Quick Summary : Shares of Tracxn Technologies Ltd jumped sharply and hit the 20% upper circuit after well-known investor Mukul Mahavir Agrawal purchased 20 lakh shares worth ₹6.6 crore. The buying activity improved market sentiment even though the stock has declined significantly over the past year and the company recently reported weaker financial results.

Smallcap IT Stock : In the stock market, big investor moves often attract attention and influence share prices. Recently, Tracxn Technologies Ltd, a technology and data services company, became the focus of investors after a major stake purchase by ace investor Mukul Agrawal. The news created strong buying interest, pushing the stock to its daily upper circuit limit. This article explains what happened, why it matters, and provides a simple overview of the company and its financial position.

Tracxn Technologies Share Price Movement

Tracxn Technologies Ltd, with a market capitalization of about ₹392 crore, saw its shares rise sharply in the latest trading session. The stock touched a 20% upper circuit and reached ₹40.56 per share, compared to the previous closing price of ₹33.80.

Despite this sudden rally, the stock has struggled over time. It has fallen around 47% in the past year, declined 8% so far this year, dropped 30% over the last six months, and slipped 2% in the past month. This shows that the recent jump comes after a period of underperformance.

Mukul Agrawal’s Bulk Deal

According to stock exchange disclosures, investor Mukul Mahavir Agrawal bought 20 lakh equity shares through the National Stock Exchange on 9 February 2026.

Average purchase price: ₹33 per share
Total deal value: ₹6.6 crore
Type of trade: Delivery-based (indicating long-term intent rather than intraday trading)

Following this transaction, his total holding in the company stands at about 1.88% as of Q3 FY26. Such investments by experienced market participants often increase confidence among other investors.

About Tracxn Technologies Ltd

Tracxn Technologies Ltd is a global private market data platform. It provides information and software solutions related to millions of companies worldwide. The platform collects data from thousands of sources and covers multiple industries and countries.

Its services help clients perform market research, track funding activities, conduct due diligence, and monitor business trends. The company’s customers include venture capital and private equity firms, investment banks, corporate strategy teams, government bodies, and universities.

By offering detailed market insights, the company supports organizations in making better investment and business decisions.

Financial Performance Overview

The company’s recent financial results have been mixed and somewhat weak.

Revenue declined 2% year-on-year to ₹21 crore in December 2025.
EBITDA moved into loss at ₹1.7 crore compared to a profit last year.
Net profit also turned into a loss of ₹0.81 crore from a previous profit of ₹1.42 crore.
Earnings per share (EPS) became negative at ₹-0.08.

These figures reflect ongoing pressure on margins and profitability.

Shareholding Pattern Changes

There have been small changes in ownership during the quarter:

Promoter holding increased slightly from 34.39% to 34.44%.
Foreign institutional investors (FIIs) raised their stake from 0.41% to 0.84%.
Domestic institutional investors (DIIs) increased holdings from 3.24% to 3.30%.
Public shareholding reduced slightly from 61.95% to 61.42%.

These adjustments indicate mild institutional interest in the company.

Conclusion

The sharp rise in Tracxn Technologies’ share price highlights how investor sentiment can change quickly when notable market participants show confidence in a stock. While the bulk purchase by Mukul Agrawal triggered a strong rally, investors should also consider the company’s recent financial challenges and long-term performance trends before making decisions.

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