Race Eco Chain Ltd

NSE
BUY

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Start SIP in Race Eco Chain Ltd
Stock Performance
52 Week Low - High
Today’s Low - High

Open

Prev. Close

Total Traded Value

View details of Market Depth
Fundamental

Market Cap (in crs)

Face Value

Turnover (in lacs)

Key Metrics
Qtr Change %
New 52W High today
22.1
TTM PE Ratio
High in industry
360.6
Price to Book Ratio
High in industry
30.7
Dividend yield 1yr %
0
TTM PEG Ratio
PEG TTM is much higher than 1
7.5
RSI
RSI Overbought
73
MFI
MFI strongly Overbought
80.4

Race Eco Chain Ltd Key Financials

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*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

*All values are in ₹ Cr.

Race Eco Chain Ltd shareholding Pattern

Promoter
44.8%
Public
55.2%
Promoter
44.8%
Public
55.2%
Promoter
44.8%
Public
55.2%
Promoter
44.8%
Public
55.2%
Promoter
44.8%
Public
55.2%
Promoter
44.8%
Public
55.2%

Race Eco Chain Ltd Technical Analysis

Moving Averages Analysis
Moving Averages Analysis
Current Price
Bullish Moving Averages
16
Bearish Moving Averages
0
5Day EMA
404.30
10Day EMA
390.30
12Day EMA
386.10
20Day EMA
373.80
26Day EMA
367.50
50Day EMA
355.40
100Day EMA
346.40
200Day EMA
326.60
5Day SMA
402.40
10Day SMA
383.90
20Day SMA
370.30
30Day SMA
355.10
50Day SMA
341.50
100Day SMA
349.30
150Day SMA
351.00
200Day SMA
328.10
Delivery & Volume
Resistance & Support
418.97
Pivot
Resistance
First Resistance
425.43
Second Resistance
435.27
Third Resistance
441.73
Support
First Support
409.13
Second support
402.67
Third Support
392.83
Relative Strength Index
72.96
Money Flow Index
80.41
MACD
18.59
MACD Signal
13.13
Average True Range
18.83
Average Directional Index
30.23
Rate of Change (21)
27.94
Rate of Change (125)
6.91
Peer comparison
Compare
Company
Market Price
Market Cap
52W Low
52W High
Shyam Telecom Ltd.
18.17
6.3
19.85
Race Eco Chain Ltd.
-
-
-
Suncare Traders Ltd.
-
-
-
Ace Men Engg Works Ltd.
-
-
-
Anmol India Ltd.
206.31
30
68
Safa Systems & Technologies Ltd.
-
-
-
Shanthala FMCG Products Ltd.
-
-
-

Race Eco Chain Ltd Company background

Founded in: 1999
Managing director: Sunil Kumar Malik
Race Eco Chain Ltd (Formerly known as Anisha Impex Limited) was incorporated in November 22, 1999. RACE ECO as the abbreviation suggests Recycling and Circular Economy is an environmentally conscious initiative with a mission to reduce the Carbon footprint caused by waste plastics. The Company is involved in aggregation of packaging plastic waste and channelizing it for recycling into consumer friendly products. The Company is establishing its network by converting existing unorganized Eco chain to organized one. The complete vertical setup is responsible from the collection and audit of the waste to the end product to enable traceability. As an innovative initiative, the Company has built an Artificial Intelligence enabled App to convert the recyclers with the sellers, for better transparency and ease of doing business in the industry.The Company focused on the transformational power of technology to address the decadesold problem of plastic waste. It is building an AIdriven (APPbased tech platform), asset light, endtoend ESG technology solution which will help grow the unorganized waste management sector to an organized sector. These asset light models consists of warehouses in each district of the country to support recyclers that will be operated by the franchisees themselves. With the selfsegregation model, the Company offer valueadding opportunities for waste entrepreneurs either in upcycling products directly from consumers or recycling waste for higher industrial consumption. By doing so, the consumers can attract more commercial funding and partners throughout the waste value chain from waste collection and transportation to waste processing. Within a short span, with the help of existing dealers and recyclers base, the Company has been able to mark across 20 states within India. Currently, the Company is working closely with 17 Recyclers Pan India with collection network of 57 franchisee associates across the map. The Company intends to create districtwise pan India collection points. It is channelizing plastic waste to create downstream recycled products for consumer connect through the brand RESTORE. This niche line of products is made from recycled plastic of the highest quality, promoting sustainability and providing e2e traceability. Through its RESTORE division, the Company is selling recycled products under the same brand. The Company is creating, designing and delivering exhaustive and customized learning programs to enhance employee capabilities and have a future ready workforce. Diversity and inclusion is a key business priority for the Company. It focused on inducting women across levels, with a focus on managerial lateral hiring. The Company aims to have a board comprising 50% of women by December 2021. There is also ongoing work on gender sensitivity in the organization and to build an inclusive ecosystem to build women talent pool both for managerial and nonmanagerial cadres. Currently, women are holding various leadership positions, where the Company continue to encourage trend and believe that equal opportunity starts with equitable access to career development opportunities and support. The Company is committed to equitable compensation, and compensation levels are meritbased and determined by qualification, experience levels, special skills and individual performance. With consistent efforts, the Company wish to build as a preferred organization for all. Apart from this, the online AI and Big Dataenabled App seek to bring about scalability and transparency in the supply and demand chain.
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Race Eco Chain Ltd FAQs

Race Eco Chain Ltd shares are currently priced at 416.2 on NSE and 415.6 on BSE as of 6/13/2024 12:00:00 AM. Please be aware that stock prices are subject to continuous fluctuations due to various factors.

The past 1-year return of Race Eco Chain Ltd [RACE] share was 46.98. The Race Eco Chain Ltd [RACE] share hit a 1-year low of Rs. 226.1 and a 1-year high of Rs. 425.

The market cap of Race Eco Chain Ltd is Rs. 683.91 Cr. as of 6/13/2024 12:00:00 AM.

The PE ratios of Race Eco Chain Ltd is 428.45 as of 6/13/2024 12:00:00 AM.

The PB ratios of Race Eco Chain Ltd is 30.72 as of 6/13/2024 12:00:00 AM

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