Stock Price and Market Movement
On 28 Jan 2026, Tracxn Technologies Ltd recorded its lowest-ever trading price at ₹31.87. This new 52-week and all-time low comes after a sustained period of negative returns. Despite a modest gain of 0.85% on the day, the stock remains below all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, signalling continued downward momentum.
Comparatively, the Sensex rose by 0.61% on the same day, highlighting the stock’s relative underperformance. Over the past week, Tracxn Technologies declined by 2.36%, while the Sensex advanced by 0.54%. The divergence widens over longer periods, with the stock falling 16.99% in one month against a 3.16% drop in the Sensex, and a stark 36.67% decline over three months compared to a modest 2.69% decrease in the benchmark index.
Long-Term Performance Deficit
The stock’s underperformance is even more pronounced over extended horizons. Over the last year, Tracxn Technologies Ltd has lost 50.79% of its value, while the Sensex appreciated by 8.50%. Year-to-date figures show a 17.30% decline for the stock versus a 3.37% fall in the Sensex. Over three years, the stock has plummeted 64.48%, in stark contrast to the Sensex’s 38.80% gain. The five- and ten-year returns for Tracxn Technologies remain flat at 0.00%, whereas the Sensex has surged by 75.69% and 236.55% respectively.
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Financial Metrics and Profitability Concerns
Tracxn Technologies Ltd’s financial results have reflected a challenging environment. The company reported a quarterly PAT (Profit After Tax) of negative ₹5.56 crores, representing a steep fall of 129.3% compared to the previous four-quarter average. This negative profitability is compounded by a non-operating income component that accounts for 200.00% of Profit Before Tax (PBT), indicating reliance on non-core income sources rather than operational earnings.
Operating profit growth has been notably weak, with an annualised decline rate of -193.22% over the past five years. This negative trajectory in operating profit underscores the difficulties faced in generating sustainable earnings from core business activities.
Valuation and Risk Profile
The stock is currently trading at valuations considered risky relative to its historical averages. Over the last year, while the stock price has declined by over 50%, profits have deteriorated even more sharply, falling by 1086%. This disparity highlights the severity of the company’s earnings contraction relative to its market value.
Despite these challenges, the company maintains a low average Debt to Equity ratio of zero, indicating minimal leverage on its balance sheet. However, this has not translated into improved financial performance or investor confidence.
Consistent Underperformance Against Benchmarks
Tracxn Technologies Ltd has consistently underperformed the BSE500 index over the last three annual periods. This persistent lag in returns, coupled with negative profitability trends, has contributed to the stock’s current standing as a strong sell according to its Mojo Grade, which was downgraded from Sell to Strong Sell on 12 Jan 2026. The company’s Mojo Score stands at a low 26.0, reflecting the overall negative sentiment and fundamental weaknesses.
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Sector and Industry Context
Operating within the Commercial Services & Supplies sector, Tracxn Technologies Ltd’s performance contrasts sharply with broader market trends. While the sector has experienced fluctuations, the company’s sustained declines and failure to keep pace with sector averages have been notable. The stock’s inline performance on the day of the new low suggests some short-term stabilisation, but the longer-term trend remains firmly negative.
Summary of Key Indicators
To summarise, Tracxn Technologies Ltd’s current market position is characterised by:
- All-time low stock price of ₹31.87 as of 28 Jan 2026
- Negative one-year return of -50.79% versus Sensex gain of 8.50%
- Operating profit decline at an annualised rate of -193.22% over five years
- Quarterly PAT of -₹5.56 crores, down 129.3% from prior averages
- Non-operating income constituting 200% of PBT, indicating earnings quality concerns
- Mojo Grade downgraded to Strong Sell with a score of 26.0
- Minimal leverage with a Debt to Equity ratio averaging zero
The stock’s performance and financial metrics reflect a company facing significant headwinds within its sector and market environment.
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