India's Tracxn Technologies plunges after Q4 loss

Tracxn Technologies

27/05/2025 05:28

** Shares of Tracxn Technologies TRAC.NS falls 10.5% to 58.2 rupees, their biggest one-day loss in over a year

** Data intelligence service provider posts Q4 loss of 75.8 million rupees ($889,368.64) vs profit a year ago, hurt by increased costs and tax expenses; rev up 4%

** TRAC trades below 200-,100- day moving averages, indicating a bearish sentiment

** Stock down 24% YTD

($1 = 85.2290 Indian rupees)

(Reporting by Aleef Jahan in Bengaluru)

((aleefjahan.cs@thomsonreuters.com))