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CarTrade Tech Share Price Target 2024, 2025, 2026 to 2039 With Charts
CarTrade Tech Limited | |||
 | Symbol: CARTRADE | ||
| Price: ₹1,281.15 | |||
| Exchange: NSE | |||
| Consumer Cyclical -> Auto & Truck Dealerships | |||
Show Table of Contents
Table of Contents
- 1: CarTrade Tech Brief Company Overview
- 1.1: CarTrade Tech Limited: India's Leading Automotive Platform
- 1.2: CarTrade Tech Financial Performance
- 1.2.1: Is CarTrade Tech A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: CarTrade Tech Share Price Target For 2024
- 2.1.1: CarTrade Tech Share Price Target Table For 2024
- 2.1.2: Summary: CarTrade Tech Share Price Prediction For 2024
- 2.2: CarTrade Tech Share Price Target For 2025
- 2.2.1: CarTrade Tech Share Price Target Table For 2025
- 2.2.2: Summary: CarTrade Tech Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: CarTrade Tech Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: CarTrade Tech Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: CarTrade Tech Past Performance
CarTrade Tech Brief Company Overview
CarTrade Tech Limited: India's Leading Automotive Platform
CarTrade Tech Limited, established in 2000, is a renowned automotive platform in India and internationally. They offer a comprehensive suite of services for buying and selling new and used vehicles through various channels.
CarTrade boasts a stellar reputation in the industry, catering to OEMs, dealers, and consumers. They provide OEM solutions, dealer solutions for both new and used cars, and technology solutions for various players in the automotive ecosystem.
Their diverse product range includes new and used car solutions, two-wheeler solutions, online and offline auctioning, inspection and valuation services, and technology solutions for various stakeholders. CarTrade's commitment to innovation and customer satisfaction has made it a trusted name in the automotive market.
CarTrade Tech Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 5,601.42 Crore | Market valuation of CarTrade Tech's shares. |
| Revenue (TTM) | 579.25 Crore | Total revenue generated by CarTrade Tech over the past twelve months. |
| Net Income (TTM) | +92.03 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 14.3% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 8.36% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -50.9% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +155% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 5.51 | Company's total debt divided by total shareholder equity. |
| Total Debt | 122.71 Crore | Sum of CarTrade Tech's current & long-term financial obligations. |
| Total Cash | 673.42 Crore | Total amount of liquid funds available to CarTrade Tech. |
| Beta | 0.16 | Beta is less than 1 indicating that the CarTrade Tech's price is less volatile than the market. |
Is CarTrade Tech A Good Buy For Long Term?
CarTrade Tech (market cap: ₹5,601.42 crore) shows strong recent performance, with 90.40% returns over the past 12 months and impressive revenue (₹579.25 crore) and profit (₹92.03 crore) in the last 12 months (TTM). However, a significant negative quarter-over-quarter revenue change (-50.9%) raises concerns. While the company boasts substantial cash (₹673.42 crore) exceeding its debt (₹122.71 crore), the long-term outlook is unclear due to the limited 3-5 year historical data. More information is needed before recommending a long-term buy. Given the current data, it's an average buy at best.
To predict the CarTrade Tech's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
CarTrade Tech Share Price Target For 2024
The line chart displays the monthly closing prices of CarTrade Tech with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for CarTrade Tech shares in 2024, see the table below.
CarTrade Tech Share Price Target Table For 2024
| CarTrade Tech's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 1319.31 (+2.97%) | Custom Fibonacci Extension Lvl 82% |
| 2024 Target 2 | 1305.59 (+1.9%) | Price Action: 21 Nov 2024 High |
| 2024 Target 1 | 1292.13 (+0.85%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 1281.15 | CarTrade Tech's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 1275.67 (-0.43%) | Fibonacci Retracement Level 50% |
| Stop Loss 2 | 1253.05 (-2.2%) | Fibonacci Retracement Level 98.6% |
| Stop Loss 3 | 1239.28 (-3.27%) | Fibonacci Retracement Extended 28.2% |
Summary: CarTrade Tech Share Price Prediction For 2024
In summary, CarTrade Tech has surged by ₹567.45, achieving a notable +79.51% increase from 1st January 2024 to 22 Nov 2024. Our analysis of CarTrade Tech for 2024 predicts an additional rise of 0.85% to 2.97% by the end of 2024 with three potential targets T1: 1292.13, T2: 1305.59, T3: 1319.31. Stop Loss at SL1: 1275.67, SL2: 1253.05, SL3: 1239.28.
CarTrade Tech has a 52-week high of ₹1335.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹623.90, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for CarTrade Tech.
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CarTrade Tech Share Price Target For 2025
The line chart displays the monthly closing prices of CarTrade Tech with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for CarTrade Tech shares in 2025, see the table below.
CarTrade Tech Share Price Target Table For 2025
| CarTrade Tech's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1783.62 (+39.22%) | Fibonacci Extension Level 171.8% |
| 2025 Target 2 | 1736.44 (+35.53%) | Price Action: Chart |
| 2025 Target 1 | 1719.25 (+34.19%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 1281.15 | CarTrade Tech's 1 share price as of Fri 22 Nov 2024 |
| Stop Loss 1 | 1175.00 (-8.29%) | Price Action: 14 Nov 2024 Low |
| Stop Loss 2 | 1160.94 (-9.39%) | Price Action: 18 Nov 2024 Low |
| Stop Loss 3 | 1127.40 (-12.01%) | Price Action: 04 Nov 2024 High |
Summary: CarTrade Tech Share Price Prediction For 2025
In summary, CarTrade Tech has surged by ₹567.45, achieving a notable +79.51% increase from 1st January 2024 to 22 Nov 2024. Our analysis of CarTrade Tech for 2025 predicts an additional rise of 34.19% to 39.22% by the end of 2025 with three potential targets T1: 1719.25, T2: 1736.44, T3: 1783.62. Stop Loss at SL1: 1175.00, SL2: 1160.94, SL3: 1127.40.
CarTrade Tech has a All-Time high of ₹1618.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹623.90, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for CarTrade Tech, we have created a specific page for that check here: CarTrade Tech Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
CarTrade Tech Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of CarTrade Tech share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 16.14% over the next 15 years.
For complete year by year CarTrade Tech long term share price target from 2024, 2025 to 2039 check the below table.
CarTrade Tech Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | CarTrade Tech Target | YoY Change % |
|---|---|---|
| 2024 | ₹1,281.15 | [Current Price] |
| 2024 | ₹1,285.2 | 0.31% |
| 2025 | ₹1,890.16 | 47.07% |
| 2026 | ₹2,338.38 | 23.71% |
| 2027 | ₹2,962.22 | 26.67% |
| 2028 | ₹3,553.79 | 19.97% |
| 2029 | ₹4,481.56 | 26.1% |
| 2030 | ₹5,029.54 | 12.22% |
| 2031 | ₹5,253.76 | 4.45% |
| 2032 | ₹5,918.28 | 12.64% |
| 2033 | ₹6,510.15 | 10% |
| 2034 | ₹7,677.92 | 17.93% |
| 2035 | ₹8,168.92 | 6.39% |
| 2036 | ₹8,169.14 | 0% |
| 2037 | ₹8,874.34 | 8.63% |
| 2038 | ₹9,466.51 | 6.67% |
| 2039 | ₹10,441.75 | 10.3% |
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CarTrade Tech Past Performance
- In 2021, CarTrade Tech opening price was ₹1,490.05
- As of Fri 22 Nov 2024 the price stands at ₹1,281.15.
- This represents a Compound Annual Growth Rate (CAGR) of -3.71%.
- In 3 years, an investment of 10,000 would have become ₹8,598.03.
As we wrap up, we hope you like our study on CarTrade Tech share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
