RACE Stock Overview
Engages in the collection, trading, and supplying recyclable waste to recyclers who convert the waste into useful products in India.
| Snowflake Score | |
|---|---|
| Valuation | 2/6 |
| Future Growth | 0/6 |
| Past Performance | 5/6 |
| Financial Health | 2/6 |
| Dividends | 0/6 |
Race Eco Chain Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹335.80 |
| 52 Week High | ₹408.65 |
| 52 Week Low | ₹226.10 |
| Beta | 0.47 |
| 1 Month Change | 8.96% |
| 3 Month Change | -6.92% |
| 1 Year Change | 41.06% |
| 3 Year Change | n/a |
| 5 Year Change | n/a |
| Change since IPO | 34.35% |
Recent News & Updates
Race Eco Chain Limited (NSE:RACE) Stock Rockets 29% But Many Are Still Ignoring The Company
Dec 18
Investors Aren't Entirely Convinced By Race Eco Chain Limited's (NSE:RACE) Revenues
Nov 03Shareholder Returns
| RACE | IN Commercial Services | IN Market | |
|---|---|---|---|
| 7D | 2.9% | 6.8% | 3.3% |
| 1Y | 41.1% | 64.0% | 44.8% |
Return vs Industry: RACE underperformed the Indian Commercial Services industry which returned 57.3% over the past year.
Return vs Market: RACE underperformed the Indian Market which returned 44.1% over the past year.
Price Volatility
| RACE volatility | |
|---|---|
| RACE Average Weekly Movement | 4.2% |
| Commercial Services Industry Average Movement | 6.8% |
| Market Average Movement | 6.5% |
| 10% most volatile stocks in IN Market | 9.6% |
| 10% least volatile stocks in IN Market | 4.1% |
Stable Share Price: RACE has not had significant price volatility in the past 3 months.
Volatility Over Time: RACE's weekly volatility (4%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1999 | 56 | Ravi Madan | www.raceecochain.com |
Race Eco Chain Limited engages in the collection, trading, and supplying recyclable waste to recyclers who convert the waste into useful products in India. In addition, it is involved in the manufacturing of biomass briquettes, such as mustard, sawdust, and groundnut briquettes; and recycled products. 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 Fundamentals Summary
| RACE fundamental statistics | |
|---|---|
| Market cap | ₹5.50b |
| Earnings (TTM) | ₹21.89m |
| Revenue (TTM) | ₹3.55b |
251.3x
P/E Ratio1.6x
P/S RatioIs RACE overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| RACE income statement (TTM) | |
|---|---|
| Revenue | ₹3.55b |
| Cost of Revenue | ₹3.45b |
| Gross Profit | ₹97.13m |
| Other Expenses | ₹75.24m |
| Earnings | ₹21.89m |
Last Reported Earnings
Dec 31, 2023
Next Earnings Date
n/a
| Earnings per share (EPS) | 1.33 |
| Gross Margin | 2.74% |
| Net Profit Margin | 0.62% |
| Debt/Equity Ratio | 148.1% |
How did RACE perform over the long term?
See historical performance and comparison