MacRitchie Investments sells 3.74% stake in CarTrade for Rs 470 crore; Smallcap World Fund, Norges Bank buy shares

Synopsis MacRitchie Investments sold 18.20 lakh CarTrade Tech shares worth Rs 470.11 crore through a bulk deal. Smallcap World Fund and Norges Bank acquired stakes, while CarTrade reported 10.2% revenue growth in Q2FY27. MacRitchie Investments Pte Ltd sold 18.20 lakh shares, representing a 3.74% stake in CarTrade Tech, for Rs 470.11 crore through a bulk deal on Friday, November 6. Smallcap World Fund Inc and Norges Bank were among the buyers, according to data available on the BSE. The shares were sold at an average price of Rs 2,583 apiece. Smallcap World Fund purchased 14.30 lakh shares, or a 2.94%…