Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
Reading: Capital Group Invests ₹440 Crore in CarTrade Tech Shares
Share
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeekBreaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek
  • Home
  • Nation
  • Politics
  • Economy
  • Sports
  • Entertainment
  • International
  • Technology
  • Auto News
© 2024 All Rights Reserved | Powered by India News Week
Trending Now: Stay updated with the latest breaking news from India and around the world
Capital Group buys CarTrade Tech shares worth ₹440 cr
Breaking India News Today | In-Depth Reports & Analysis – IndiaNewsWeek > Economy > Capital Group Invests ₹440 Crore in CarTrade Tech Shares
Economy

Capital Group Invests ₹440 Crore in CarTrade Tech Shares

Economy Desk By Economy Desk November 28, 2025 3 Min Read
Share
SHARE

Financial services firm Capital Group on Thursday bought over 3 per cent stake in multi-channel auto platform CarTrade Tech for ₹440 crore through an open market transaction.

US-based Capital Group, through its affiliate SmallCap World Fund, purchased more than 14.44 lakh equity shares, representing a 3.03 per cent stake in Navi Mumbai-based CarTrade Tech, as per the bulk deal data available on the BSE.

The shares were picked up at an average price of ₹3,044.58 apiece, taking the transaction value of ₹439.91 crore.

Meanwhile, global investment firm Goldman Sachs, through its three affiliates, sold a total of 10,71,379 shares, or 2.25 per cent stake, in multi-channel auto platform CarTrade Tech at an average price of ₹3,044.49 per share.

This took the combined deal value to ₹326.18 crore.

Details of the other sellers of CarTrade Tech’s shares could not be ascertained on the exchange.

Shares of CarTrade Tech declined 3.72 per cent to close at ₹3,054.50 apiece on the BSE.

In a separate bulk deal on the NSE, Amansa Capital sold nearly a 1.3 per cent stake in music label Saregama India Ltd for ₹95 crore through an open market transaction.

Singapore-based Amansa Capital, through its arm Amansa Holding Pvt Ltd, offloaded a little over 24.58 lakh shares, amounting to a 1.28 per cent stake in Kolkata-based Saregama India, as per the data.

The shares were disposed of at an average price of ₹386.58 apiece, taking the deal value to ₹95.04 crore.

After the stake sale, Amansa Capital’s equity holding in Saregama India declined to 1.48 per cent from 2.75 per cent.

Details of the buyers of Saregama India Ltd’s shares could not be identified on the National Stock Exchange (NSE).

Shares of Saregama India climbed 4.36 per cent to settle at ₹397 apiece on the NSE.

Published on November 28, 2025

TAGGED:Economy NewsNews
Share This Article
Twitter Copy Link
Previous Article DK Shivakumar (PTI) DK Shivakumar Assures Patience in Karnataka Chief Minister Race
Next Article As AI, cloud, & cybersecurity talent tightens, India turns to self-driving IT India Embraces Self-Driving IT Amidst Tightening AI and Cybersecurity Talent
Leave a comment Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Latest News

NYC to Save Millions with Delayed Class-Size Mandates for Public Schools

June 10, 2026

US-Iran Standoff Intensifies as Apache Drones Monitor Hormuz Waters

June 10, 2026

Judgement Encourages Trolls: A Setback for Women’s Online Safety in India

June 10, 2026

Experts Advise Profit-Taking as Indian Investors Continue to Buy the Dip

June 10, 2026

Indian Muslim Driver’s Honesty About Lost Wallet Earns Viral Admiration Online

June 10, 2026

Ten Arrested for Gang Rape of Woman in Channagiri, Davangere District

June 10, 2026

You Might Also Like

F&O Query: Should you hold United Spirits put option?
Economy

Hold United Spirits Put Option? Pros and Cons.

2 Min Read
Corona Remedies IPO Day 1: Moderate start with 62% subscription
Economy

Corona Remedies IPO Sees High Demand; Wakefit IPO at 27% Subscription

4 Min Read
Gold, silver regain sheen on Diwali as safe-haven demand, value buying rise
Economy

Gold and Silver Shine Bright This Diwali Amid Safe-Haven Demand

5 Min Read
Sebi to ease norms for social stock exchanges
Economy

SEBI Proposes ₹250 Small SIPs, Seeks Public Feedback

3 Min Read

About IndiaNewsWeek

IndiaNewsWeek is your trusted source for breaking news, in-depth analysis, and comprehensive coverage of India and the world. We deliver accurate, timely reporting across politics, economy, sports, entertainment, and technology.

contact@indianewsweek.com

Quick Links

  • Nation
  • Politics
  • Economy
  • International
  • Sports
  • Entertainment

More Sections

  • Technology
  • Auto News
  • Education
  • About Us
  • Contact
  • Privacy Policy

Stay Connected

Follow us on social media for the latest updates and breaking news.

Facebook
X (Twitter)
YouTube
Follow US
© 2026 IndiaNewsWeek. All Rights Reserved.
Welcome Back!

Sign in to your account

Lost your password?