Is Race Eco Chain the Best Stock in Its Sector? A Look at the Numbers

Is Race Eco Chain the best stock in its sector? The stock trades on the NSE at Rs 109 as of 06 October 2026, within its 52-week range of Rs 84.11 to Rs 240.00. Race Eco Chain Ltd, formerly Anisha Impex, collects and supplies plastic and other recyclable waste to recyclers and also makes recycled products.

Race Eco Chain sits in the Miscellaneous sector, and its 9.13% ROE and 23.69x P/E give a starting point for judging where it stands against comparable listed names. The rest of this article compares those numbers against verified peers and the sector's Industry P/E benchmark.

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About Race Eco Chain

Race Eco Chain Ltd, formerly Anisha Impex, collects and supplies plastic and other recyclable waste to recyclers and also makes recycled products. It was formerly known as Anisha Impex and now focuses on plastic waste collection and recycling, its operating margins are thin because much of its revenue is trading, the stock is trading about 54 percent below its 52-week high, and it is a micro-cap with thin volumes, with the P/E shown based on the previous close. At a market capitalisation of Rs 188 Cr, it is tracked as part of the Miscellaneous sector on Univest.

Is Race Eco Chain the Best Stock in Its Sector?

Race Eco Chain makes its case as the best stock in its sector primarily on valuation relative to its Industry P/E, combining a 9.13% ROE with a 23.69x P/E against the sector's 54.91x Industry P/E. Race Eco Chain's 23.69x P/E is well below the 54.91x Industry P/E, but the benchmark is skewed by richer names, a 9.13% ROE is moderate, a debt to equity ratio of 1.21 adds risk, and the stock has fallen about 54 percent from its 52-week high.

Metric	Race Eco Chain
CMP (NSE)	Rs 109.49
52-Week High / Low	Rs 240.00 / Rs 84.11
Market Cap	Rs 188 Cr
P/E (TTM) vs Industry P/E	23.69x vs 54.91x
P/B	3.30
ROE	9.13%
EPS (TTM)	Rs 4.59
Dividend Yield	0.00%
Debt to Equity	1.21

Compare Race Eco Chain Against Other Miscellaneous Sector Stocks

How Race Eco Chain Compares Against Its Miscellaneous Sector Peers

The table below sets Race Eco Chain against 2 other Miscellaneous sector names, using the same live data source for every company. A peer average row is included for P/E, ROE and debt to equity, calculated across the 2 peer companies.

Company	Market Cap (Rs Cr)	P/E	ROE	Debt to Equity
Race Eco Chain	188	23.69	9.13%	1.21
Nupur Recyclers	1,082	54.57	10.60%	0.25
Gravita India	11,193	28.58	15.45%	0.30
Peer average (2 companies)	-	41.58	13.02%	0.28

Against this peer set, Race Eco Chain's 9.13% ROE is below the 13.02% peer average, and its P/E of 23.69x runs below the peer average of 41.58x. Race Eco Chain's 23.69x P/E is well below the 54.91x Industry P/E, but the benchmark is skewed by richer names, a 9.13% ROE is moderate, a debt to equity ratio of 1.21 adds risk, and the stock has fallen about 54 percent from its 52-week high.

What Makes Race Eco Chain Worth Watching in Miscellaneous

• Below Industry P/E: A 23.69x P/E against a 54.91x Industry P/E is a wide discount, though that benchmark is skewed by richer names.
• Recycling and circular economy focus: Collecting and supplying plastic and other recyclable waste, and making recycled products, gives Race Eco Chain exposure to the circular economy theme.
• Leverage to watch: A debt to equity ratio of 1.21 is on the higher side and is a key factor to watch for a thin-margin business.

Race Eco Chain Valuation: Is It Justified?

Race Eco Chain's 23.69x P/E is well below the 54.91x Industry P/E, but the benchmark is skewed by richer names, a 9.13% ROE is moderate, a debt to equity ratio of 1.21 adds risk, and the stock has fallen about 54 percent from its 52-week high. As with any single stock, investors should weigh this against their own valuation discipline and risk appetite rather than the sector label alone.

Also read – Is Precot the Best Stock in Its Sector? A Look at the Numbers

Download the Univest iOS App or Univest Android App to track Race Eco Chain and other Miscellaneous sector stocks.

How to Track Race Eco Chain Before You Invest

Before deciding whether Race Eco Chain deserves its label as the best stock in its sector for your own portfolio, compare it directly against Miscellaneous sector peers using the steps below.

1. Open the Univest Screener and search for Race Eco Chain to view live price, valuation ratios, and peer comparisons within the Miscellaneous sector.
2. Compare its P/E, P/B, and ROE against other Miscellaneous sector stocks before deciding if the current valuation fits your strategy.
3. Set a price alert around key support and resistance zones using the Univest app so you are notified of meaningful moves.
4. Open a broking account on Univest if you decide to add the stock, and size the position based on your own risk appetite and portfolio allocation.

Conclusion

Race Eco Chain is worth researching mainly on valuation, with a P/E of 23.69x against a 54.91x Industry P/E, but a 9.13% ROE is modest, so the case for calling it the best stock in its sector rests on more than current returns. As with any individual stock decision, this analysis is educational and investors should do their own research or consult a SEBI-registered advisor before investing.

Is Race Eco Chain the best stock in its sector?

Ans. Race Eco Chain has a 9.13% ROE and trades at 23.69x P/E against a 54.91x Industry P/E, and compares below the peer average ROE of 13.02% in this article's named comparison, so the answer depends on what an investor is prioritising.

What is the current share price of Race Eco Chain?

Ans. Race Eco Chain was trading at Rs 109.49 on the NSE as of 06 October 2026, within its 52-week range of Rs 84.11 to Rs 240.00.

What sector does Race Eco Chain belong to?

Ans. Race Eco Chain is classified under the Miscellaneous sector on Univest.

How does Race Eco Chain compare to its sector peers on P/E?

Ans. Race Eco Chain's P/E of 23.69x is below the 41.58x average of the 2 named peers compared in this article.

What is Race Eco Chain's return on equity?

Ans. Race Eco Chain reported a return on equity of 9.13%, which is below the 13.02% average of its named peers in this comparison.

Should I invest in Race Eco Chain based on its sector position?

Ans. Race Eco Chain's sector position and metrics make it worth researching further, but any investment decision should factor in your own risk appetite, its valuation relative to peers, and independent research or advice from a SEBI-registered advisor.

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