Shrenik (Small Cap) Share Target 2024, 2025 To 2039
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Shrenik Limited |
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Price: ₹0.79 | ||
| 52 Week Low: ₹0.66 52 Week High: ₹1.50 |
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| Market Capital: 58.14 Crore (Smallcap) | |||
| Basic Materials -> Paper & Paper Products | |||
Show Table of Contents
Table of Contents
- 1: Approach 1: Technical Analysis Paired With Price Action
- 1.1: Shrenik Share Price Target For 2024
- 1.1.1: Shrenik Share Price Target Table For 2024
- 1.1.2: Short-Term Technical Outlook
- 1.2: Shrenik Share Price Target For 2025
- 1.2.1: Shrenik Share Price Target Table For 2025
- 1.2.2: Long-Term Technical Outlook
- 2: Approach 2: Machine Learning By Studying Historical Prices
- 2.1: Shrenik Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
- 3: Shrenik Brief Company Overview
- 4: Shrenik Financial Performance
- 4.0.1: Is Shrenik A Good Buy For Long Term?
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.
Shrenik Share Price Target Table For 2024
| Level | Value | Analysis |
|---|---|---|
| 2024 Target 3 | 0.85 (+7.59%) | Price Action: Aug 2023 Low |
| 2024 Target 2 | 0.84 (+6.32%) | Price Action: Nov 2024 High |
| 2024 Target 1 | 0.83 (+5.06%) | Fibonacci Extension Level 23.60% |
| Current Price | 0.79 | Shrenik's share price as of 20 Dec 2024 |
| Stop Loss 1 | 0.77 (-2.54%) | Price Action: 23 Oct 2024 High |
| Stop Loss 2 | 0.76 (-3.80%) | Price Action: 04 Dec 2024 High |
| Stop Loss 3 | 0.75 (-5.07%) | Price Action: Sep 2024 Low |
Short-Term Technical Outlook
Current Technical Position: Shrenik is showing bullish momentum with price above both 25-day and 50-day moving averages.
Key Technical Level: The 25-day moving average at ₹0.76 serves as the nearest technical reference point.
Historical Returns: 3-month: +5.33% | 6-month: -24.76% | 1-year: -36.80%
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.
Shrenik Share Price Target Table For 2025
| Level | Value | Analysis |
|---|---|---|
| 2025 Target 3 | 1.5 (+89.87%) | Price Action: Chart |
| 2025 Target 2 | 1.47 (+86.07%) | Price Action: Chart |
| 2025 Target 1 | 1.46 (+84.81%) | Fibonacci Extension Level 64.90% |
| Current Price | 0.79 | Shrenik's share price as of 20 Dec 2024 |
| Stop Loss 1 | 0.63 (-20.26%) | Price Action: Chart |
| Stop Loss 2 | 0.62 (-21.52%) | Price Action: Chart |
| Stop Loss 3 | 0.61 (-22.79%) | Price Action: Chart |
Long-Term Technical Outlook
52-Week Range Analysis: Shrenik is currently trading near its 52-week low of ₹0.66, indicating potential value opportunity.
Long-Term Trend Analysis: The stock is in a bearish long-term trend, trading below key long-term moving averages.
Long-Term Performance: 1-year: -36.80% | 3-year: -78.65% | 5-year: -88.94%
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Approach 2: Machine Learning By Studying Historical Prices
Shrenik Share Price Target Chart and Table From 2024, 2025, 2026 to 2039
| Year | Target 1 | Target 1 YoY Chg % | Target 2 |
|---|---|---|---|
| Current Price | ₹0.79 | ||
| 2024 | ₹0.60 | -24.05% | ₹0.61 |
| 2025 | ₹0.56 | -6.67% | ₹0.61 |
| 2026 | ₹0.59 | +5.36% | ₹0.68 |
| 2027 | ₹0.71 | +20.34% | ₹0.77 |
| 2028 | ₹0.70 | -1.41% | ₹0.75 |
| 2029 | ₹0.71 | +1.43% | ₹0.77 |
| 2030 | ₹0.68 | -4.23% | ₹0.72 |
| 2031 | ₹0.88 | +29.41% | ₹0.89 |
| 2032 | ₹0.88 | 0.00% | ₹0.89 |
| 2033 | ₹0.85 | -3.41% | ₹0.87 |
| 2034 | ₹0.82 | -3.53% | ₹0.86 |
| 2035 | ₹0.82 | 0.00% | ₹0.84 |
| 2036 | ₹0.81 | -1.22% | ₹0.83 |
| 2037 | ₹0.81 | 0.00% | ₹0.82 |
| 2038 | ₹0.79 | -2.47% | ₹0.80 |
| 2039 | ₹0.79 | 0.00% | ₹0.80 |
Note: Target 1 and Target 2 represent price levels that the stock is most likely to achieve during the respective year, based on machine learning algorithms analyzing historical price patterns and market behavior. These predictions are generated through comprehensive analysis of the stock's historical data using advanced ML models.
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 Reputation and Commitment Shrenik Limited is recognized for its commitment to delivering exceptional products and services to its customers. The company's dedication to quality and innovation has earned it a strong reputation in the industry.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) | -1,089,473,024.00 | Net Profit or Loss after all the expenses over the past twelve months. |
| Operating Margin | -1,808.20% | 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) |
-50.10% | 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.
Disclaimer: The information provided on this page is for educational purposes only and should not be considered as financial advice. Historical performance data and technical analysis cannot guarantee future results. Stock investments are subject to market risks. Please consult with a qualified financial advisor before making any investment decisions.
All stock data shown is sourced from publicly available information and while we strive for accuracy, we cannot guarantee the absolute accuracy of all figures. Users should verify critical information from official sources before making investment decisions.
