India, Feb. 21 -- Shares of online classifieds and auto auction platform CarTrade slumped as much as 4% to INR 1476.65 apiece during early trading sessions on the BSE today (February 21).

The stock later trimmed some losses and was trading 3% lower at INR 1,491.00 at 10:53 AM.

At this point, CarTrade's market capitalisation stood at INR 7,024.81 Cr with a trading volume of 1 Lakh shares.

On February 1, the stock peaked at its 52-week high of INR 1,834.95. Despite the broader market slump in recent months dragging down most new-age stocks, CarTrade has delivered a stellar performance.

While nearly every new age stock under Inc42's radar has slumped by double digits in the past month, CarTrade has bucked the trend, delivering a positive...