Cartrade Tech Faces Short-Term Decline Amid Strong Long-Term Performance Trends

Mar 25 2025 11:45 AM IST
share
Share Via
Cartrade Tech has faced a decline today, marking its second consecutive day of losses. Despite this, the stock has shown strong long-term performance, with significant gains over the past month and year, outperforming the Sensex. It remains above several key moving averages, indicating a complex market position.
Cartrade Tech, a midcap player in the IT software industry, has experienced a notable decline of 5.55% today, reflecting a broader trend as it underperformed the sector by 5.97%. This marks the second consecutive day of losses for the stock, which has seen a total drop of 6.53% over this period. The stock reached an intraday low of Rs 1686.4, down 5.44%.

Despite today's downturn, Cartrade Tech has shown resilience over the longer term. Over the past month, the stock has gained 11.52%, significantly outperforming the Sensex, which rose by 4.48%. In the last year, Cartrade Tech has delivered an impressive return of 164.54%, compared to the Sensex's 7.01% increase. Year-to-date, the stock is up 13.36%, while the Sensex has seen a slight decline of 0.25%.

In terms of moving averages, Cartrade Tech is currently above its 20, 50, 100, and 200-day moving averages, although it is below its 5-day moving average. This performance indicates a complex market position as the stock navigates recent volatility.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News