UBS says CarTrade Tech’s OLX buy can deliver 5x revenue in five years. Here’s why
Global brokerage firm UBS maintained a Buy rating on CarTrade Tech with a target price of Rs 4,000, citing strong monetisation potential in its OLX India business.
UBS expects OLX’s emerging revenue levers, such as financing, subscriptions, and logistics to drive a 5x revenue expansion to Rs 11.8 billion by FY31.
5News aggregated this summary from the outlet’s public feed. The full article, with all the context, is on economictimes.indiatimes.com — the content belongs to The Economic Times.
