Temasek Sheds 2.2% Stake In Selling Spree

This is the third large offlay by MacRitchie in its CarTrade stake in the past nine months

Year to date, CarTrade stock has zoomed over 160% and ended today’s trading session at INR 1,704.70

This bull run has allowed multiple CarTrade investors like Warburg Pincus, Goldman Sachs, Société Générale to sell their holdings

As shares of CarTrade continue to embark on an upward trajectory, its early backer MacRitchie Investments, a wholly owned subsidiary of Temasek, has sold 92,000 of its shares in the car marketplace…