Race Eco Chain Ltd. (RACE) Share Price Rises 15.35% as Micro Cap Stock Clears Threshold
- August 17, 2026
- Posted by: Harsh Piplani
- Category: News
Race Eco Chain Ltd. rose 15.35% to Rs 115 today, taking its market capitalisation to Rs 172.05 crore and placing the micro-cap stock among the session’s top gainers.
Race Eco Chain Ltd. Share Price jumped to Rs 115 on 17 August 2026, up 15.35% from the previous close of Rs 99.7, lifting the company’s market capitalisation to Rs 172.05 crore. That makes Race Eco Chain Ltd. Share Price Today one of the notable movers in Stock Market Today, with the move also qualifying under the Micro Cap category for the price-rise screen tracked here.
The verified data confirms a strong same-day share price gain, but it does not establish a company-specific catalyst behind the move. Even so, the magnitude matters because the stock cleared its qualifying bar for a Micro Cap name and entered the Top Gainers Today conversation on the basis of price action alone. For investors tracking Race Eco Chain Ltd. Stock News, the immediate question is less about an unverified narrative and more about what the supplied numbers actually say.
Those numbers show a stock that opened at Rs 115 and traded at Rs 115 as the day’s high and low at the recorded time, pointing to a locked early move rather than a broad intraday range. Volume was still modest in absolute terms, with total volume at 104 shares, but the price rise was large enough to push Race Eco Chain Ltd. Share Price into focus. Univest notes that investors now have to balance that sharp move with the company’s valuation, profitability ratios and its position within the Environmental Services industry.
From a financial-analysis standpoint, the company trades at a P/E ratio of 22.87 and a P/B ratio of 2.98, while ROE stands at 5.66% and ROCE at 8.66%. Those figures provide context, because Race Eco Chain Ltd. Share Price Rise is happening in a sector where benchmark profitability ratios are higher than the company’s current levels. That tension between price momentum and operating metrics is what makes this a stock worth monitoring on Univest today.
Race Eco Chain Ltd. (RACE) Share Price Today: Price Action Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 115 |
| Previous Close | Rs 99.7 |
| Today's Change | +Rs 15.3 (+15.35%) |
| Day Open | Rs 115 |
| Day High | Rs 115 |
| Day Low | Rs 115 |
| Current Volume (BSE) | 8 |
| BSE Traded Volume | 8 |
| NSE Traded Volume | 96 |
| Combined NSE + BSE Volume | 104 |
| Turnover | Rs 0 crore |
| Market Capitalisation | Rs 172.05 crore |
| Market Cap Category | Micro Cap |
Race Eco Chain Ltd. (RACE) traded at Rs 115. versus the previous close of Rs 99.7, a rise of 15.35%. The stock opened at Rs 115, reached Rs 115, touched Rs 115. Reported volume was 8.
Race Eco Chain Ltd. (RACE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 172.05 crore |
| P/E Ratio | 22.87x |
| P/B Ratio | 2.98x |
| ROE | 5.66% |
| ROCE | 8.66% |
| EPS | Rs 4.36 |
| Dividend Yield | 0% |
Race Eco Chain Ltd. was valued at a P/E ratio of 22.87x, a P/B ratio of 2.98x. These multiples provide valuation context, but they should not be labelled expensive or inexpensive without a comparable peer or sector benchmark.
Profitability and capital efficiency were represented by ROE of 5.66% and ROCE of 8.66%. ROE relates profit to shareholder equity, while ROCE measures returns generated on the capital employed in the business.
Per-share and shareholder-return metrics included EPS of Rs 4.36, dividend yield of 0%. Dividend yield is a current or historical ratio and does not guarantee future distributions.
Race Eco Chain Ltd. Fundamental Analysis suggests that today’s price rise should be read alongside moderate valuation and relatively modest profitability metrics. The company’s market capitalisation stands at Rs 172.05 crore, placing it in the micro-cap segment. Race Eco Chain Ltd. Share Price is therefore being assessed in a part of the market where movements can be sharp, but the quality of returns on capital and balance-sheet valuation still matter.
On valuation, the stock trades at a P/E ratio of 22.87 and a P/B ratio of 2.98. In isolation, those are simply market multiples; they become more useful when compared with the industry benchmark later in this article. For now, they show that Race Eco Chain Ltd. is not being valued at a distressed single-digit earnings multiple, nor is it at the extreme high end of the industry range shown in the benchmark set.
Profitability appears more restrained. ROE is 5.66%, indicating the return generated on shareholder equity is currently modest. ROCE is 8.66%, which also points to limited capital efficiency compared with stronger-performing environmental-services peers. EPS is Rs 4.36, meaning each share is backed by Rs 4.36 in earnings based on the supplied data. That gives an earnings anchor to the current stock price and helps explain how the 22.87 P/E ratio is being derived.
Dividend yield is 0, which means the current data does not indicate a cash payout yield relative to the present market price. For investors focused on income metrics, that keeps the discussion centred on valuation and operating returns rather than yield support. Race Eco Chain Ltd. Share Price Today is therefore attracting attention mainly because of price action, not because the supplied data signals a dividend-driven story.
Overall, the fundamentals provide context but not a confirmed trigger. The stock’s valuation sits within the wider industry range, while ROE and ROCE are positive but below stronger sector comparables. That combination means the price move is real and screen-worthy, yet it also needs to be weighed against the company’s current financial efficiency. From a Univest perspective, this is where ownership and sector positioning usually help complete the picture; in this case, sector and peer data become especially important.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Business Services |
| Industry | Environmental Services |
| Benchmark Scope | same industry |
| Company P/E Ratio | 22.87x |
| Benchmark Median P/E | 18.97x |
| Benchmark Average P/E | 41.93x |
| Benchmark P/E Range | 8.55x to 250.25x |
| Company P/B Ratio | 2.98x |
| Benchmark Median P/B | 2.21x |
| Company ROE | 5.66% |
| Benchmark Median ROE | 26.87% |
| Company ROCE | 8.66% |
| Benchmark Median ROCE | 15.04% |
| Company Market Capitalisation | Rs 172.05 crore |
| Benchmark Median Market Cap | Rs 250 crore |
Race Eco Chain Ltd. (RACE) is classified under sector: Business Services and industry: Environmental Services.
Race Eco Chain Ltd. (RACE) has a P/E ratio of 22.87x, which is above the benchmark median of 18.97x, a difference of +20.56%. P/E is a valuation multiple and is not, by itself, a buy or sell signal.
Race Eco Chain Ltd. (RACE) has a ROE of 5.66%, which is below the benchmark median of 26.87%, a difference of -78.94%. Race Eco Chain Ltd. (RACE) has a ROCE of 8.66%, which is below the benchmark median of 15.04%, a difference of -42.42%.
Track today’s top gainers through the Univest top gainers screener. The peer table below provides the company-level comparison.
Race Eco Chain Ltd. operates in the Business Services sector and the Environmental Services industry, and the supplied benchmark gives a useful way to place the stock’s valuation and profitability in context. The company’s P/E ratio of 22.87 sits above the industry median of 18.97 but below the industry average of 41.93, within a broad range of 8.55 to 250.25 across 11 companies.
This matters because Race Eco Chain Ltd. Share Price Rise is happening in an industry where valuations are widely dispersed. A P/E of 22.87 is above the median Environmental Services company in the same-industry benchmark, but it is far below the most expensive end of the range. On price-to-book, the company’s P/B ratio of 2.98 is above the industry median of 2.21 and below the average of 3.39, with the benchmark spanning from 0.99 to 8.27 across 12 companies. That places the stock somewhere in the middle of the valuation spread rather than at either extreme.
Profitability is where the contrast is clearer. Race Eco Chain’s ROE of 5.66% is well below the industry median of 26.87% and average of 28.05%. Its ROCE of 8.66% is also below the median of 15.04% and average of 25.34%. In other words, the current Race Eco Chain Ltd. Market Cap and valuation are not being supported by sector-leading returns on capital based on the verified figures.
The benchmark scope covers 12 same-industry companies. Within that set, the median market capitalisation is Rs 250 crore, the average is Rs 382.96 crore, the minimum is Rs 74.23 crore and the maximum is Rs 1,108.46 crore. At Rs 172.05 crore, Race Eco Chain is below both the median and the average industry market capitalisation. Univest sees this as an important framing point: the company is a smaller listed player in Environmental Services, trading at valuation multiples that are not unusually low, even though its profitability ratios trail the benchmark.
Peer Comparison
| Company | Symbol | Market Cap (Cr) | P/E | P/B | ROE (%) | ROCE (%) |
|---|---|---|---|---|---|---|
| Antony Waste Handling Cell Ltd. | AWHCL | 1,108.46 | 18.97 | 1.5 | 23.65 | 24.55 |
| Eco Recycling Ltd. | ECORECO | 962.79 | 40.08 | 7.29 | 18.13 | 15.16 |
| Namo Ewaste Management Ltd. | NAMOEWASTE | 626.57 | 43.66 | 7.06 | 21.65 | 11.9 |
| CONCORD ENVIRO SYSTEMS L | CEWATER | 547.42 | 0 | 0.99 | 31.85 | 26.33 |
| APEX ECOTECH LIMITED | APEXECO | 382.37 | 22.46 | 8.27 | 60.38 | 79.07 |
Race Eco Chain Ltd. (RACE) has a P/E ratio of 22.87x compared with the displayed peer median of 22.46x. This is a relative valuation comparison, not a buy or sell signal. Its ROE of 5.66% compares with a peer median of 23.65% across the companies shown in the table. ROCE stood at 8.66% versus the displayed peer median of 24.55%, providing a capital-efficiency comparison. Race Eco Chain Ltd. (RACE) has a market capitalisation of Rs 172.05 crore. Among the 5 peers shown, 5 have a larger market capitalisation.
Race Eco Chain Ltd. sits in a peer set that includes Antony Waste Handling Cell, Eco Recycling, Namo Ewaste Management, Concord Enviro Systems, Apex Ecotech, Felix Industries, Urban Enviro Waste Management, RESGEN and Banka Bioloo. Based on the supplied numbers, Race Eco Chain Ltd. Share Price is being valued at a P/E of 22.87, which is slightly above Apex Ecotech’s 22.46 and well above Antony Waste Handling Cell’s 18.97, Felix Industries’ 16.3, RESGEN’s 11.53 and Urban Enviro’s 8.55.
At the same time, Race Eco Chain’s P/E is below Eco Recycling’s 40.08, Namo Ewaste Management’s 43.66 and far below Banka Bioloo’s 250.25. That places the stock near the middle of the peer valuation range rather than at the premium end. Its P/B ratio of 2.98 is higher than Antony Waste Handling Cell’s 1.5, Felix Industries’ 2.16, RESGEN’s 1.76 and Banka Bioloo’s 2.26, but lower than Eco Recycling’s 7.29, Namo Ewaste’s 7.06 and Apex Ecotech’s 8.27. Concord Enviro Systems shows a P/B of 0.99.
Profitability remains a relative weakness. Race Eco Chain’s ROE of 5.66% trails Antony Waste Handling Cell at 23.65%, Eco Recycling at 18.13%, Namo Ewaste at 21.65%, Concord Enviro Systems at 31.85%, Apex Ecotech at 60.38%, Urban Enviro at 56.6%, RESGEN at 30.09% and even Banka Bioloo at 7.6%. Only Felix Industries, at negative 8.6%, is lower. A similar picture appears in ROCE, where Race Eco Chain’s 8.66% is below Antony’s 24.55%, Eco Recycling’s 15.16%, Namo Ewaste’s 11.9%, Concord’s 26.33%, Apex’s 79.07%, Urban Enviro’s 31.87% and RESGEN’s 11.38%, while remaining just above Banka Bioloo’s 8.55% and well above Felix’s negative 5.7%.
Size is also relevant. With a market capitalisation of Rs 172.05 crore, Race Eco Chain is smaller than Antony Waste Handling Cell at Rs 1,108.46 crore, Eco Recycling at Rs 962.79 crore, Namo Ewaste at Rs 626.57 crore, Concord at Rs 547.42 crore, Apex Ecotech at Rs 382.37 crore and Felix Industries at Rs 327.95 crore. It is larger than Urban Enviro at Rs 127.3 crore, RESGEN at Rs 101.08 crore and Banka Bioloo at Rs 89.34 crore. Univest therefore reads the stock as a lower-sized environmental-services player with mid-range valuation multiples but below-peer profitability.
Why Investors Are Watching Race Eco Chain Ltd.
Race Eco Chain Ltd. Share Price is in focus because the stock has delivered a verified 15.35% same-day gain and cleared the qualifying bar for its Micro Cap category. In a session where percentage movers attract attention quickly, the combination of a sharp price rise and a compact market capitalisation of Rs 172.05 crore is enough to keep the counter on trader and investor watchlists.
- Price action: the stock moved from Rs 99.7 to Rs 115, adding Rs 15.3 in a single session.
- Intraday structure: open, high and low were all Rs 115 in the supplied snapshot, indicating a one-way early move.
- Valuation: P/E is 22.87 and P/B is 2.98, placing the stock around the middle of the industry valuation spread.
- Profitability: ROE of 5.66% and ROCE of 8.66% sit below industry medians.
- Sector context: the company operates in Environmental Services within Business Services, a niche peer set with wide valuation dispersion.
What investors may monitor next is whether Race Eco Chain Ltd. Share Price holds this higher level, how turnover and total volume evolve from the early reading of 104 shares, and whether future company updates improve the gap between its current profitability and the stronger benchmark ratios seen across the industry. Univest highlights that the price event is confirmed, but interpretation still depends on how subsequent market data develops.
About Race Eco Chain Ltd.
Race Eco Chain Ltd. is classified in the Business Services sector and the Environmental Services industry. That places the company in a listed group connected to waste management, recycling, environmental handling and related services, as reflected by the benchmark companies supplied alongside it, such as Antony Waste Handling Cell, Eco Recycling and Namo Ewaste Management.
Within this industry frame, Race Eco Chain Ltd. is a smaller listed company with a market capitalisation of Rs 172.05 crore. The same-industry benchmark covers 12 companies, with market capitalisations ranging from Rs 74.23 crore to Rs 1,108.46 crore. That makes Race Eco Chain a sub-median player by size, below the benchmark median market capitalisation of Rs 250 crore and the benchmark average of Rs 382.96 crore.
From a market-position perspective, the stock therefore sits in a niche industry that has both larger established players and smaller emerging names. Its current valuation multiples and profitability levels suggest that the market is assigning it a meaningful earnings multiple, but not backing it with sector-leading return ratios at this stage. For readers following Race Eco Chain Ltd. Latest News, that combination makes the company relevant not just as a top gainer today, but as a micro-cap Environmental Services stock whose trading moves can quickly attract attention across NSE News, BSE News and broader Market News screens.
Track Race Eco Chain Ltd. Share Price on Univest
Use Race Eco Chain Ltd. (RACE) live share-price page, Univest top gainers screener, Univest market blogs to review live stock data, top gainers lists and related market analysis.
Investors who want to follow Race Eco Chain Ltd. Share Price more closely can track the stock on Univest for live share price updates, market capitalisation, valuation ratios, 52-week levels, price action and broader stock analysis. Univest also helps users monitor metrics such as P/E ratio, P/B ratio, ROE, ROCE, EPS and sector comparisons in one place.
For Race Eco Chain Ltd. Stock News, this matters because a single-day move can look very different once viewed alongside peer positioning, industry benchmarks and evolving volume patterns. Univest makes it easier to keep those data points together without turning a short-term market move into an unsupported narrative. That is especially useful in micro-cap names where percentage changes can be sharp and context is essential.
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 Univest (SEBI RA INH000013776).
Frequently Asked Questions
What is Race Eco Chain Ltd. Share Price Today?
Ans. Race Eco Chain Ltd. Share Price Today was Rs 115 in the supplied market snapshot. The stock was up 15.35% from the previous close of Rs 99.7, making it one of the notable percentage gainers in today’s session.
Why is Race Eco Chain Ltd. rising today?
Ans. The verified data confirms that the stock rose 15.35% in a single day and cleared the qualifying bar for its Micro Cap category. However, the supplied figures do not establish a company-specific catalyst behind today’s price rise.
How much did Race Eco Chain Ltd. gain compared with the previous close?
Ans. Race Eco Chain Ltd. gained Rs 15.3 over its previous close of Rs 99.7, reaching Rs 115. In percentage terms, that equals a 15.35% share price gain in the recorded trading session.
What does today’s intraday price action show for Race Eco Chain Ltd.?
Ans. The supplied snapshot shows the stock opened at Rs 115 and also recorded a day high of Rs 115 and day low of Rs 115. That points to a one-level early move rather than a broad intraday trading range.
What is the market capitalisation of Race Eco Chain Ltd.?
Ans. Race Eco Chain Ltd. has a market capitalisation of Rs 172.05 crore. That places it in the Micro Cap category and below the Rs 250 crore median market capitalisation in the same-industry benchmark provided.
Is Race Eco Chain Ltd. expensive compared with its industry on P/E?
Ans. The company’s P/E ratio is 22.87, which is above the same-industry median of 18.97 but below the average of 41.93. So it trades richer than the median Environmental Services company, but not near the highest end.
How does Race Eco Chain Ltd. compare on profitability?
Ans. Race Eco Chain Ltd. reports ROE of 5.66% and ROCE of 8.66%. Both are below the industry median levels of 26.87% for ROE and 15.04% for ROCE in the same-industry benchmark set.
What is the EPS of Race Eco Chain Ltd.?
Ans. The supplied EPS for Race Eco Chain Ltd. is Rs 4.36. EPS represents earnings attributable to each share and helps frame the current valuation, including the stock’s reported P/E ratio of 22.87.
Does Race Eco Chain Ltd. pay a dividend yield?
Ans. The current dividend yield shown for Race Eco Chain Ltd. is 0. That means the supplied data does not indicate a dividend yield support at the current market price of Rs 115.
Which sector and industry does Race Eco Chain Ltd. belong to?
Ans. Race Eco Chain Ltd. belongs to the Business Services sector and the Environmental Services industry. Its benchmark peer set includes companies such as Antony Waste Handling Cell, Eco Recycling and Namo Ewaste Management.
