Cartrade Tech Outperforms Sector with Significant Stock Gains and Strong Growth Metrics

Cartrade Tech, a midcap player in the IT software industry, has shown impressive performance today, gaining 5.73% on March 18, 2025. This surge has allowed the stock to outperform its sector by 4.56%. Over the past three days, Cartrade Tech has consistently gained, accumulating a total return of 11.21%. The stock reached an intraday high of Rs 1702, marking a 6.11% increase.
In terms of moving averages, Cartrade Tech is currently trading above its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a strong upward trend. The broader market context shows the Sensex rising by 1.09% after a positive opening, although it remains below its 50-day moving average.

Cartrade Tech's performance metrics are noteworthy, with a remarkable 156.40% increase over the past year, significantly outpacing the Sensex's 3.06% gain. Year-to-date, the stock has risen by 12.90%, while the Sensex has declined by 4.05%. Over the last three years, Cartrade Tech has achieved an impressive 190.63% growth, further solidifying its position in the market.