Risk factor
Very poor trading liquidity
Profitability factor
Very favourable analyst view
About
Eco Recycling Ltd. specializes in the comprehensive processing and reclamation of electrical and electronic waste materials. The company's operations span the entire e-waste management chain, beginning with the procurement of discarded electronics from their original sources. These items are subsequently transported and meticulously sorted into functional and non-functional equipment and components. A critical step involves the secure eradication of any sensitive data. Following this, materials undergo size reduction and are further segregated into distinct commodity streams, encompassing glass, various plastics, and metals such as iron, steel, aluminum, and copper, alongside other valuable fractions. The process culminates in the remarketing of refurbished equipment, reusable components, and the diverse array of recovered raw materials. Established on August 1, 1994, by founder Brijkishore Kishangopal Soni, the company's corporate headquarters are situated in Mumbai, India.
Company Valuation
Based on key historical and expected multiples, the stock is slightly overvalued relative to its peers. In particular, the stock is reasonably priced on P/E, of fair valu
Target Price
The average target price of ECORECO.BO is 720 and suggests 74.7% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to