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Shrenik Limited
Share Price Target & Analysis

NSE:SHRENIK

0.67

VWAP

0

Open

0.69

Close

0.69

High

0.67

Low

1.7

52 Week High

0.69 ⇩
0.00 (0%)

SHRENIK

(Miscellaneous)
2.9% Momentum

Watch Carefully

0.66

52 Week Low

N/A

EPS

15.74

PE

N/A

PB

Uncertain
Quality

Unclear
Valuation

#Analysis

NSE: SHRENIK Share Price Financial Analysis & Valuation

Shrenik Limited (SHRENIK) is broadly categorized in Miscellaneous segment industry which deals in Trading vertical. It is one of Penny Stocks company with Market Capitalization of Rs 205 (in Cr). Total number of free float shares are 0 (in Lacs). Shrenik Limited is listed on NSE with Exchange ID - INE632X01030 and trading code is NSE:SHRENIK with short name Shrenik.

In the past 1 year, Shrenik Limited has declared an equity dividend of Rs 0 per share. At the current share price of SHRENIK at Rs 0.69, this results in a dividend yield of 0 %.

As per the Fundamental Analysis of NSE:SHRENIK, which uses revenues, earnings, future growth, financial ratios, return on equity, profit margins, and other data to determine SHRENIK underlying value and future prospects. All of this data is available in SHRENIK financial statements.

Quality of the Stock: As per the fundamental analysis of NSE:SHRENIK, it is clearly understood that SHRENIK is Uncertain performer in terms of earnings and profit margins with an EPS of 0.

Valuation of the Stock: The current valuation of SHRENIK stock is like Unclear which means currently the stock is Confusing. Now, it's totally depends upon the risk appetite of an investor and risk-reward ratio of SHRENIK whether to BUY this stock at current valuation.

Now, the main question is whether to BUY or SELL, NSE:SHRENIK at current valuation.
As per latest Analysis No. #4088:-

⇑ STRONG BUY SHRENIK if All Greens

⇗ BUY SHRENIK (at Lower Levels) if any 2 Greens

⇒ NEUTRAL or HOLD SHRENIK (With Stop Loss) if only 1 Green

⇘ SELL SHRENIK if NO Green Indicator

NSE: SHRENIK Share Price Today (Nov 23, 2024)

(Shrenik Limited Daily Analysis on the basis of SHRENIK Intraday Graph & Trend)

Shrenik Limited share price moved Down by 0% from its previous close of Rs 0.69. SHRENIK stock last traded price is 0.69. SHRENIK share price trend is Down with a total of 1548910 stocks traded till now. It has touched an intraday high of Rs 0.69 and an intraday low of Rs 0.67. The SHRENIK trading at 0.69, Down by Rs. 0.00, or 0 percent which suggests that most of the Traders are anticipating that the price of SHRENIK share should go Down.

NSE: SHRENIK Share Price Tomorrow Prediction

(Shrenik Limited Share Price Prediction for Tomorrow & future forecast is based on Current Trend of SHRENIK)

Shrenik Limited share price moved Down by 0%. SHRENIK share price short term trend is Down. It suggests that SHRENIK Share Price for Tomorrow remains the same with VWAP at 0.67 will be treated as stop loss for intraday traders. Shrenik Limited Long term investors can follow the SHRENIK long term trend as mentiond in future forecast table.

NSE Code

NSE: SHRENIK

SHRENIK Share Price Today

 0.69

SHRENIK Share Price Target Prediction for 2024 ^

 0.7 - 1.3

SHRENIK Share Price Target Prediction for 2025*^

 1.3 - 1.4

SHRENIK Share Price Target Prediction for 2026*^

 1.4 - 1.5

SHRENIK Share Price Target Prediction for 2027*^

 2

SHRENIK Share Price Target Prediction for 2028*^

 2

SHRENIK Share Price Target Prediction for 2030*^

 2
SHRENIK Current Book Value 2023
Data Not Available

*Shrenik Limited Short Term & Long Term share price target is based on current financial year earings of the company.
^SHRENIK share price target prediction for 2024 2025 & 2026 to 2030 is based on current market scenario, future forecast & growth assumptions, they might change subject to market sentiments.

SHRENIK Technical Analysis

Candlestick Pattern: @0.72

SHRENIK Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 0.76 SELL 0.75 SELL
MA_12 0.76 SELL 0.76 SELL
MA_20 0.75 SELL 0.77 SELL
MA_32 0.78 SELL 0.78 SELL
MA_50 0.8 SELL 0.8 SELL
MA_100 0.83 SELL 0.84 SELL
MA_200 0.93 SELL 0.92 SELL

SHRENIK Trend Oscillators

BUY (0) NEUTRAL (1) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 0.75 Downtrend
MACD 0 SELL
ADX 21.71 NO or Weak Trend
DMI (+/-) 22.16 / 34.69 Downtrend

SHRENIK Momentum Oscillators

BUY (1) NEUTRAL (5) SELL (6)
Momentum Oscillators Value Action
RSI 40.63 Neutral
STOCHASTIC_K (Fast) -5.07 Oversold
STOCHASTIC_D (Slow) -4.09 Oversold
CCI -51.68 Neutral
PSAR 0.84 SELL
TRUE RANGE 0.02 BUY
ATR 0.03 Neutral
WILLIAMS R -66.67 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 0 Oversold
STOCHASTIC RSI D 0 Oversold
MOMENTUM -0.07 SELL

SHRENIK Last 1 Year Trend

Duration Value
1 Year -28%
3 Months -11.11%
1 Month -8.86%
1 Week -12.2%

SHRENIK Technical Analysis Summary

Updated on 2024-11-14
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 20%
SELL 77%

Most popular Questions & Answers about SHRENIK


Shrenik Limited stock last traded price is 0.69. SHRENIK share price moved Down by 0% from its previous close of Rs 0.69.

Shrenik Limited share price trend is Down with a total of 1548910 stocks traded till now. It has touched an intraday high of Rs 1.717 and an intraday low of Rs 0.67. The SHRENIK trading at 0.69, Down by Rs. 0.00, or 0 percent which suggests that most of the Traders are anticipating that the price of SHRENIK share should go Down and the Stop Loss will be around 0.67.

The market cap of Shrenik Limited is ₹205 (in Cr) as of Nov 22, 2024.

The current price to earning ratio for Shrenik Limited as of Nov 22, 2024 is 15.74.

The current price to book ratio for Shrenik Limited as of Nov 22, 2024 is N/A.

The highest price of Shrenik Limited stock is ₹1.7 in the last 52-week.

The lowest price of Shrenik Limited stock is ₹0.66 in the last 52-week.

Shrenik Limited share trading at ₹0.69, Down by Rs. 0.00, or 0 percent which suggests that most of the traders are anticipating that the price of SHRENIK share should go Down.

In 2023, Stock price target for Shrenik Limited (SHRENIK) are ₹0.7 on downside and ₹1.3 on upside. Shrenik Limited share price target is based on current financial year earings of the company.

In 2024, Stock price target for Shrenik Limited (SHRENIK) are ₹1.3 on downside and ₹1.4 on upside. Shrenik Limited share price target is based on forecasted future earnings of the company.

In 2025, Stock price target for Shrenik Limited (SHRENIK) are ₹1.4 on downside and ₹1.5 on upside. Shrenik Limited share price target is based on Discounted Cash Flow (DCF) method uses the projected future cash flows of the business.

In next five years, Stock price target for Shrenik Limited (SHRENIK) will be around ₹2 Shrenik Limited share price target is based on market scenario & growth assumptions, they might change subject to market sentiments and forecasted future earnings of SHRENIK.

The price of Shrenik Limited (SHRENIK) shares moved by 0%. The short-term trend for SHRENIK share price is Down. It implies that the share price of SHRENIK will stay the same tomorrow and that intraday traders should treat VWAP at 0.67 as a stop loss. Investors with a long-term outlook can track SHRENIK long-term trajectory, which is indicated in the future forecast table.

Estimated DCF Value of SHRENIK stock is Unavailable at this moment. Compared to the current market price of 0.69 INR, the SHRENIK stock is unpredictable by lack of Insufficient data.

As per the fundamental analysis of Shrenik Limited (SHRENIK), it is of Uncertain quality in terms of earnings and profit margins with an EPS of 0.


NSE:SHRENIK News & Other Useful Information about SHRENIK Share Price


Peer Comparison of NSE: SHRENIK

The Peers list includes companies operating in the same industry and having comparable market cap.

Sector: Trading

Company Price EPS BV
ADANIENT 2229.90 23.61 144.18
YAARI 15.17 0 -3.95
NRL 103.73 1.74 12.48
MMTC 74.40 0.83 9.03
PRECISION 48.80 0 37.81
SWANENERGY 586.80 0.16 145.74
PTC 164.29 12.45 140.13
SHAILY 1096.75 8.93 94.07
IMPAL 1097.20 61.79 1654.32
ANDREWYU 31.35 0.07 3.82
Updated at: 22 Nov 2024 15:15

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