. The CarTrade Tech share price was Rs 2,339.10 as of 2:37:47 PM IST on 29 October 2026. The stock opened at Rs 2,473.15, touched a high of Rs 2,484.85 and a low of Rs 2,304.
How much has CarTrade Tech fallen over the streak?
Ans. CarTrade Tech has fallen for a second straight session, and the cumulative decline is 17.07% from the streak starting level of Rs 2,820.65. The latest session accounts for a fall of 5.03% to Rs 2,339.10 so far.
What is the market cap of CarTrade Tech?
Ans. CarTrade Tech has a market capitalisation of Rs 13,667.29 crore and is classified as a Mid Cap company. Market cap indicates company size rather than quality, and the benchmark median for its industry is Rs 208.98 crore.
What is the P/E ratio of CarTrade Tech?
Ans. CarTrade Tech has a P/E ratio of 51.62 against a same-industry median of 13.71 and an average of 25.72. The benchmark P/E range runs from 5.73 to 51.62 across the 7 companies that report a P/E, so CarTrade Tech sits.
What are the ROE and ROCE of CarTrade Tech?
Ans. CarTrade Tech reports ROE of 11.59% and ROCE of 12.88%. Both sit above the same-industry medians of 8.37% and 11.43% and below the averages of 14.60% and 13.52%. ROE measures return on equity, while ROCE measures return on capital employed.
What are the EPS and book value of CarTrade Tech?
Ans. The EPS of CarTrade Tech is Rs 47.71, showing earnings attributable to each share, and its book value is Rs 473.99 per share, showing the accounting net worth behind each share. The P/B ratio of 5.20 compares the share price.
What is the dividend yield of CarTrade Tech?
Ans. The dividend yield of CarTrade Tech is 0%. This is a historical figure measured against the current price of Rs 2,339.10 and is not an assured future payout. The yield changes whenever the share price or payout changes.
What should investors monitor next for CarTrade Tech?
Ans. Investors can monitor how the CarTrade Tech share price moves against the previous close of Rs 2,463.00 and the day range of Rs 2,304.00 to Rs 2,484.85, along with valuation and returns relative to the sector benchmark. This is not.
