RACERace Eco Chain Limited
Capital Goods · Waste Management · NSE · as of 2026-09-11 (delayed ~30 min in market hours)
Race Eco Chain Limited, together with its subsidiaries, engages in waste management activities in India. It operates through Misc. Old Economy Products, Recycle Division, Restore Division, Biomass Division, and IT Division segments. The company is involved in the collection and supply of recyclable waste, such as PET plastic bottle waste, non-PET plastic recycling, wastepaper, metal waste, and other wastes; and sale of biomass briquettes, such as mustard, sawdust, and groundnut briquettes. It also engages in supply chain management services; manufacture of various recycled products, including bags, cushions, curtains, table mats, home furnishing, madeup, and garments under the Restore brand; sale of fabric and other textile products; and development of IT enabled applications. The company offers its services to brands, recyclers, and waste suppliers. The company was formerly known as Anisha Impex Limited and changed its name to Race Eco Chain Limited in January 2021. Race Eco Chain Limited was incorporated in 1999 and is based in Ghaziabad, India.
Price & Volume
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Key Ratios
“—” means the figure isn't meaningful or isn't published for this company: ROE and Debt/Equity are undefined when shareholder equity is negative (check P/B — negative means negative equity), and DII/MF holding splits aren't provided by our current data source.
Active Pattern Signals
Why avoid
- • Overall evidence is weak (AlgoScore 35/100)
- • ROE: 9.1%
- • ROCE: 7.6%
- • RSI: 40
- • MACD: bearish
- • Double Top bearish signal (setup quality 68%)
Bull case
- • Revenue growth: 21.9% YoY
- • Profit growth: 73.8% YoY
- • Promoter holding: 59.9%
- • Volume trend: 2.2x baseline
Bear case
- • ROE: 9.1%
- • ROCE: 7.6%
- • RSI: 40
- • MACD: bearish
Key risks
- • Elevated volatility / drawdown profile — size positions accordingly
- • Momentum is fading versus the broader market
- • ROE: 9.1%
- • ROCE: 7.6%
Algorithmic analysis for research only — not SEBI-registered investment advice.
Trade Plan
Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹4.43). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.