Cartrade Tech Achieves All-Time High Amidst Broader Market Recovery

Mar 21 2025 03:20 PM IST
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Cartrade Tech has demonstrated strong performance, reaching a new all-time high of Rs. 1881.9 on March 21, 2025. The stock showed notable intraday volatility and is trading above key moving averages, reflecting a robust upward trend. Its impressive gains over the past year highlight its resilience in the market.
Cartrade Tech, a midcap player in the IT software industry, has shown remarkable performance today, gaining 10.33% on March 21, 2025. The stock reached a new 52-week and all-time high of Rs. 1881.9, reflecting strong market momentum. Despite opening with a slight loss of 2.07%, the stock quickly rebounded, outperforming its sector by 10.11%.

Intraday volatility was notable, with the stock experiencing a range of Rs. 1668.75 to Rs. 1881.9, showcasing its dynamic trading activity. Cartrade Tech is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a robust upward trend.

In the broader market, the Sensex experienced a significant recovery after a negative opening, rising by 742.47 points to trade at 76,897.47. Cartrade Tech's performance over various time frames is impressive, with a 1-year gain of 178.56% and a year-to-date increase of 21.34%, significantly outpacing the Sensex's performance. Overall, Cartrade Tech continues to demonstrate strong growth and resilience in a fluctuating market environment.
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