NIFTY 22200.55 BANK 47687.45

Shrenik Limited
Share Price Target & Analysis

NSE:SHRENIK

0.96

VWAP

1.00

Open

1

Close

1.00

High

0.95

Low

1.70

52 Week High

0.95 ⇩
-0.05 (-5.00%)

SHRENIK

(Miscellaneous)
11.8% Momentum

Turnaround Potential

0.85

52 Week Low

-

EPS

12.32

PE

0.98

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 Miscellaneous 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 0.95, 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 -. NSE:SHRENIK book value per share as of today is 0.97. The current price to book ratio for SHRENIK as of May 16, 2024 is 0.98.

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. The delivery percentage of SHRENIK is 65.70% is very crucial parameter which shows that 65.70% investors are anticipating that the price of SHRENIK share should go up with VWAP at 0.96.

Now, the main question is whether to BUY or SELL, NSE:SHRENIK at current valuation.
As per latest Analysis No. #3767:-

⇑ 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 (May 16, 2024)

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

Shrenik Limited share price moved Down by -5.00% from its previous close of Rs 1. SHRENIK stock last traded price is 0.95. SHRENIK share price trend is Down with a total of 1140668 stocks traded till now. It has touched an intraday high of Rs 1.00 and an intraday low of Rs 0.95. The SHRENIK trading at 0.95, Down by Rs. -0.05, or -5.00 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 -5.00%. SHRENIK share price short term trend is Down. It suggests that SHRENIK Share Price for Tomorrow remains the same with VWAP at 0.96 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

 0.95

SHRENIK Share Price Target Prediction for 2024 ^

 0.9 - 1.4

SHRENIK Share Price Target Prediction for 2025*^

 1.4 - 1.5

SHRENIK Share Price Target Prediction for 2026*^

 1.5 - 1.6

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
1

*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: @0.95

SHRENIK Moving Averages

BUY (0) NEUTRAL (0) SELL (14)
MA Simple Action S1 Expo Action E2
MA_5 0.96 SELL 0.96 SELL
MA_12 0.96 SELL 0.96 SELL
MA_20 0.96 SELL 0.96 SELL
MA_32 0.96 SELL 0.98 SELL
MA_50 0.98 SELL 0.99 SELL
MA_100 1.07 SELL 1.03 SELL
MA_200 1.05 SELL 1.09 SELL

SHRENIK Trend Oscillators

BUY (1) NEUTRAL (0) SELL (3)
Trend Oscillators Value Action
Bollinger Bands 0.96 Downtrend
MACD 0 SELL
ADX 40.52 Strong Trend
DMI (+/-) 2.49 / 15.71 Downtrend

SHRENIK Momentum Oscillators

BUY (0) NEUTRAL (9) SELL (3)
Momentum Oscillators Value Action
RSI 46.82 Neutral
STOCHASTIC_K (Fast) 62.44 Neutral
STOCHASTIC_D (Slow) 66.61 Neutral
CCI 42.42 Neutral
PSAR 1.05 SELL
TRUE RANGE 0.05 Neutral
ATR 0.07 Neutral
WILLIAMS R -50 Neutral
TRIX 0 Neutral
STOCHASTIC RSI K 6.22 Oversold
STOCHASTIC RSI D 68.74 Neutral
MOMENTUM -0.05 SELL

SHRENIK Last 1 Year Trend

Duration Value
1 Year -13.64%
3 Months -9.52%
1 Month -5%
1 Week 0%

SHRENIK Technical Analysis Summary

Updated on 2024-05-15
Action Overall (%)
BUY 3%
NEUTRAL / HOLD 30%
SELL 67%

Most popular Questions & Answers about SHRENIK


Shrenik Limited stock last traded price is 0.95. SHRENIK share price moved Down by -5.00% from its previous close of Rs 1.

Shrenik Limited share price trend is Down with a total of 1140668 stocks traded till now. It has touched an intraday high of Rs 1.717 and an intraday low of Rs 0.95. The SHRENIK trading at 0.95, Down by Rs. -0.05, or -5.00 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 0.96.

The market cap of Shrenik Limited is ₹205 (in Cr) as of May 15, 2024.

The current price to earning ratio for Shrenik Limited as of May 15, 2024 is 12.32.

The current price to book ratio for Shrenik Limited as of May 15, 2024 is 0.98.

The highest price of Shrenik Limited stock is ₹1.70 in the last 52-week.

The lowest price of Shrenik Limited stock is ₹0.85 in the last 52-week.

Shrenik Limited share trading at ₹0.95, Down by Rs. -0.05, or -5.00 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 ₹0.9 on downside and ₹1.4 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 ₹1.4 on downside and ₹1.5 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 ₹1.5 on downside and ₹1.6 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.

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. Shrenik Limited book value per share as of today is 0.97. The current price to book ratio for SHRENIK as of May 16, 2024 is 0.98.


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: Miscellaneous

Company Price EPS BV
GATEWAY 106.60 5.2 34.87
TITAN 3268.55 39.91 162.84
STYLAMIND 1629.40 69.4 243.33
NYKAA 169.75 0.16 5.78
IRCTC 1027.35 13.82 30.98
NAUKRI 5941.60 61.91 832.05
INTLCONV 87.70 10.03 36.24
MALLCOM 1004.30 53.91 308.66
JUBLFOOD 468.00 3.88 32.51
NRL 73.30 1.57 11.18
Updated at: 15 May 2024 15:58

Feel free to contact us, in case of any queries.

SITEMAP 355
Disclaimer: Published information or data available on the Website may not be current or up to date and also any information or data available on this website may contain inaccuracies and/or typographical errors. Kindly refer any reliable source for its accuracy. If you select any of these stocks for your trades, you do so at your own risk.

Stocks to Watch Today

ADANIENT 3049.75 12.20 (0.4%) | ADANIGREEN 1835.00 46.20 (2.58%) | ADANIPORTS 1337.85 6.60 (0.5%) | ADANITRANS 1022.05 31.00 (3.13%) | AMBUJACEM 613.25 3.05 (0.5%) | APOLLOHOSP 5854.80 -8.00 (-0.14%) | ASIANPAINT 2813.00 -53.15 (-1.85%) | ATGL 916.60 7.65 (0.84%) | AUROPHARMA 1158.40 -10.20 (-0.87%) | AXISBANK 1128.00 5.15 (0.46%) | BAJAJ-AUTO 8903.15 -162.10 (-1.79%) | BAJAJFINSV 1570.75 -5.70 (-0.36%) | BAJFINANCE 6680.00 4.30 (0.06%) | BALKRISIND 2507.00 19.35 (0.78%) | BANDHANBNK 189.90 1.35 (0.72%) | BANKBARODA 263.90 3.05 (1.17%) | BEL 232.85 1.90 (0.82%) | BERGEPAINT 486.15 -8.40 (-1.7%) | BHARTIARTL 1309.90 25.60 (1.99%) | BIOCON 311.90 1.00 (0.32%) | BOSCHLTD 30930.00 -952.00 (-2.99%) | BPCL 625.05 19.10 (3.15%) | BRITANNIA 5064.00 -76.80 (-1.49%) | CADILAHC 992.50 10.35 (1.05%) | CIPLA 1405.50 48.15 (3.55%) | COALINDIA 467.50 18.80 (4.19%) | COLPAL 2673.00 -146.95 (-5.21%) | DABUR 546.60 -7.95 (-1.43%) | DIVISLAB 3892.55 -3.65 (-0.09%) | DLF 825.65 -13.40 (-1.6%) | DMART 4652.45 55.40 (1.21%) | DRREDDY 5882.00 13.20 (0.22%) | EICHERMOT 4649.35 -81.20 (-1.72%) | GAIL 200.75 0.70 (0.35%) | GLAND 1776.00 10.50 (0.59%) | GODREJCP 1295.00 -11.90 (-0.91%) | GRASIM 2369.70 -2.35 (-0.1%) | GUJGASLTD 542.50 -8.90 (-1.61%) | HAVELLS 1754.15 25.05 (1.45%) | HCLTECH 1335.00 13.95 (1.06%) | HDFC 2724.30 0.00 (0%) | HDFCAMC 3762.05 84.15 (2.29%) | HDFCBANK 1440.80 -20.15 (-1.38%) | HDFCLIFE 555.95 -5.60 (-1%) | HEROMOTOCO 5057.30 13.85 (0.27%) | HINDALCO 653.70 7.05 (1.09%) | HINDUNILVR 2327.80 -21.80 (-0.93%) | HINDZINC 559.40 -0.50 (-0.09%) | ICICIBANK 1125.10 4.55 (0.41%) | ICICIGI 1652.90 -30.90 (-1.84%) | ICICIPRULI 580.35 -16.85 (-2.82%) | INDIGO 4295.50 148.15 (3.57%) | INDUSINDBK 1417.10 -3.90 (-0.27%) | INDUSTOWER 341.80 2.30 (0.68%) | INFY 1419.95 -4.75 (-0.33%) | IOB 61.90 0.05 (0.08%) | IOC 161.80 2.45 (1.54%) | ITC 427.80 -1.90 (-0.44%) | JSWSTEEL 870.95 -10.55 (-1.2%) | KOTAKBANK 1650.80 4.50 (0.27%) | LT 3411.30 31.85 (0.94%) | LTI 4649.30 14.45 (0.31%) | LUPIN 1639.10 1.95 (0.12%) | M&M 2302.30 32.40 (1.43%) | MARICO 590.80 -9.45 (-1.57%) | MARUTI 12758.50 -55.70 (-0.43%) | MCDOWELL-N 1174.25 -1.35 (-0.11%) | MOTHERSUMI 127.55 2.50 (2%) | MUTHOOTFIN 1676.10 -1.20 (-0.07%) | NAUKRI 5941.60 -75.70 (-1.26%) | NESTLEIND 2465.00 -22.35 (-0.9%) | NMDC 267.30 2.25 (0.85%) | NTPC 361.35 5.55 (1.56%) | ONGC 273.45 0.55 (0.2%) | PEL 823.40 -6.85 (-0.83%) | PIDILITIND 2987.45 3.70 (0.12%) | PIIND 3645.95 -21.65 (-0.59%) | PNB 124.15 -1.60 (-1.27%) | POWERGRID 314.85 5.60 (1.81%) | RELIANCE 2831.70 -8.45 (-0.3%) | SAIL 166.40 1.75 (1.06%) | SBICARD 713.45 -4.95 (-0.69%) | SBILIFE 1428.80 -4.05 (-0.28%) | SBIN 820.30 2.10 (0.26%) | SHREECEM 25819.65 -205.25 (-0.79%) | SIEMENS 7119.30 458.85 (6.89%) | SRF 2290.00 3.25 (0.14%) | SUNPHARMA 1527.40 -17.85 (-1.16%) | TATACONSUM 1070.00 -15.45 (-1.42%) | TATAMOTORS 947.30 -17.35 (-1.8%) | TATAMTRDVR 637.30 -9.05 (-1.4%) | TATASTEEL 165.60 0.65 (0.39%) | TCS 3880.40 -20.80 (-0.53%) | TECHM 1276.90 1.40 (0.11%) | TITAN 3268.55 -20.35 (-0.62%) | TORNTPHARM 2652.35 21.70 (0.82%) | ULTRACEMCO 9614.10 -46.55 (-0.48%) | UPL 514.80 4.75 (0.93%) | VEDL 437.40 4.85 (1.12%) | WIPRO 458.30 1.95 (0.43%) |