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Race Eco Chain Ltd

RACE
Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹639 cr, stock is ranked 1,735
Moderate RiskStock is 2.41x as volatile as Nifty
356.654.20 (-1.16%)

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Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

Avg

Average profitability - not good, not bad

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

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Consumer DiscretionaryTextiles
SmallcapWith a market cap of ₹639 cr, stock is ranked 1,735
Moderate RiskStock is 2.41x as volatile as Nifty

Key MetricsEdit

No LabelNo Label
135.14
PB RatioPB Ratio
28.74
Dividend YieldDiv. Yield
Sector PESector PE
39.70
Sector PBSector PB
6.90
Sector Div YldSctr Div Yld
0.71%

Forecast & RatingsDetailed Forecast 

Forecast data is currently unavailable for this stock

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Race Eco Chain Limited is an India-based company. The Company is mainly engaged in the business of collection, segregation, transportation, trading, processing, composting, recycling, treatment and disposal of all types of waste material and recyclable products. The Company's segments include Mis Old Economy Products, Recycle Division, Restore Division and IT Division. It channelizes plastic waste to create downstream recycled products for consumer connect through its brand RESTORE. It offers various products, such as bags, which include tote bags, packaging bags, accessories dust bags, spill kit bags, laundry bags and sheet set bags; duvet covers; carriers; and curtains. Its network serves customers in various locations to access waste and recyclers across the country. The Company is involved in aggregation of plastic waste and production of recycled products. The Company also has built an artificial intelligence-enabled application to connect the recyclers with the sellers.

Financial TrendFinancial statements 

20232024269.93348.181.301.55
Revenue
Profit
All values in ₹ cr.
See financial statements

Holdings TrendDetailed holdings 

Low Pledged Promoter Holding
Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

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Recent NewsAll news 

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Recent EventsAll events 

General Updates 
Announced OnNov 21, 2024

Race Eco Chain Limited has informed the Exchange about Revision of the Presentation on Financial Results for the Quarter anf Half Year ended on 30th September, 2024 | Download

Race Eco Chain Limited has informed the Exchange about Revision of the Presentation on Financial Results for the Quarter anf Half Year ended on 30th September, 2024 | Download

General Updates 
Announced OnNov 18, 2024

Race Eco Chain Limited has informed the Exchange Investor Presentation on Quarter and half year ended on 30th September, 2024 | Download

Race Eco Chain Limited has informed the Exchange Investor Presentation on Quarter and half year ended on 30th September, 2024 | Download

Copy of Newspaper Publication 
Announced OnNov 13, 2024

Race Eco Chain Limited has informed the Exchange about Copy of Newspaper Publication | Download

Race Eco Chain Limited has informed the Exchange about Copy of Newspaper Publication | Download

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