RACE

Race Eco Chain Share PriceRace Eco Chain

₹388.35
-9.3 (-2.34%)
As on 10 December, 2023 | 16:30 BSE: 537785 NSE: RACEISIN: INE084Q01012

Race Eco Chain Performance

Day Range

  • Low 385.00
  • High 401.45
₹ 388.35

52 Week Range

  • Low 226.10
  • High 407.50
₹ 388.35
  • Open Price397.95
  • Previous Close397.95
  • Volume40953

Start SIP in Race Eco Chain

Start SIP

Race Eco Chain Share Price

  • Over 1 Month 49.16%
  • Over 3 Month 45.61%
  • Over 6 Month 35.1%
  • Over 1 Year 87.61%

Race Eco Chain Key Statistics

P/E Ratio 313.2
PEG Ratio
Market Cap Cr 638
Price to Book Ratio 31
EPS 0.8
Dividend 0
Relative Strength Index 86.14
Money Flow Index 88.53
MACD Signal 26.19
Average True Range 13.83

Race Eco Chain Investment Rating

  • Master Rating:
  • Race Eco Chain has an operating revenue of Rs. 415.94 Cr. on a trailing 12-month basis. An annual revenue growth of 70% is outstanding, Pre-tax margin of 1% needs improvement, ROE of 6% is fair but needs improvement. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 36% and 55% from 50DMA and 200DMA. It has recently broken out of a base in its weekly chart and is trading around 35% from the pivot point (which is extended from the ideal buying range for a stock). From an O'Neil Methodology perspective, the stock has an EPS Rank of 77 which is a FAIR score but needs to improve its earnings, a RS Rating of 83 which is GOOD indicating the outperformance as compared to other stocks, Buyer Demand at A+ which is evident from recent demand for the stock, Group Rank of 90 indicates it belongs to a poor industry group of Apparel-Clothing Mfg and a Master Score of B is close to being the best. Overall, the stock is lagging behind in earnings parameter, but excellent technical strength makes it a stock to examine in more detail.

EPS Strength

Price Strength

Buyer Demand

Group Rank

Race Eco Chain Financials
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022
Oper Rev Qtr Cr 7911117704943
Operating Expenses Qtr Cr 7810917604942
Operating Profit Qtr Cr 121000
Depreciation Qtr Cr 000000
Interest Qtr Cr 110000
Tax Qtr Cr 000000
Net Profit Qtr Cr 011000
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr 270159
Operating Expenses Annual Cr 267157
Operating Profit Annual in Cr 20
Depreciation Cr 00
Interest Annual Cr 10
Tax Annual Cr 00
Net Profit Annual Cr 11
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr -155
Cash from Investing Activity Annual Cr 7-6
Cash from Financing Annual Activity Cr 10-2
Net Cash Flow Annual Cr 2-3
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr 2119
Fixed Assets Annual Cr 33
Total Non Current Assets Annual Cr 33
Total Current Assets Annual Cr 4630
Total Assets Annual Cr 4934
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs 1312
ROE Annual % 65
ROCE Annual % 126
Total Debt to Total Equity Annual --
EBDIT Annual Margin % 11
IndicatorSep 2023Jun 2023Mar 2023Dec 2022Sep 2022Jun 2022
Oper Rev Qtr Cr 791114943
Operating Expenses Qtr Cr 781094942
Operating Profit Qtr Cr 1200
Depreciation Qtr Cr 0000
Interest Qtr Cr 1100
Tax Qtr Cr 0000
Net Profit Qtr Cr 0100
IndicatorMar 2023Mar 2022
Total Revenue Annual Cr
Operating Expenses Annual Cr
Operating Profit Annual in Cr
Depreciation Cr
Interest Annual Cr
Tax Annual Cr
Net Profit Annual Cr
IndicatorMar 2023Mar 2022
Cash from Operating Activity Annual Cr
Cash from Investing Activity Annual Cr
Cash from Financing Annual Activity Cr
Net Cash Flow Annual Cr
IndicatorMar 2023Mar 2022
Total ShareHolders Funds Annual Cr
Fixed Assets Annual Cr
Total Non Current Assets Annual Cr
Total Current Assets Annual Cr
Total Assets Annual Cr
IndicatorMar 2023Mar 2022
Book Value Per Share Annual Rs
ROE Annual %
ROCE Annual %
Total Debt to Total Equity Annual --
EBDIT Annual Margin %

Race Eco Chain Technicals

EMA & SMA

Current Price
₹388.35
-9.3 (-2.34%)
  • Bullish Moving Average
  • ___
  • 0
  • Bearish Moving Average
  • ___
  • 0
  • 20 Day
  • ₹341.83
  • 50 Day
  • ₹304.31
  • 100 Day
  • ₹282.26
  • 200 Day
  • ₹259.70
  • 20 Day
  • ₹333.77
  • 50 Day
  • ₹285.65
  • 100 Day
  • ₹274.42
  • 200 Day
  • ₹251.25

Race Eco Chain Resistance and Support

PIVOT
₹393.24
Resistance
First Resistance 398.22
Second Resistance 405.63
Third Resistance 410.62
RSI 86.14
MFI 88.53
MACD Single Line 26.19
MACD 32.40
Support
First Resistance 385.82
Second Resistance 380.83
Third Resistance 373.42

Race Eco Chain Delivery and Volume

Period NSE + BSE Volume Avg NSE + BSE Delivery Volume Avg NSE + BSE Delivery Volume %
Day 43,386 2,456,515 56.62
Week 82,041 4,042,150 49.27
1 Month 62,940 3,448,498 54.79
6 Month 27,298 1,742,991 63.85

Race Eco Chain Result Highlights

Race Eco Chain Synopsis

BSE-Apparel-Clothing Mfg

Race Eco Chain is involved in the business activities of Preparation and spinning of textile fibres. Company’s Total Operating Revenue is Rs. 269.08 Cr. and Equity Capital is Rs. 16.43 Cr. for the Year ended 31/03/2023. Race Eco Chain Ltd. is a Public Limited Listed company incorporated on 22/11/1999 and has its registered office in the State of Delhi, India. Company’s Corporate Identification Number(CIN) is L37100DL1999PLC102506 and registration number is 102506.
Market Cap 642
Sales 367
Shares in Float 0.90
No of funds 1
Yield
Book Value 31.21
U/D Vol ratio 3.8
LTDebt / Equity 1
Alpha 0.21
Beta 1.14

Race Eco Chain

Owner NameSep-23Jun-23Mar-23Dec-22
Promoters 44.79%44.79%44.79%44.79%
Foreign Portfolio Investors
Individual Investors 31.18%31.83%31.48%30.58%
Others 24.03%23.38%23.73%24.63%

Race Eco Chain Management

Name Designation
Mr. Sunil Kumar Malik Managing Director
Mr. Anshu Agarwal WholeTime Director & CFO
Mr. Pranav Vasan Director
Mr. Rama Nand Gupta Director
Mrs. Nisha Jain Independent Director
Mr. Sanjay Kukreja Independent Director
Mr. Anil Kumar Bhel Independent Director

Race Eco Chain Forecast

Price Estimates

2,000(9.8%)
1,758(-3.5%)
1,590(-12.7%)

Other Analyst Rating

Race Eco Chain Corporate Action

Date Purpose Remarks
2023-11-06 Quarterly Results
2023-08-12 Quarterly Results
2023-05-29 Audited Results
2023-01-02 Others Inter alia, To consider: 1. Race Employees Stock Appreciation Right Scheme through Trust route for the Employees of the Company;
2022-11-10 Half Yearly Results

Race Eco Chain FAQs

What is Share Price of Race Eco Chain ?

Race Eco Chain share price is ₹388 As on 10 December, 2023 | 16:16

What is the Market Cap of Race Eco Chain ?

The Market Cap of Race Eco Chain is ₹638.1 Cr As on 10 December, 2023 | 16:16

What is the P/E ratio of Race Eco Chain ?

The P/E ratio of Race Eco Chain is 313.2 As on 10 December, 2023 | 16:16

What is the PB ratio of Race Eco Chain ?

The PB ratio of Race Eco Chain is 31 As on 10 December, 2023 | 16:16

Q2FY23