Festive & GST Fuel 66% Traffic Growth in CarTrade Tech's Consumer Platforms - CarWale & BikeWale

CarTrade Tech Limited (NSE: CARTRADE | BSE: 543333), India's leading digital ecosystem for automobiles, announced that its consumer platforms - CarWale and BikeWale - witnessed strong growth in traffic during Navratri 2025, underscoring the continued momentum of festive demand and the positive impact of the recent GST rate reduction on the automobile sector. CarWale and BikeWale collectively recorded a 66% year-on-year growth in traffic during Navratri, reflecting heightened consumer engagement and enthusiasm.

Banwari Lal Sharma, CEO - Consumer Business, CarTrade Tech, said: "The festive season continues to build momentum, and this Navratri has once again shown the trust millions of consumers place in CarWale and BikeWale as their preferred destinations for research and decision-making. We are truly grateful to our users for their continued confidence in our platforms. With consumer sentiment buoyed by festive enthusiasm, we are excited to play a central role in simplifying vehicle buying journeys for Indians across the country."

Shares of CarTrade Tech Ltd was last trading in BSE at Rs. 2497.95 as compared to the previous close of Rs. 2438.80. The total number of shares traded during the day was 8148 in over 994 trades.

The stock hit an intraday high of Rs. 2509.00 and intraday low of 2435.00. The net turnover during the day was Rs. 20222297.00.

Source : Equity Bulls

Keywords

CarTradeTech CarWale BikeWlae FestiveSeason GSTCut TrafficGrowth