CarTrade Tech's shares dropped over 5% on November 27 after it announced that its proposed acquisition of CarDekho won't materialise as both sides agreed to call off talks. Its share dropped to ₹3,004.30 apiece in morning trading hours, ending a three-session gaining streak. CarTrade said its focus would remain on scaling existing properties CarWale, BikeWale, OLX India and Shriram Automall.