Summary
UBS has initiated coverage on CarTrade Tech with a 'Buy' rating and a target price of Rs 4,000, suggesting a potential 42% upside. The brokerage cites the company's asset-light model, margin expansion, OLX growth, and strong digital marketplace as key drivers for future earnings growth.
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UBS Posts 17% Jump in Q2 Profit, Announces $3 Billion Share Buyback Plan
17 Sept 2026, 7:12 am · News
