CarTrade Tech share price gains after UBS assigns ‘Buy’ call, sees over 42% upside potential
CarTrade Tech share price rallied over 2% in early trade on Monday, despite a weak sentiment in the broader Indian stock market. CarTrade Tech shares gained as much as 2.3% to ₹2,873.55 apiece on the BSE.
The rally in CarTrade Tech shares came after global brokerage firm UBS initiated coverage on the stock with a ‘Buy’ rating and a target price of ₹4,000 apiece, implying an upside potential of more than 42% from Friday’s closing price.
