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Shrenik Share Price Target 2024, 2025, 2026 to 2039 With Charts
Shrenik Limited | |||
 | Symbol: SHRENIK | ||
| Price: ₹1.14 | |||
| Exchange: NSE | |||
| Basic Materials -> Paper & Paper Products | |||
Show Table of Contents
Table of Contents
- 1: Shrenik Brief Company Overview
- 1.1: Company Overview: Shrenik Limited
- 1.2: Shrenik Financial Performance
- 1.2.1: Is Shrenik A Good Buy For Long Term?
- 2: Approach 1: Technical Analysis Paired With Price Action
- 2.1: Shrenik Share Price Target For 2024
- 2.1.1: Shrenik Share Price Target Table For 2024
- 2.1.2: Summary: Shrenik Share Price Prediction For 2024
- 2.2: Shrenik Share Price Target For 2025
- 2.2.1: Shrenik Share Price Target Table For 2025
- 2.2.2: Summary: Shrenik Share Price Prediction For 2025
- 3: Approach 2: Machine Learning By Studying Historical Prices
- 3.1: Shrenik Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
- 3.2: Shrenik Share Price Target Table From 2024, 2025, 2026 to 2039
- 4: Shrenik Past Performance
Shrenik Brief Company Overview
Company Overview: Shrenik Limited
Shrenik Limited is a leading Indian company engaged in the processing and trading of paper, pulp, and paperboard products. Established in 2012 and headquartered in Ahmedabad, Shrenik has carved a niche in the industry with its commitment to providing diverse, high-quality products.
Key Products and Services- Paper processing
- Pulp processing
- Paperboard products
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Shrenik Financial Performance
| Metric | Value | Description |
|---|---|---|
| Market Capital | 58.14 Crore | Market valuation of Shrenik's shares. |
| Revenue (TTM) | 34.19 Crore | Total revenue generated by Shrenik over the past twelve months. |
| Net Income (TTM) | -108.94 Crore | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -1808.2% | Income from operations as a percentage of revenue, before taxes and interest. |
| Profit Margin | -166.51% | Net income as a percentage of revenue, after all expenses. |
| Revenue Growth (Quarterly) | -50.1% | Change in revenue compared to the previous quarter. |
| Debt-to-Equity (D/E) Ratio | 2.08 | Company's total debt divided by total shareholder equity. |
| Total Debt | 124.24 Crore | Sum of Shrenik's current & long-term financial obligations. |
| Total Cash | 1 Crore | Total amount of liquid funds available to Shrenik. |
| Beta | 2.1 | Beta is greater than 1 indicating that the Shrenik's price is more volatile than the market. |
Is Shrenik A Good Buy For Long Term?
Shrenik, a smallcap stock with a negative net profit and high debt, has shown poor revenue growth and profitability. Its returns over the past 3, 5, and 12 months have been negative. Given these factors, Shrenik is not a good buy for long-term investment.
To predict the Shrenik's future market prices, we harnessed 2 dynamic approaches:
Approach 1: Technical Analysis Paired With Price Action
Approach 2: Machine Learning By Studying Historical Prices
Approach 1: Technical Analysis Paired With Price Action
Shrenik Share Price Target For 2024
The line chart displays the monthly closing prices of Shrenik with a black line. The green line shows three potential target prices for 2024, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Shrenik shares in 2024, see the table below.
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Shrenik Share Price Target Table For 2024
| Shrenik's Levels | Value | Reason/Importance |
|---|---|---|
| 2024 Target 3 | 1.25 (+8.69%) | Price Action: Mar 2023 High |
| 2024 Target 2 | 1.22 (+6.08%) | Custom Fibonacci Extension Lvl 23.6% |
| 2024 Target 1 | 1.20 (+4.34%) | Price Action: Sep 2023 High |
| Current Price | 1.15 | Shrenik's 1 share price as of Mon 01 Jul 2024 |
| Stop Loss 1 | 1.13 (-1.74%) | Price Action: Chart |
| Stop Loss 2 | 1.12 (-2.61%) | Price Action: Chart |
| Stop Loss 3 | 1.10 (-4.35%) | Price Action: Jun 2023 High |
Summary: Shrenik Share Price Prediction For 2024
In summary, Shrenik has declined by ₹-0.10, recording a notable -8.00% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Shrenik for 2024 predicts an additional rise of 4.34% to 8.69% by the end of 2024 with three potential targets T1: 1.20, T2: 1.22, T3: 1.25. Stop Loss at SL1: 1.13, SL2: 1.12, SL3: 1.10.
Shrenik has a 52-week high of ₹1.70, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹0.85, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's share price prediction, let's now check what 2025 might hold for Shrenik.
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Shrenik Share Price Target For 2025
The line chart displays the monthly closing prices of Shrenik with a black line. The green line shows three potential target prices for 2025, while the red line indicates three potential Stop Loss levels.
For detailed target and stop loss values for Shrenik shares in 2025, see the table below.
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Shrenik Share Price Target Table For 2025
| Shrenik's Levels | Value | Reason/Importance |
|---|---|---|
| 2025 Target 3 | 1.75 (+52.17%) | Price Action: Chart |
| 2025 Target 2 | 1.72 (+49.56%) | Price Action: Chart |
| 2025 Target 1 | 1.70 (+47.82%) | Fibonacci Extension Level 100% |
| Current Price | 1.15 | Shrenik's 1 share price as of Mon 01 Jul 2024 |
| Stop Loss 1 | 1.01 (-12.18%) | Price Action: 14 Jun 2024 High |
| Stop Loss 2 | 0.99 (-13.92%) | Price Action: 18 Jun 2024 High |
| Stop Loss 3 | 0.98 (-14.79%) | Price Action: 19 Jun 2024 High |
Summary: Shrenik Share Price Prediction For 2025
In summary, Shrenik has declined by ₹-0.10, recording a notable -8.00% decrease from 1st January 2024 to 01 Jul 2024. Despite the setback, our analysis of Shrenik for 2025 predicts an additional rise of 47.82% to 52.17% by the end of 2025 with three potential targets T1: 1.70, T2: 1.72, T3: 1.75. Stop Loss at SL1: 1.01, SL2: 0.99, SL3: 0.98.
Shrenik has a All-Time high of ₹37.66, acting as a crucial resistance level - a ceiling that could challenge further price increase. Conversely, it has a 52-week low of ₹0.85, a critical support level - think of this as a safety net where the price might stop falling.
After looking at 2024's and 2025's share price prediction, you might wonder what are short term targets for Shrenik, we have created a specific page for that check here: Shrenik Share Price Target For Tomorrow & Next Week
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Approach 2: Machine Learning By Studying Historical Prices
Shrenik Long Term Share Price Prediction Chart From 2024, 2025, 2026 to 2039
This chart presents a detailed projection of Shrenik share price predictions from 2024, 2025, 2026 to 2039. This share price Prediction represents a CAGR of 2.94% over the next 15 years.
For complete year by year Shrenik long term share price target from 2024, 2025 to 2039 check the below table.
Shrenik Share Price Target Table From 2024, 2025, 2026 to 2039
| Year | Shrenik Target | YoY Change % |
|---|---|---|
| 2024 | ₹1.14 | [Current Price] |
| 2024 | ₹1.06 | -7.83% |
| 2025 | ₹1.1 | 3.77% |
| 2026 | ₹1.12 | 1.81% |
| 2027 | ₹1.12 | 0% |
| 2028 | ₹1.19 | 6.24% |
| 2029 | ₹1.25 | 5.04% |
| 2030 | ₹1.3 | 4% |
| 2031 | ₹1.31 | 0.76% |
| 2032 | ₹1.3 | -0.77% |
| 2033 | ₹1.38 | 6.15% |
| 2034 | ₹1.45 | 5.07% |
| 2035 | ₹1.49 | 2.75% |
| 2036 | ₹1.5 | 0.67% |
| 2037 | ₹1.49 | -0.67% |
| 2038 | ₹1.57 | 5.36% |
| 2039 | ₹1.59 | 1.27% |
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Shrenik Past Performance
- In 2017, Shrenik opening price was ₹2.93
- As of Mon 01 Jul 2024 the price stands at ₹1.14.
- This represents a Compound Annual Growth Rate (CAGR) of -11.03%.
- In 7 years, an investment of 10,000 would have become ₹3,924.91.
As we wrap up, we hope you like our study on Shrenik share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.
Show Methodology We Use
Methodology Behind the Prediction
The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.
We have historical share price data of all stocks for which we present targets, so we analyse historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.
- Shrenik Share Price History
- Shrenik Price Target Tomorrow
- Shrenik Dividend History
- Shrenik Bonus History
- Shrenik Split History
Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.
