CarTrade Tech shares fell over 7% despite the company reporting a strong Q1 FY27 performance, with consolidated net profit rising 19% YoY to Rs 51 crore. Revenue from operations grew 16% to Rs 201 crore, while total income hit a record Rs 230 crore. EBITDA surged 45% YoY to Rs 63 crore, with margins improving to 31%.
Warren Buffett sounds alarm as stock market warning returns for only second time in 155 years
Warren Buffett’s caution comes as the S&P 500’s CAPE ratio approaches levels seen only during periods of extreme valuations. While elevated readings can signal weaker