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CarTrade Tech, a multibagger stock, rises 150% in just 11 months and 300% in less than two years.

Multibagger Stock: CarTrade Tech, one of India’s largest online classifieds and auto auction platforms, has been making remarkable strides on Dalal Street in recent months, with its shares continuing to surge despite broader market weakness.

The stock, which began its upward rally in October 2024, has maintained strong momentum, gaining 90% to date. Since March 2024, it has surged by 150%, and looking even further back, shares have risen from ₹390 in March 2023 to the current trading price of ₹1,582, marking a 305% gain.

The company, which debuted on Dalal Street in August 2021, faced a challenging 18-month period, hitting new lows. However, a strong recovery began in April 2023 as improving financials bolstered investor confidence, shifting sentiment positively. Since then, the stock has sustained its gains, reflecting renewed market optimism.