Tracxn Technologies (India) Today

TRACXN Stock   74.87  2.05  2.82%   

Performance

0 of 100

 
Weak
 
Strong
Very Weak

Odds Of Distress

Less than 1

 
High
 
Low
Very Small
Tracxn Technologies is trading at 74.87 as of the 25th of November 2024, a 2.82 percent increase since the beginning of the trading day. The stock's open price was 72.82. Tracxn Technologies has a very small chance of experiencing financial distress in the next few years, but has generated negative returns over the last 90 days. Equity ratings for Tracxn Technologies Limited are calculated daily based on our scoring framework. The performance scores are derived for the period starting the 6th of December 2022 and ending today, the 25th of November 2024. Click here to learn more.
Business Domain
Software & Services
Category
Technology
Classification
Information Technology
Tracxn Technologies is entity of India. It is traded as Stock on NSE exchange. The company has 105.44 M outstanding shares. More on Tracxn Technologies Limited

Moving together with Tracxn Stock

  0.89MRF MRF LimitedPairCorr
  0.77HONAUT Honeywell AutomationPairCorr
  0.653MINDIA 3M India LimitedPairCorr

Moving against Tracxn Stock

  0.64PAGEIND Page IndustriesPairCorr

Tracxn Stock Highlights

Most reasonable investors view market volatility as an opportunity to invest at a favorable price or to sell short against a bearish trend. Tracxn Technologies' investment highlights are automatically generated signals that are significant enough to either complement your investing judgment regarding Tracxn Technologies or challenge it. These highlights can help you better understand the position you are entering and avoid costly mistakes.
CoFounder ChairmanAbhishek Goyal
Business ConcentrationApplication Software, Software - Application, Information Technology, Information Technology, Software, Software - Application, Information Technology (View all Sectors)
Tracxn Technologies' financial strength is of vital concern to both outside investors and internal stakeholders. Efficiency and cost control are keys to Tracxn Technologies' success, along with its ability to generate sufficient cash flow to pay bills, repay debt, and make a consistent year-to-year profit.
Debt Levels
Tracxn Technologies can leverage the use of borrowed funds to amplify returns from an investment. In general, analyzing the relationship between debt to total assets helps investors to understand Tracxn Technologies' financial leverage. It provides some insight into what part of Tracxn Technologies' total assets is financed by creditors.
Liquidity
Tracxn Technologies cash flow analysis is essential to understand how it generates and spends money over a specific period. It can also help you figure out where your money is going and how much cash you have available at a given moment. Tracxn Technologies Limited has accumulated 421.96 M in total debt. Debt can assist Tracxn Technologies until it has trouble settling it off, either with new capital or with free cash flow. So, Tracxn Technologies' shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Tracxn Technologies sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Tracxn to invest in growth at high rates of return. When we think about Tracxn Technologies' use of debt, we should always consider it together with cash and equity.

Change In Cash

22.58 Million
Tracxn Technologies Limited (TRACXN) is traded on National Stock Exchange of India in India and employs 720 people. Tracxn Technologies is listed under Application Software category by Fama And French industry classification. The company currently falls under 'Mid-Cap' category with a current market capitalization of 7.7 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Tracxn Technologies's market, we take the total number of its shares issued and multiply it by Tracxn Technologies's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities. Tracxn Technologies operates under Software sector and is part of Information Technology industry. The entity has 105.44 M outstanding shares. Tracxn Technologies generates positive cash flow from operations, but has no cash available
Check Tracxn Technologies Probability Of Bankruptcy
Ownership Allocation
Tracxn Technologies shows a total of 105.44 Million outstanding shares. Tracxn Technologies maintains significant amount of outstanding shares owned by insiders. An insider is usually defined as a CEO, other corporate executive, director, or institutional investor who own at least 10% of the company's outstanding shares. Since such a large part of the company is owned by insiders, it is advisable to analyze if each of these insiders have been buying or selling the stock in recent months. Please note that no matter how many assets the company owns, if the real value of the company is less than the current market value, you may not be able to make money on it.
Check Tracxn Ownership Details

Tracxn Technologies Risk Profiles

Although Tracxn Technologies' alpha and beta are two of the key measurements used to evaluate Tracxn Technologies' performance over the market, the standard measures of volatility play an important role as well.

Tracxn Stock Against Markets

Be your own money manager

Our tools can tell you how much better you can do entering a position in Tracxn Technologies without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

Did you try this?

Run Stock Tickers Now

   

Stock Tickers

Use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites
All  Next Launch Module

Tracxn Technologies Corporate Management

Elected by the shareholders, the Tracxn Technologies' board of directors comprises two types of representatives: Tracxn Technologies inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Tracxn. The board's role is to monitor Tracxn Technologies' management team and ensure that shareholders' interests are well served. Tracxn Technologies' inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Tracxn Technologies' outside directors are responsible for providing unbiased perspectives on the board's policies.

Other Information on Investing in Tracxn Stock

Tracxn Technologies financial ratios help investors to determine whether Tracxn Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in Tracxn with respect to the benefits of owning Tracxn Technologies security.