Cartrade Tech543333Online classifieds, automobile
UBS maintained a buy rating on CarTrade with a target price of 4,000 rupees, saying the market is undervaluing its OLX business growth potential
- Target price
- 4,000 rupees per share
- OLX growth projection
- 5x in next 5 years
Heard on business television between 12:51:05 - 12:54:05 IST.
- UBS maintained buy rating on CarTrade with target price of 4,000 rupees per share.
- Analysts said the market is looking at OLX with an "older lens" and missing the company's growth potential and total addressable market.
- Highlighted multiple revenue growth drivers including buyer and seller subscriptions and dealer partnerships.
- UBS projected OLX could grow 5x over the next 5 years.
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Source: Live TV News Channel · 12 Oct 2026
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