Tracxn Tech hits 20% upper circuit after Mukul Agrawal purchases 20 lakh shares for Rs 6.6 crore

Tracxn Tech share price rise in trade.

• Tracxn Tech shares surge 20% after Agrawal's bulk buy.
• Mukul Mahavir Agrawal bought 20 lakh shares for Rs 6.6 crore at Rs 33 per share.
• Tracxn, a SaaS firm, was founded by former Sequoia and Accel venture capitalists.

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Tracxn Technologies share price hit the 20 percent upper circuit in early trade on Tuesday a day after ace investor Mukul Mahavir Agrawal bought 20 lakh shares of the company for Rs 6.6 crore through a bulk deal.

The stock opened with a gap-up gain of 6.46 percent and advanced to an intraday high of Rs 40.68 per share on the National Stock Exchange (NSE), marking a 20 percent jump, which is also its upper circuit limit.

The stock has been on an upward trajectory for the past two trading sessions.

At around 12:30 pm, the shares pared some gains and were trading at Rs 37.50 per share, still up 10.62 percent.

The sharp rise came after Agrawal purchased 20,00,000 shares at Rs 33 per share on Monday, amounting to a total investment of Rs 6.6 crore, as per bulk deal data.

According to BSE shareholding data, Agrawal held 20 lakh shares, or a 1.88 percent stake, in the company as of December 31, 2025.

Bengaluru-based Tracxn Technologies operates on a Software-as-a-Service (SaaS) model and provides market intelligence on private companies.

The company was founded in 2015 by Neha Singh and Abhishek Goyal, both former venture capitalists with Sequoia Capital and Accel Partners, respectively. Tracxn made its stock market debut in 2022 following its initial public offering.

Agrawal also bought shares of Laxmi India Finance at Rs 92.55 per share. As of December 31, 2025, he held 20 lakh shares in the company, representing a 3.83 per cent equity stake.

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