Hi Tussar,
To start, it's important to remember that taking lots of CATs will NOT make you a better Test Taker. A CAT is really a 'measuring device' - when used correctly, it will give you a realistic score and help define your strengths and weaknesses, but it will NOT help you to fix any of those weaknesses. To raise your scores, you have to put in the necessary practice and repetitions. The CAT will show you whether your studies are helping you to improve or not. As such, you really shouldn't take more than 1 FULL CAT per week.
Before we can discuss what you should be doing next, I have a few questions about how you took your CATs and your timeline/goals:
When you took your CATs:
1) Did you take the ENTIRE CAT each time (including the Essay and IR sections)?
2) Did you take them at home?
3) Did you take them at the same time of day as when you plan to take your Official GMAT?
4) Did you ever do ANYTHING during your CATs that you couldn't do on Test Day (pause the CAT, skip sections, take longer breaks, etc.)?
5) Did you ever take a CAT more than once? Had you seen any of the questions BEFORE (re: in an online forum or in a practice set)?
Goals:
6) What is your goal score?
7) When are you planning to apply to Business School?
8) What Schools are you planning to apply to?
GMAT assassins aren't born, they're made,
Rich