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Race Eco Chain Ltd

Company details

194.00
204.00
150.00
248.50
6M Return 22.26%
1Y Return -2.65%
Mkt Cap.(Cr) 329.46
Volume 6,875
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 6,875

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 19.26 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 17,871.26 -28,732.63
LAST 3M 35,065.84 -30,146.79
LAST 6M 57,360.50 38,576.46
LAST 12M 186,944.70 -113,961.48

INFORMATION

Stock PE (TTM)

0

Promoter Holding

44.79%

Book Value

11.7249

ROCE

3.68%

ROE

2.41%

Description

  • 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.

Registered Address

Unit No 203 Plaza-P 3, Central Square Bara Hindu Rao, Delhi, Delhi, 110006

Tel : 91-11-22046604
Email : contact:anishaimpex.com
Website : http://www.anishaimpex.com

Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Sep
Face Value Equity Shares : 10
Market Lot Equity Shares : 10000
BSE Code : 537785
NSE Code :
Book Closure Date (Month) : Sep
BSE Group : M
ISIN : INE084Q01012

ICICIdirect Race Eco Chain Ltd FAQ

You can buy Race Eco Chain Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Race Eco Chain Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 03, 2023 04:01 PM the closing price of Race Eco Chain Ltd was ₹ 200.50.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Feb 03, 2023 04:01 PM, the market cap of Race Eco Chain Ltd stood at ₹ 329.46.
The latest PE ratio of Race Eco Chain Ltd as of Feb 03, 2023 04:01 PM is 0
The latest PB ratio of Race Eco Chain Ltd as of Feb 03, 2023 04:01 PM is 0.06
The 52-week high of Race Eco Chain Ltd is ₹ 248.50 while the 52-week low is ₹ 150.00

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