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RACERace Eco Chain Limited

Capital Goods · Waste Management · NSE · as of 2026-07-21 (delayed ~30 min in market hours)

108.00
1.74%
28Weak

Price & Volume

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Key Ratios

Market Cap (₹ cr)189.60
P/E25.98
P/B2.42
PEG0.92
ROE %8.87
ROCE %7.60
Debt / Equity1.04
EPS4.23
Revenue Growth %-5.90
Profit Growth %28.10
Dividend Yield %0.00
Promoter Holding %59.92
FII Holding %0.00
DII Holding %
Beta0.39

“—” 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

None of the 16 pattern scanners currently detects a setup on RACE — signals appear here automatically when one forms (checked on every data refresh). The Trade Plan on the right always provides stop-loss and target levels regardless.

AVOIDConviction 71%

Why avoid

  • Overall evidence is weak (AlgoScore 28/100)
  • Revenue growth: -5.9% YoY
  • ROE: 8.9%
  • RSI: 40
  • MACD: bearish

Bull case

  • Profit growth: 28.1% YoY
  • Promoter holding: 59.9%
  • Valuation vs sector: P/E 26.0 vs sector 39.8

Bear case

  • Revenue growth: -5.9% YoY
  • ROE: 8.9%
  • RSI: 40
  • MACD: bearish

Key risks

  • Elevated volatility / drawdown profile — size positions accordingly
  • Momentum is fading versus the broader market
  • Revenue growth: -5.9% YoY
  • ROE: 8.9%

Algorithmic analysis for research only — not SEBI-registered investment advice.

Trade Plan

Entry (CMP)
₹108.00
Stop Loss
₹103.77
risk 3.9%
Target 1 (1.5R)
₹114.34
+5.9%
Target 2 (3R)
₹120.68
+11.7%
Support (20d)
₹104.82
Resistance (52w)
₹261.48
Risk : Reward
1 : 1.5 → 1 : 3
risking ₹4.23/share
ATR (volatility)
₹4.16
avg daily range

Stop = 20-day support with a 2.5×ATR risk cap (ATR ₹4.16). Levels recompute on every data refresh. Position sizing and execution are yours — this is analysis, not advice.

Score Breakdown

Fundamental
56
Technical
20
Momentum
7
Risk (safety)
19

Peers — Capital Goods

ADOR 7.88%
81
KSHINTL 1.30%
79
DIACABS 10.00%
78
INOXINDIA 4.32%
77
AARVI 3.51%
77
MMFL 4.13%
77

About

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.