Race Eco Chain Ltd (RACE) is currently trading at 119.25 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Race Eco Chain Limited engages in the business of plastic waste management, home furnishing, briquettes, and garments, promoting environmentally conscious initiatives with a mission to reduce carbon footprints caused by waste plastics. The company has achieved robust year-on-year revenue growth of 36%, reaching ₹460.30 crore, and its profit has more than doubled, signifying strong financial improvement. Race Eco Chain has developed a Pan-India network for waste management, establishing washing plants and collection centers, thereby organizing the unorganized waste industry. Strategic partnerships, such as the joint venture with Ganesha Ecosphere, position the company for growth in the recycling sector, targeting the increasing demand for sustainable solutions. The company focuses heavily on Environmental, Social, and Governance (ESG) compliance, aiming to enhance its sustainability through initiatives like the RACE App, designed to optimize waste management.

Over the past 52 weeks, Race Eco Chain Ltd has traded between a low of ₹84.10 and a high of ₹239.95. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Race Eco Chain Ltd has a market capitalization of approximately 221.67. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Race Eco Chain Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 28.02 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 221.67 Cr, Race Eco Chain Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Race Eco Chain Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Race Eco Chain Ltd is 28.02. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

Race Eco Chain said it has completed the sale of shares in India Polymers Private Limited and that India Polymers is no longer its subsidiary.