No Result
View All Result
SUBMIT YOUR ARTICLES
  • Login
Wednesday, July 22, 2026
TheAdviserMagazine.com
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal
No Result
View All Result
TheAdviserMagazine.com
No Result
View All Result
Home Market Research Business

Norges Bank adds multibagger Cartrade Tech, 2 more smallcaps in Rs 209 crore worth bulk deals

by TheAdviserMagazine
10 months ago
in Business
Reading Time: 2 mins read
A A
Norges Bank adds multibagger Cartrade Tech, 2 more smallcaps in Rs 209 crore worth bulk deals
Share on FacebookShare on TwitterShare on LInkedIn


Norway’s sovereign wealth fund on Friday bought shares of a multibagger Cartrade Tech along with two other smallcap stocks Aarti Pharmalabs and Tanla Platforms via bulk deals. The combined deal size was worth Rs 209 crore.

Cartrade Tech bulk deal

The shares of Cartrade Tech were bought by Norges Bank on Account of the Government Pension Fund Global, the NSE bulk deal data showed. Norges bought 3,88,859 equity shares of the multibagger stock at a price of Rs 2522.8 apiece, taking the total deal size to Rs 98 crore.CarTrade.com is an Indian online auto classifieds platform which acts as a marketplace for users interested in buying and selling new and used vehicles.

Shares of Cartrade have delivered returns of 170% in the past one year while its year-to-date returns stand at 67%.

Aarti Pharmalabs bulk deal

Norges Bank bought 4,84,643 shares in Aarti Pharmalabs at a price of Rs 930.32 apiece taking the deal size to Rs 45 crore. The smallcap company with a market capitalisation of Rs 8,344 crore on the NSE.

The company develops Active Pharmaceutical Ingredients (API) and New Chemical Entities (NCE), API intermediates and Regulatory Starting Materials (RSM), among other things.

Live Events

The stake buy comes on the back of a strong run in the pharma stock this year and on a one year basis. The stock has rallied 32% in 2025, so far while surging 41% over a 1-year period.

Tanla Platforms bulk deal

Norges Bank bought Tanla Platforms’ 8,79,213 shares at a price of Rs 745.1 apiece, taking the deal size to Rs 66.Tanla is a CPaaS company offering data security, privacy, spam and scam protection. Headquartered in Hyderabad (India), Tanla has partnered with global tech giants like Google, Meta, and Truecaller.Tanla Platforms shares have eroded by 19% in a year, while remaining flat in 2025.

(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of Economic Times)

Add ET Logo as a Reliable and Trusted News Source



Source link

Tags: AddsbankbulkCartradecroreDealsmultibaggerNorgessmallcapstechWorth
ShareTweetShare
Previous Post

As Rhode Island’s “Taylor Swift Tax” on Vacation Homes Spreads, Here’s What Short-Term Rental Owners Need to Know

Next Post

Alliant Cashback Card Slashing Rewards Rate to 1.5%

Related Posts

edit post
Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore

Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore

by TheAdviserMagazine
July 21, 2026
0

Shares of Indian Hotels Company (IHCL), backed by the Tata Group, dropped 2% to their day's low of Rs 719...

edit post
East West projects 2026 loan growth of 6% to 8% as it raises NII growth outlook to 7% to 9% (NASDAQ:EWBC)

East West projects 2026 loan growth of 6% to 8% as it raises NII growth outlook to 7% to 9% (NASDAQ:EWBC)

by TheAdviserMagazine
July 21, 2026
0

Earnings Call Insights: East West Bancorp (EWBC) Q2 2026 Management View “I'm pleased to report that East West earned record...

edit post
Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’

Billionaire Mike Bloomberg warns Trump’s AI ownership plan would make ‘George Orwell blush’

by TheAdviserMagazine
July 21, 2026
0

The initial deal behind the American AI boom seems to be: private investors would help finance it, taking on the...

edit post
Matador Technologies names co-founder Donato Sferra CEO (MATAF:OTCMKTS)

Matador Technologies names co-founder Donato Sferra CEO (MATAF:OTCMKTS)

by TheAdviserMagazine
July 21, 2026
0

Matador Technologies (MATAF) on Tuesday said it has appointed co-founder Donato Sferra as chief executive officer. Sferra will replace Deven...

edit post
US stocks today: US stocks end higher as semiconductors surge amid Mideast war intensifies

US stocks today: US stocks end higher as semiconductors surge amid Mideast war intensifies

by TheAdviserMagazine
July 21, 2026
0

Wall Street's main indexes closed ​higher on Tuesday, as a steep rally in semiconductor shares helped shift the focus away...

edit post
Lauren Sánchez Bezos put M to change what clothes are made of—and ignited an Amazon debate

Lauren Sánchez Bezos put $34M to change what clothes are made of—and ignited an Amazon debate

by TheAdviserMagazine
July 21, 2026
0

Billionaire philanthropist Lauren Sánchez Bezos wants to change what your clothes are made of, and help offset fashion’s materials problem. ...

Next Post
edit post
Michigan Advances Long-Delayed Crypto Reserve Bill

Michigan Advances Long-Delayed Crypto Reserve Bill

edit post
8 EV Ownership Costs People Don’t Budget For

8 EV Ownership Costs People Don’t Budget For

  • Trending
  • Comments
  • Latest
edit post
Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

Mass Fraud in Massachusetts Committed by Illegal Immigrants Discovered

June 22, 2026
edit post
New Jersey Tax-Relief Events: Three July Dates Near Seniors

New Jersey Tax-Relief Events: Three July Dates Near Seniors

July 13, 2026
edit post
Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

Bristlecone pines growing in the White Mountains of California germinated before the Great Pyramid was built, and the oldest one alive today, nicknamed Methuselah, has been quietly adding rings for 4,855 years in soil so poor almost nothing else survives beside it

July 8, 2026
edit post
Retail giant exits U.S. fashion after multi-million-dollar scandal

Retail giant exits U.S. fashion after multi-million-dollar scandal

July 1, 2026
edit post
Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple ,000 A Year

Same Portfolio. Same Retirement. A 10-Mile Move Costs One Couple $10,000 A Year

June 27, 2026
edit post
Top Democrats Are Trapped in a Catch 22

Top Democrats Are Trapped in a Catch 22

July 6, 2026
edit post
Von Der Leyen And Draghi Plot More Centralization To “Save” Europe

Von Der Leyen And Draghi Plot More Centralization To “Save” Europe

0
edit post
Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore

Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore

0
edit post
UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens

UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens

0
edit post
Goldman Sachs creates private markets platform to court rich investors

Goldman Sachs creates private markets platform to court rich investors

0
edit post
Ted Cruz Calls Trump Accounts a Path to Social Security Privatization—Economist Disagrees

Ted Cruz Calls Trump Accounts a Path to Social Security Privatization—Economist Disagrees

0
edit post
What Is a Credit Union vs. a Bank

What Is a Credit Union vs. a Bank

0
edit post
Von Der Leyen And Draghi Plot More Centralization To “Save” Europe

Von Der Leyen And Draghi Plot More Centralization To “Save” Europe

July 22, 2026
edit post
UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens

UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens

July 21, 2026
edit post
Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore

Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore

July 21, 2026
edit post
Trump plans high generic-drug tariffs in 2028 to spur U.S. production

Trump plans high generic-drug tariffs in 2028 to spur U.S. production

July 21, 2026
edit post
East West projects 2026 loan growth of 6% to 8% as it raises NII growth outlook to 7% to 9% (NASDAQ:EWBC)

East West projects 2026 loan growth of 6% to 8% as it raises NII growth outlook to 7% to 9% (NASDAQ:EWBC)

July 21, 2026
edit post
Kazakhstan Signs Network School Deal as Malaysia Revokes License

Kazakhstan Signs Network School Deal as Malaysia Revokes License

July 21, 2026
The Adviser Magazine

The first and only national digital and print magazine that connects individuals, families, and businesses to Fee-Only financial advisers, accountants, attorneys and college guidance counselors.

CATEGORIES

  • 401k Plans
  • Business
  • College
  • Cryptocurrency
  • Economy
  • Estate Plans
  • Financial Planning
  • Investing
  • IRS & Taxes
  • Legal
  • Market Analysis
  • Markets
  • Medicare
  • Money
  • Personal Finance
  • Social Security
  • Startups
  • Stock Market
  • Trading

LATEST UPDATES

  • Von Der Leyen And Draghi Plot More Centralization To “Save” Europe
  • UK Lawmakers Probe 40% Crypto Transfer Blocks as Banking Scrutiny Widens
  • Tata Group stock falls 2% after Q1 net profit jumps 18% to Rs 390 crore
  • Our Great Privacy Policy
  • Terms of Use, Legal Notices & Disclosures
  • Contact us
  • About Us

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Financial Planning
    • Financial Planning
    • Personal Finance
  • Market Research
    • Business
    • Investing
    • Money
    • Economy
    • Markets
    • Stocks
    • Trading
  • 401k Plans
  • College
  • IRS & Taxes
  • Estate Plans
  • Social Security
  • Medicare
  • Legal

© Copyright 2024 All Rights Reserved
See articles for original source and related links to external sites.