Race Eco Chain (Small Cap - Next Multibagger) Share Target 2024, 2025 To 2039
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Race Eco Chain Limited |
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Price: ₹359.10 | ||
| 52 Week Low: ₹298.10 52 Week High: ₹460.00 |
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| Market Capital: 589.39 Crore (Smallcap) | |||
| Industrials -> Waste Management | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Race Eco Chain Share Price Target For 2024
- 1.1.1: Race Eco Chain Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Race Eco Chain Share Price Target For 2025
- 1.2.1: Race Eco Chain Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Race Eco Chain Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Race Eco Chain Brief Company Overview
- 4: Race Eco Chain Financial Performance
- 4.0.1: Is Race Eco Chain A Good Buy For Long Term?
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.
Race Eco Chain Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 374.3 (+4.23%) | Price Action: 19 Dec 2023 Low |
| 2024 Target 2 | 370.5 (+3.17%) | Price Action: 12 Dec 2024 High |
| 2024 Target 1 | 366.5 (+2.06%) | Price Action: 05 Jan 2024 Low |
| Current Price | 359.10 | Race Eco Chain's share price as of 26 Dec 2024 |
| Stop Loss 1 | 355.65 (-0.97%) | Price Action: 05 Feb 2024 Low |
| Stop Loss 2 | 351.95 (-2%) | Price Action: 21 Mar 2024 High |
| Stop Loss 3 | 348.3 (-3.01%) | Price Action: 20 Dec 2024 High |
Short-Term Technical Outlook
Current Technical Position: Race Eco Chain is displaying bearish momentum trading below key moving averages.
Key Technical Level: The 25-day moving average at ₹360.53 serves as the nearest technical reference point.
Historical Returns: 3-month: -10.27% | 6-month: -14.59% | 1-year: -4.16%
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.
Race Eco Chain Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 473.43 (+31.83%) | Price Action: Chart |
| 2025 Target 2 | 464.6 (+29.37%) | Price Action: Chart |
| 2025 Target 1 | 460.0 (+28.09%) | Fibonacci Extension Level 100.00% |
| Current Price | 359.10 | Race Eco Chain's share price as of 26 Dec 2024 |
| Stop Loss 1 | 335.0 (-6.72%) | Price Action: 20 Mar 2024 Low |
| Stop Loss 2 | 331.4 (-7.72%) | Price Action: 03 Apr 2024 High |
| Stop Loss 3 | 328.0 (-8.67%) | Price Action: 13 Mar 2024 Low |
Long-Term Technical Outlook
52-Week Range Analysis: Race Eco Chain is currently trading at 37.7% of its 52-week range (₹298.1 - ₹460).
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -4.16% | 3-year: +74.73% | 5-year: +750.95%
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Approach 2: Machine Learning By Studying Historical Prices
Race Eco Chain Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹359.10 | ||
| 2024 | ₹352.61 | -1.8% | ₹361.17 |
| 2025 | ₹378.64 | +7.38% | ₹400.59 |
| 2026 | ₹390.77 | +3.2% | ₹396.63 |
| 2027 | ₹343.17 | -12.18% | ₹380.83 |
| 2028 | ₹343.51 | +0.09% | ₹380.95 |
| 2029 | ₹318.53 | -7.27% | ₹371.13 |
| 2030 | ₹341.33 | +7.15% | ₹361.31 |
| 2031 | ₹351.49 | +2.97% | ₹356.76 |
| 2032 | ₹307.97 | -12.38% | ₹342.49 |
| 2033 | ₹307.54 | -0.13% | ₹341.68 |
| 2034 | ₹284.46 | -7.5% | ₹331.86 |
| 2035 | ₹304.02 | +6.87% | ₹322.04 |
| 2036 | ₹312.22 | +2.69% | ₹316.90 |
| 2037 | ₹272.77 | -12.63% | ₹304.14 |
| 2038 | ₹271.56 | -0.44% | ₹302.40 |
| 2039 | ₹256.64 | -5.49% | ₹292.58 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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.Race Eco Chain Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 589.39 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.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
