Race Eco Chain
Race Eco Chain Performance
Day Range
- Low 385.00
- High 401.45
52 Week Range
- Low 226.10
- High 407.50
- Open Price397.95
- Previous Close397.95
- Volume40953
Start SIP in Race Eco Chain
Start SIPRace 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
Indicator | Sep 2023 | Jun 2023 | Mar 2023 | Dec 2022 | Sep 2022 | Jun 2022 |
---|---|---|---|---|---|---|
Oper Rev Qtr Cr | 79 | 111 | 177 | 0 | 49 | 43 |
Operating Expenses Qtr Cr | 78 | 109 | 176 | 0 | 49 | 42 |
Operating Profit Qtr Cr | 1 | 2 | 1 | 0 | 0 | 0 |
Depreciation Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Qtr Cr | 1 | 1 | 0 | 0 | 0 | 0 |
Tax Qtr Cr | 0 | 0 | 0 | 0 | 0 | 0 |
Net Profit Qtr Cr | 0 | 1 | 1 | 0 | 0 | 0 |
Race Eco Chain Technicals
EMA & SMA
- 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
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 Name | Sep-23 | Jun-23 | Mar-23 | Dec-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
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