Race Eco Chain (RACE) Share Price Falls 8.76% Today as Micro Cap Trades Below Previous Close
- October 16, 2026
- Posted by: Kunal Singla
- Category: News
Race Eco Chain Share Price fell sharply in today’s trade, with the stock at Rs 117.20 after a 8.76% decline from the previous close of Rs 128.45. The company’s market capitalisation stands at Rs 184.74 crore, placing it in the Micro Cap category. Race Eco Chain Share Price today therefore reflects a clear intraday reset in price, even though the latest Univest data does not establish a company-specific catalyst. For readers following Race Eco Chain Share Price news, the move is relevant because it combines a lower quote, a wide opening gap and a meaningful change in valuation context for a business services name in Environmental Services. Univest figures confirm the price action, but they do not point to a specific company trigger. That makes Race Eco Chain Share Price today a case to watch through price action, fundamentals and sector comparison rather than assumptions.
Race Eco Chain (RACE) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 117.2 |
| Previous Close | Rs 128.45 |
| Today's Move | -Rs 11.25 (-8.76%) |
| Open | Rs 136.95 |
| High | Rs 141.45 |
| Low | Rs 117.2 |
| Market Capitalisation | Rs 184.74 crore |
| Market Cap Category | Micro Cap |
Race Eco Chain Share Price today started at Rs 136.95, touched a high of Rs 141.45 and a low of Rs 117.20, where it was last traded. The stock opened well above the previous close of Rs 128.45, but by 16 October 2026 at 2:22:57 PM IST it had moved to Rs 117.20, leaving it Rs 11.25 lower for the day. That is a 8.76% decline in Race Eco Chain Share Price and places the move within the Micro Cap category. The day’s range shows how quickly the price shifted from the open to the low, while the current price also marks the session low. For Race Eco Chain Share Price today, the key fact is simple: the stock is trading below the previous close, with a sharp intraday reversal that has drawn attention to Race Eco Chain Share Price live movement and Race Eco Chain Share Price update tracking.
Race Eco Chain Share Price analysis is best read alongside the broader fundamental picture, because price action alone does not explain the full setup.
Race Eco Chain (RACE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 184.74 crore |
| P/E Ratio | 29.47x |
| P/B Ratio | 3.84x |
| ROE | 13.11% |
| ROCE | 11.71% |
| EPS | Rs 4.36 |
| Book Value Per Share | Rs 33.46 |
| Dividend Yield | 0% |
Race Eco Chain (RACE) fundamental metrics show P/E 29.47x, P/B 3.84x, ROE 13.11%, ROCE 11.71%. Taken on their own, these numbers offer context rather than a trading signal.
Race Eco Chain has a market capitalisation of Rs 184.74 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 29.47x, P/B at 3.84x should be read against the sector and peer benchmarks rather than as a standalone signal. Profitability is represented by ROE of 13.11% and ROCE of 11.71%, helping investors compare shareholder returns and capital efficiency. According to latest Univest data, additional metrics include EPS of Rs 4.36, book value per share of Rs 33.46, dividend yield of 0%, adding context to earnings, balance-sheet value and historical payout. Against the latest Univest same industry benchmark, these figures can be compared with benchmark median P/E of 18.79x, median ROE of 14.95%, median ROCE of 20.39%. They set out the fundamental picture and are not a rating on the stock.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Business Services |
| Industry | Environmental Services |
| Benchmark Scope | same industry |
| Company P/E Ratio | 29.47x |
| Benchmark Median P/E | 18.79x |
| Benchmark Average P/E | 38.38x |
| Benchmark P/E Range | 7.21x to 219.34x |
| Company P/B Ratio | 3.84x |
| Benchmark Median P/B | 2.29x |
| Benchmark Average P/B | 3.26x |
| Company ROE | 13.11% |
| Benchmark Median ROE | 14.95% |
| Benchmark Average ROE | 15.79% |
| Company ROCE | 11.71% |
| Benchmark Median ROCE | 20.39% |
| Benchmark Average ROCE | 20.13% |
| Company Market Capitalisation | Rs 184.74 crore |
| Benchmark Median Market Cap | Rs 334.31 crore |
| Benchmark Average Market Cap | Rs 1,728.11 crore |
Race Eco Chain (RACE) operates in the Business Services sector, within the Environmental Services industry.
Race Eco Chain (RACE) has a P/E ratio of 29.47x, which is above the benchmark median of 18.79x, a difference of +56.84%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Race Eco Chain (RACE) has a ROE of 13.11%, which is below the benchmark median of 14.95%, a difference of -12.31%. Race Eco Chain (RACE) has a ROCE of 11.71%, which is below the benchmark median of 20.39%, a difference of -42.57%.
Track stocks among today's decliners through the Univest top decliners screener. The peer table below provides the company-level comparison.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| VA Tech Wabag | WABAG | 12,163.82 | 30.24 | 4.52 | 15.84 | 21.22 |
| Ion Exchange (India) | IONEXCHANG | 5,700.2 | 56.44 | 4.12 | 11.25 | 13.46 |
| Refex Industries | REFEX | 3,650.28 | 14.57 | 2.48 | 19.95 | 24.06 |
| Antony Waste Handling Cell | AWHCL | 951.94 | 16.2 | 1.28 | 13.12 | 13.11 |
| Eco Recycling | ECORECO | 832.27 | 32.9 | 6.7 | 23.51 | 32.61 |
Race Eco Chain (RACE) has a P/E ratio of 29.47x compared with the displayed peer median of 30.24x. The comparison is relative and should not be read as a recommendation. Its ROE of 13.11% compares with a peer median of 15.84% across the companies shown in the table. ROCE stood at 11.71% versus the displayed peer median of 21.22%, providing a capital-efficiency comparison. Race Eco Chain (RACE) has a market capitalisation of Rs 184.74 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Race Eco Chain
- Race Eco Chain Share Price fell 8.76% and was last traded at Rs 117.20, making the latest price move the first point to watch.
- Race Eco Chain Share Price now sits below the previous close of Rs 128.45 after opening at Rs 136.95 and touching Rs 141.45.
- Race Eco Chain Fundamental Analysis shows P/E of 29.47, P/B of 3.84, ROE of 13.11% and ROCE of 11.71%.
- Race Eco Chain Share Price trades in the Micro Cap category with market capitalisation of Rs 184.74 crore.
- Race Eco Chain Share Price is being assessed against an Environmental Services peer set where valuation and return metrics vary widely.
About Race Eco Chain
Race Eco Chain operates in Business Services and is classified under Environmental Services. The company is tracked in a peer group that includes waste, recycling and water-focused businesses, which makes Race Eco Chain Share Price relevant to investors comparing operating models within the broader environmental services space. Its latest per-share metrics point to a business with positive earnings and accounting value, while its market capitalisation keeps it in the Micro Cap category. For Race Eco Chain Share Price readers, the company profile matters because sector positioning and valuation often drive how the stock is interpreted after a sharp daily move.
Track Race Eco Chain Share Price on Univest
Use Race Eco Chain (RACE) live share-price page, Univest top decliners screener, Univest market blogs to review live stock data, top decliners and related market analysis.
Track Race Eco Chain Share Price on Univest for live share price updates, fundamental ratios, market capitalisation, 52-week levels and market insights. Univest also helps readers follow Race Eco Chain Share Price news, Race Eco Chain Stock News and Race Eco Chain Stock Analysis in one place. If you are reviewing Race Eco Chain Share Price today, the platform gives a simple way to revisit price action, valuation and sector context as fresh market information appears.
Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and is not investment advice by Uniresearch Global Pvt. Ltd. (Research Analyst, SEBI Reg. No. INH000013776, a subsidiary of Univest Communication Technologies Private Limited).
Frequently Asked Questions
Why did Race Eco Chain Share Price fall today?
Ans. Race Eco Chain Share Price fell 8.76% to Rs 117.20 from the previous close of Rs 128.45. Univest figures confirm the price action, but they do not point to a specific company trigger.
What is Race Eco Chain Share Price today?
Ans. Race Eco Chain Share Price today is Rs 117.20. The stock was last traded at that level after opening at Rs 136.95 and touching a high of Rs 141.45 during the current trade.
How much did Race Eco Chain Share Price decline?
Ans. Race Eco Chain Share Price declined by Rs 11.25, which equals 8.76%. The move took the stock below its previous close of Rs 128.45 and left the current price at the day’s low.
What is the market capitalisation of Race Eco Chain ?
Ans. Race Eco Chain has a market capitalisation of Rs 184.74 crore. That places Race Eco Chain Share Price in the Micro Cap category and below the benchmark median market cap in its industry peer set.
How is Race Eco Chain Share Price valued on P/E and P/B?
Ans. Race Eco Chain Share Price trades at a P/E of 29.47 and a P/B of 3.84. Both are above the same-industry median, which puts the stock at a richer valuation than many peers.
What do ROE and ROCE show for Race Eco Chain Share Price?
Ans. Race Eco Chain Share Price shows ROE of 13.11% and ROCE of 11.71%. These figures are positive, but they sit below the industry benchmark medians of 14.95% and 20.39%. The previous close was Rs 128.45.
What is Race Eco Chain Share Price EPS and book value?
Ans. Race Eco Chain Share Price has EPS of Rs 4.36 and book value of Rs 33.46 per share. EPS reflects earnings attributable to each share, while book value shows accounting net worth per share.
Does Race Eco Chain Share Price offer a dividend yield?
Ans. Race Eco Chain Share Price has a dividend yield of 0. That means the latest Univest figures do not show any current dividend yield support in the stock’s price discussion.
How does Race Eco Chain Share Price compare with peers?
Ans. Race Eco Chain Share Price sits above Refex Industries on P/E and P/B, below Ion Exchange on P/E, and below VA Tech Wabag on market capitalisation. Its return ratios are also lower than some stronger peers.
