
Race Eco Chain (RACE) Share Price falls in second straight session
Updated: 21 Oct 2026 • 2:59 pm
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Race Eco Chain Share Price is trading lower in its second straight session, with the latest traded price at Rs 108.85 after a cumulative fall of 15.26% from the streak start base of Rs 128.45. According to Univest data, the price pattern is confirmed, but no company-specific catalyst is established. The move keeps Race Eco Chain Share Price in focus because the decline is now part of a two-session run rather than a one-off slip, which gives readers a clearer view of the move in context.
With market capitalisation at Rs 206.65 crore, Race Eco Chain Share Price now sits in the Micro Cap category. A second straight session of decline matters because it changes the interpretation from a single-day reaction to a broader short-term down-move. For readers tracking Race Eco Chain Share Price Today, the streak lens is important: it shows how quickly the market has repriced the stock over two sessions, even before any separate business update is considered.
Race Eco Chain (RACE) Share Price Fall Streak: Consecutive Decline Analysis
| Metric | Value |
|---|---|
| Current Price | Rs 108.85 |
| Previous Close | Rs 119.75 |
| Today's Move | -Rs 10.90 (-9.1%) |
| Open | Rs 118.05 |
| High | Rs 118.05 |
| Low | Rs 108.85 |
| Market Capitalisation | Rs 206.65 crore |
Race Eco Chain Share Price opened at Rs 118.05, matched the day high at Rs 118.05 and moved down to a low of Rs 108.85, which is also the latest traded price as of 21 October 2026 at 2:52:51 PM IST. Versus the previous close of Rs 119.75, the stock was lower by Rs 10.90, or 9.10%. That leaves Race Eco Chain Share Price near the bottom of the day’s range rather than near the opening level.
The full day range so far shows that Race Eco Chain Share Price lost ground steadily after the open. For readers looking at Race Eco Chain Share Price Today, the key point is not only the percentage decline but also the fact that the latest traded price sat at the session low. With market capitalisation still at Rs 206.65 crore, the move remains relevant for a Micro Cap stock where such swings can alter near-term valuation quickly. The next section links this price action to the fundamental backdrop behind Race Eco Chain Share Price.
What the Consecutive Declines Show
Race Eco Chain Share Price is now lower across a second straight session, and the cumulative change from the streak start base of Rs 128.45 is 15.26%. That makes the current move more informative than a single-day drop because it shows that the stock has remained under pressure across two trading sessions. According to Univest data, the event is confirmed, but no company-specific catalyst is established.
For readers following Race Eco Chain Share Price, the streak matters because it compresses several pieces of market information into one pattern: the stock began the run from Rs 128.45, moved lower on the first session, and extended that weakness again today. Race Eco Chain Share Price therefore needs to be read as a two-session decline rather than an isolated daily move. That distinction becomes useful when comparing valuation, sector position and peer positioning.
Race Eco Chain (RACE) Fundamental Analysis
| Metric | Value |
|---|---|
| Market Capitalisation | Rs 206.65 crore |
| P/E Ratio | 27.47x |
| P/B Ratio | 3.58x |
| 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 27.47x, P/B 3.58x, ROE 13.11%, ROCE 11.71%. Read together, these ratios describe the company's position rather than a recommendation.
Race Eco Chain has a market capitalisation of Rs 206.65 crore and falls in the Micro Cap category, which gives readers a sense of company size before judging valuation. On valuation, P/E at 27.47x, P/B at 3.58x 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 19.31x, median ROE of 14.95%, median ROCE of 20.39%. These numbers explain the fundamental backdrop without converting the article into a buy or sell view.
Sector and Industry Context
| Metric | Value |
|---|---|
| Sector | Business Services |
| Industry | Environmental Services |
| Benchmark Scope | same industry |
| Company P/E Ratio | 27.47x |
| Benchmark Median P/E | 19.31x |
| Benchmark Average P/E | 36.96x |
| Benchmark P/E Range | 7.93x to 204.86x |
| Company P/B Ratio | 3.58x |
| Benchmark Median P/B | 2.37x |
| Benchmark Average P/B | 3.21x |
| Company ROE | 13.11% |
| Benchmark Median ROE | 14.95% |
| Benchmark Average ROE | 15.75% |
| Company ROCE | 11.71% |
| Benchmark Median ROCE | 20.39% |
| Benchmark Average ROCE | 20.19% |
| Company Market Capitalisation | Rs 206.65 crore |
| Benchmark Median Market Cap | Rs 333.52 crore |
| Benchmark Average Market Cap | Rs 1,657.47 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 27.47x, which is above the benchmark median of 19.31x, a difference of +42.26%. The P/E comparison frames valuation; it is not a signal to buy or sell.
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 | 11,716.84 | 29.67 | 4.44 | 15.84 | 21.22 |
| Ion Exchange (India) | IONEXCHANG | 5,396.6 | 55.02 | 4.02 | 11.25 | 13.46 |
| Refex Industries | REFEX | 3,426.6 | 13.93 | 2.37 | 19.95 | 24.06 |
| Antony Waste Handling Cell | AWHCL | 915.89 | 15.68 | 1.24 | 13.12 | 13.11 |
| Eco Recycling | ECORECO | 802.84 | 33.42 | 6.81 | 23.51 | 32.61 |
Race Eco Chain (RACE) has a P/E ratio of 27.47x compared with the displayed peer median of 29.67x. Peer multiples give relative context only, not a buy or sell view. 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 206.65 crore. All 5 peers shown have a larger market capitalisation.
Why Investors Are Watching Race Eco Chain
- Race Eco Chain Share Price is lower in a second straight session, so the streak itself is now the main market signal.
- The latest traded price at Rs 108.85 is below the previous close of Rs 119.75, keeping Race Eco Chain Share Price under close watch.
- Market capitalisation of Rs 206.65 crore places Race Eco Chain Share Price in the Micro Cap category.
- P/E of 27.47 and P/B of 3.58 let investors compare Race Eco Chain Share Price with the Environmental Services benchmark.
- ROE of 13.11% and ROCE of 11.71% give the fundamental context behind Race Eco Chain Share Price after the decline.
About Race Eco Chain
Race Eco Chain operates in Business Services within the Environmental Services industry. For readers tracking Race Eco Chain Share Price, that business context matters because the stock is being assessed against peers that work in similar environmental and waste-linked services. The available figures point to a company with a market cap of Rs 206.65 crore, valuation multiples in view and no dividend yield shown in the current ratios. Race Eco Chain Share Price should therefore be read alongside the sector and benchmark comparison, not as a standalone price chart.
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.
Investors tracking Race Eco Chain Share Price on Univest can follow the latest traded price, valuation ratios, 52-week levels and market insights in one place. The platform also helps readers compare Race Eco Chain Share Price with sector peers and review the fundamental ratios that frame short-term moves. That makes Univest useful for monitoring the stock through price action and valuation together.
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 is Race Eco Chain Share Price falling today?
Ans. Race Eco Chain Share Price is lower in a second straight session, and the latest traded price is Rs 108.85 versus the previous close of Rs 119.75. According to Univest data, the price pattern is confirmed, but no company-specific.
What is the latest Race Eco Chain Share Price?
Ans. Race Eco Chain Share Price last traded at Rs 108.85 as of 21 October 2026 at 2:52:51 PM IST. It moved within a day range from Rs 118.05 to Rs 108.85, with the low matching the latest traded price.
How much has Race Eco Chain Share Price fallen in the streak?
Ans. Race Eco Chain Share Price has declined 15.26% across the two-session streak from the base of Rs 128.45. That cumulative move is the key lens here, because it shows a pattern rather than a single-day decline.
What is the market capitalisation of Race Eco Chain ?
Ans. Race Eco Chain has a market capitalisation of Rs 206.65 crore. That places Race Eco Chain Share Price in the Micro Cap category and below the benchmark median market cap of Rs 333.52 crore in its industry set.
How is Race Eco Chain Share Price valued on P/E and P/B?
Ans. Race Eco Chain Share Price currently reflects a P/E of 27.47 and a P/B of 3.58. Both ratios sit above the industry benchmark median, so the stock still trades at a premium to the middle of the peer set.
What do ROE and ROCE show for Race Eco Chain ?
Ans. ROE is 13.11% and ROCE is 11.71% for Race Eco Chain Share Price analysis. ROE is slightly below the sector median, while ROCE is well below the sector median and average in the benchmark group.
Does Race Eco Chain pay a dividend?
Ans. The current ratios show a dividend yield of 0.00% for Race Eco Chain Share Price. That means the available valuation view is centered on earnings, book value and return ratios rather than current dividend income.
How does Race Eco Chain compare with peers?
Ans. Race Eco Chain Share Price sits above some peers on P/E, but below larger names like Ion Exchange (India) It also trails Refex Industries and Eco Recycling on ROE and ROCE in the figures shown.
What should investors monitor next for Race Eco Chain Share Price?
Ans. Investors can monitor whether Race Eco Chain Share Price stabilises after the second straight session and how the stock trades relative to Rs 108.85. The next useful checkpoints are valuation ratios, market cap and any fresh business update.
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