CarTrade Tech ended FY26 with a 33% Ebitda margin, Rs 1,244 crore in cash and profit growth across its three businesses. The company is now looking to AI-led services, buyer monetisation and a larger used-vehicle market for its next phase of growth.
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CarTrade Tech ended FY26 with a 33% Ebitda margin, Rs 1,244 crore in cash and profit growth across its three businesses. The company is now looking to AI-led services, buyer monetisation and a larger used-vehicle market for its next phase of growth.

During Thursday’s trading session, stock-specific actions are in focus as Indian benchmark indices such as Nifty 50 remained muted with marginal gains of around 0.14% until noon

Nifty Defence rose 0.66%, while Nifty IT gained 0.46%. Nifty Pharma, PSU Bank and Media also closed higher. Nifty Energy fell 0.61%, followed by Nifty Auto at 0.60% and Nifty Realty at 0.52%.

ONGC and Castrol India continue to offer attractive return potential, while Pidilite's valuation remains relatively expensive despite its strong business fundamentals, adds Motilal Oswal.

The company pared a lot of its losses to trade 7% lower by 12:25 p.m.

US crude production has climbed to nearly 14 million barrels per day despite the number of active oil rigs falling to 451. Longer horizontal wells, shorter drilling times and policy changes have allowed producers to extract more oil with fewer rigs.

FPIs net bought Indian stocks worth Rs 20,200 crore in the month of July. The inflows came after a selloff of Rs 1,17,775 crore in March, Rs 60,847 crore in April, Rs 32,963 crore in May and Rs 49,340 crore in June.

Tejpal was found guilty under IPC sections related to rape, sexual harassment, and criminal force, with sentencing pending. The case involved assault on a junior colleague at a Goa event.

Akasa Air Chief Executive Officer Vinay Dube believes the broader perception that flying in India has become expensive does not match reality.

The forged ticket was detected during a routine ticket checking drive conducted by Arvind Singh, Chief Commercial Ticket Checker of the Mumbai Central Division.