Race Eco Chain Ltd

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NSEBSE

367.30-0.65 (-0.18%)

03:31 PM,28th Feb 2024

363.950.80 (0.22%)

04:01 PM,28th Feb 2024

BSE : 537785

NSE : RACE

Sector : Others

ISIN Code : INE084Q01012

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Last Updated: Feb 28 2024 | 04:01 PM IST

Market Cap (₹ Cr)

603

Turnover (₹ Cr)

0.03

Volume (Shares)

9035

Face Value

10

52-WK High

408.65

52-WK High Date

14 Dec 2023

52-WK Low

226.10

52-WK Low Date

23 Oct 2023

All Time High

408.65

All Time High Date

14 Dec 2023

All Time Low

226.10

All Time Low Date

23 Oct 2023

Race Eco Chain Ltd

Race Eco Chain Ltd (Formerly known as Anisha Impex Limited) was incorporated in November 22 1999. RACE ECO as the abbreviation suggests Recycling and Circular Economy is an environmentally conscious initiative with a mission to reduce the Carbon footprint caused by waste plastics. The Company is involved in aggregation of packaging plastic waste and channelizing it for recycling into consumer friendly products. The Company is establishing its network by converting existing unorganized Eco chain to organized one. The complete vertical setup is responsible from the collection and audit of the waste to the end product to enable traceability. As an innovative initiative the Company has built an Artificial Intelligence enabled App to convert the recyclers with the sellers for better transparency and ease of doing business in the industry.The Company focused on the transformational power of technology to address the decades-old problem of plastic waste. It is building an AI-driven (APP-based tech platform) asset light end-to-end ESG technology solution which will help grow the unorganized waste management sector to an organized sector. These asset light models consists of warehouses in each district of the country to support recyclers that will be operated by the franchisees themselves. With the self-segregation model the Company offer value-adding opportunities for waste entrepreneurs either in up-cycling products directly from consumers or recycling waste for higher industrial consumption. By doing so the consumers can attract more commercial funding and partners throughout the waste value chain- from waste collection and transportation to waste processing. Within a short span with the help of existing dealers and recyclers base the Company has been able to mark across 20 states within India. Currently the Company is working closely with 17 Recyclers Pan India with collection network of 57 franchisee associates across the map. The Company intends to create district-wise pan India collection points. It is channelizing plastic waste to create downstream recycled products for consumer connect through the brand 'RESTORE'. This niche line of products is made from recycled plastic of the highest quality promoting sustainability and providing e2e traceability. Through its 'RESTORE' division the Company is selling recycled products under the same brand. The Company is creating designing and delivering exhaustive and customized learning programs to enhance employee capabilities and have a future ready workforce. Diversity and inclusion is a key business priority for the Company. It focused on inducting women across levels with a focus on managerial lateral hiring. The Company aims to have a board comprising 50% of women by December 2021. There is also ongoing work on gender sensitivity in the organization and to build an inclusive ecosystem to build women talent pool both for managerial and non-managerial cadres. Currently women are holding various leadership positions where the Company continue to encourage trend and believe that equal opportunity starts with equitable access to career development opportunities and support. The Company is committed to equitable compensation and compensation levels are merit-based and determined by qualification experience levels special skills and individual performance. With consistent efforts the Company wish to build as a preferred organization for all. Apart from this the online AI and Big Data-enabled App seek to bring about scalability and transparency in the supply and demand chain.

Race Eco Chain Ltd - Key Fundamentals

PARAMETER VALUES
Market Cap (₹ Cr)

603

EPS - TTM (₹) [S]

1.28

P/E Ratio (X) [S]

27.72

Face Value (₹) 10
Latest Dividend (%)-
Latest Dividend Date -
Dividend Yield (%) -
Book Value Share (₹) [S]13.25
P/B Ratio (₹) [S]27.72
[*C] Consolidated [*S] Standalone

Funds Owing this Stock

Scheme Name Amount Invested ( ₹ Cr ) No Of Shares Net Asset (%)

Research Reports

Date BrokerActionPrices(Rs)Report
Data Not Found

Stock Strength

Today's Low/High

355.85

369.35

Week Low/High

353.00

379.00

Month Low/High

334.95

381.00

Year Low/High

226.10

409.00

All time Low/High

6.49

409.00

Share Price Returns

Period BSENSE SENSEXNIFTY
1 Week-1.24%-0.89%-0.44-0.47%
1 Month3.45%2.06%2.272.80%
3 Month11.15%10.67%9.2610.36%
6 Month33.98%34.17%11.2413.70%
1 Year83.65%%22.6326.86%
3 Year35.56%%47.2651.08%

Company Info

Company Information

Director : Sachin Sharma

Director : Preeti Agarwal

Independent Director : Rama Nand Gupta

Company Secretary : Bhawna Saunkhiya

Registered Office: Unit No 203 Plaza-P 3, Central Square Bara Hindu Rao,Delhi,Delhi-110006 Ph: 91-11-22046604

Email:contact@anishaimpex.com

URL:http://www.anishaimpex.com