CarTrade Stock Outlook After GST Cut

  Published 7 months ago

CarTrade's stock fell after a downgrade, yet remains up strongly despite valuation concerns and AI risk.

  • Broker cited 43x FY27 EBITDA, heavy B2B reliance, and cyclical spending exposure in the market.
  • GST cuts boost affordability, driving a 25% traffic surge on CarWale and BikeWale platforms for consumers.
  • Management expects festive season momentum, higher dealer participation, and continued growth across new and used segments.

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