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Race Eco Chain Share Price Target 2024, 2025, 2026 to 2039 With Charts
Race Eco Chain Limited | |||
 | Symbol: RACE | ||
| Price: ₹419.5 | |||
| Exchange: NSE | |||
| Industrials -> Waste Management | |||
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Table of Contents
- 1: Race Eco Chain Brief Company Overview
- 1.1: Race Eco Chain Limited: A Leader in Waste Management and Recycling
- 1.2: Race Eco Chain Financial Performance
- 1.2.1: Is Race Eco Chain A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Race Eco Chain Share Price Target For 2024
- 2.1.1: Race Eco Chain Share Price Target Table For 2024
- 2.1.2: Summary: Race Eco Chain Share Price Prediction For 2024
- 2.2: Race Eco Chain Share Price Target For 2025
- 2.2.1: Race Eco Chain Share Price Target Table For 2025
- 2.2.2: Summary: Race Eco Chain Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Race Eco Chain Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Race Eco Chain Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Race Eco Chain Past Performance
Race Eco Chain Brief Company Overview
Race Eco Chain Limited: A Leader in Waste Management and Recycling
Race Eco Chain Limited is an established player in the Indian market, specializing in the efficient collection, trading, and supply of recyclable waste to recyclers. Their commitment to responsible waste management extends to the manufacturing of eco-friendly biomass briquettes, such as mustard, sawdust, and groundnut briquettes, as well as recycled products.
- Founded in 1999 and headquartered in Noida, India
- Changed name from Anisha Impex Limited to Race Eco Chain Limited in January 2021
With a diverse product range and a strong focus on sustainability, Race Eco Chain Limited has earned a reputation for excellence within the industry. Their unwavering commitment to environmental conservation and waste reduction has solidified their position as a leading provider of waste management solutions.
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Race Eco Chain Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 551.79 Crore | Market valuation of Race Eco Chain's shares. |
| Revenue (TTM) | 354.63 Crore | Total revenue generated by Race Eco Chain over the past twelve months. |
| Net Income (TTM) | +2.18 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | 1.84% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | 0.61% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -14.3% | Change in revenue compared to the previous quarter. |
| Earnings Growth (YOY Quarterly) | +64% | Change in earnings compared to the same quarter last year. |
| Debt-to-Equity (D/E) Ratio | 148.1 | Company's total debt divided by total shareholder equity. |
| Total Debt | 32.17 Crore | Sum of Race Eco Chain's current & long-term financial obligations. |
| Total Cash | 6.3 Crore | Total amount of liquid funds available to Race Eco Chain. |
| Beta | 0.47 | Beta is less than 1 indicating that the Race Eco Chain's price is less volatile than the market. |
Is Race Eco Chain A Good Buy For Long Term?
Race Eco Chain, a small-cap stock, exhibits a promising long-term outlook. Its revenue growth, profitability, and strong historical returns indicate potential for continued value creation. Despite a recent decline in revenue, the company's overall financial performance remains stable. With a steady debt-to-equity ratio and a solid cash position, Race Eco Chain appears well-positioned to navigate market volatility. Considering these factors, it presents as a compelling option for long-term investment.
To predict the Race Eco Chain's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Race Eco Chain Share Price Target For 2024
The line chart displays the monthly closing prices of Race Eco Chain with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Race Eco Chain shares in 2024, see the table below.
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Race Eco Chain Share Price Target Table For 2024
| Race Eco Chain's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 465.98 (+11.07%) | Fibonacci Extension Level 123.6% |
| 2024 Target 2 | 458.77 (+9.36%) | Price Action: Chart |
| 2024 Target 1 | 454.23 (+8.27%) | Custom Fibonacci Extension Lvl 23.6% |
| Current Price | 419.50 | Race Eco Chain's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 439.04 (+4.65%) | Price Action: Aug 2024 High |
| Stop Loss 2 | 432.85 (+3.18%) | Price Action: 04 Sep 2024 Low |
| Stop Loss 3 | 427.04 (+1.79%) | Price Action: 03 Sep 2024 Low |
Summary: Race Eco Chain Share Price Prediction For 2024
In summary, Race Eco Chain has surged by ₹44.80, achieving a notable +11.96% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Race Eco Chain for 2024 predicts an additional rise of 8.27% to 11.07% by the end of 2024 with three potential targets T1: 454.23, T2: 458.77, T3: 465.98. Stop Loss at SL1: 439.04, SL2: 432.85, SL3: 427.04.
Race Eco Chain has a 52-week high of ₹460.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹226.10, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Race Eco Chain.
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Race Eco Chain Share Price Target For 2025
The line chart displays the monthly closing prices of Race Eco Chain with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Race Eco Chain shares in 2025, see the table below.
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Race Eco Chain Share Price Target Table For 2025
| Race Eco Chain's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 608.72 (+45.1%) | Price Action: Chart |
| 2025 Target 2 | 597.37 (+42.4%) | Price Action: Chart |
| 2025 Target 1 | 591.46 (+40.99%) | Custom Fibonacci Extension Lvl 64.9% |
| Current Price | 419.50 | Race Eco Chain's 1 share price as of Fri 06 Sep 2024 |
| Stop Loss 1 | 408.65 (-2.59%) | Price Action: Dec 2023 High |
| Stop Loss 2 | 404.50 (-3.58%) | Price Action: 28 Aug 2024 Low |
| Stop Loss 3 | 400.00 (-4.65%) | Price Action: 05 Aug 2024 Low |
Summary: Race Eco Chain Share Price Prediction For 2025
In summary, Race Eco Chain has surged by ₹44.80, achieving a notable +11.96% increase from 1st January 2024 to 06 Sep 2024. Our analysis of Race Eco Chain for 2025 predicts an additional rise of 40.99% to 45.1% by the end of 2025 with three potential targets T1: 591.46, T2: 597.37, T3: 608.72. Stop Loss at SL1: 408.65, SL2: 404.50, SL3: 400.00.
Race Eco Chain has a All-Time high of ₹460.00, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹226.10, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Race Eco Chain, we have created a specific page for that check here: Race Eco Chain Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Race Eco Chain Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Race Eco Chain share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 11.46% over the next 15 years.
For complete year by year Race Eco Chain long term share price target from 2024, 2025 to 2039 check the below table.
Race Eco Chain Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Race Eco Chain Target | YoY Change % |
|---|---|---|
| 2024 | ₹419.5 | [Current Price] |
| 2024 | ₹412.63 | -1.64% |
| 2025 | ₹577.04 | 39.84% |
| 2026 | ₹630.02 | 9.17% |
| 2027 | ₹612.69 | -2.76% |
| 2028 | ₹785.24 | 28.16% |
| 2029 | ₹819.36 | 4.34% |
| 2030 | ₹1,052.19 | 28.41% |
| 2031 | ₹1,075.42 | 2.2% |
| 2032 | ₹992.18 | -7.75% |
| 2033 | ₹1,217.99 | 22.75% |
| 2034 | ₹1,226.09 | 0.66% |
| 2035 | ₹1,527.32 | 24.56% |
| 2036 | ₹1,520.82 | -0.43% |
| 2037 | ₹1,371.67 | -9.81% |
| 2038 | ₹1,650.75 | 20.34% |
| 2039 | ₹1,883.67 | 14.1% |
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Race Eco Chain Past Performance
- In 2014, Race Eco Chain opening price was ₹19.2
- As of Fri 06 Sep 2024 the price stands at ₹419.5.
- This represents a Compound Annual Growth Rate (CAGR) of 32.36%.
- In 10 years, an investment of 10,000 would have become ₹2.18 Lakh.
As we wrap up, we hope you like our study on Race Eco Chain share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
