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Shrenik Ltd

Stage 4 · Declining · week 41

Shrenik Limited engages in processing and trading of paper, pulp, and paperboard products in India. More about the company

₹0.3
+0.00% today
₹17 Cr · Micro cap
Market Neutral — FadingMaterials 35.2% in Stage 2-0.7 pts / 20dPaper Products 40.0%+16.0 pts
Loading price chart…
vs 52W High
-56.5%
₹0.3 lo₹0.6 hi
56.5% below 52W high — deep Stage 4 damage
In Stage 4, distance from the 52W high reflects ongoing decline — not a discount. Avoid catching falling knives.
Stage Maturity
Week 41
1w13w26w
Week 41 — extended decline
How long this stock has been in Stage 4 decline. The longer the downtrend, the more entrenched the selling pressure — there's no 'bottom' time to buy.
vs 200 DMA
-28.1%
200 DMA: ₹0.4 · sloping down
In Stage 4, the stock is below its 200 DMA — the hallmark of a downtrend. No long positions warranted until this reverses structurally.
Rel Volume
0.60x
vs 50-day avg
High volume on down days in Stage 4 confirms institutional selling. Low volume bounces are typical — they lack real buyers and should not be mistaken for reversals.
Trend Health
↓
MA20 rolling over · -1.6% vs MA50 -9.2%
Two-layer momentum read: the glyph shows whether the 20-day MA is rising (↑/↗), flat (→), or rolling over (↓). The ⇈ flag fires when the 20-day MA is pulling away from the 50-day MA — short-term momentum building on top of the longer trend. Best when both glyphs agree.
1M
-6.9%
3M
-27.0%
6M
-30.8%
YTD
-47.1%
1Y
-50.9%
Sector
Materials
→ Flat
Stage 2%
35.2%
20d Δ
-0.7pp
1M return
-5.4%
3M return
-0.3%
Sector Stage-2 % · last 20 days
Sector has 159 Stage 2 leaders. See Materials Stage 2 →
Industry
Paper Products
↑ Building
Stage 2%
40.0%
20d Δ
+16.0pp
1M return
+1.9%
3M return
+17.2%
Industry Stage-2 % · last 20 days
Industry has 10 Stage 2 leaders. See Paper Products Stage 2 →
Stage Cycle Timeline2023-07-12 → 2026-10-07
S4 23w
S4 43w
S4 42w
2023-07-122026-10-07
S1S2S3S4Setup score (0–10, dashed line at 5)
S4 11w → S1 2w → S4 3w → S1 6w → S2 11w → S3 5w → S4 13w → S1 4w → S4 23w → S1 3w → S4 43w → S1 2w → S4 42w current
Total tracked: 169 weeks across 13 stage runs.
Scan Membership
Not in any current scan.
Recent Stage Timeline
2026-10-07S4
Wk 41 · Vol 0.60x
2026-10-06S4
Wk 41 · Vol 2.19x
2026-10-05S4
Wk 41 · Vol 1.49x
2026-10-01S4
Wk 41 · Vol 0.57x
2026-09-30S4
Wk 40 · Vol 0.61x
2026-09-29S4
Wk 40 · Vol 0.71x
2026-09-28S4
Wk 40 · Vol 0.99x
2026-09-25S4
Wk 40 · Vol 1.16x
2026-09-24S4
Wk 40 · Vol 1.08x
2026-09-23S4
Wk 39 · Vol 0.34x
2026-09-22S4
Wk 39 · Vol 1.63x
2026-09-21S4
Wk 39 · Vol 0.47x
Sector Peers — Stage 2All →
VENUSPIPES
wk 19 · -1.9% from hi
9.8
MUKANDLTD
wk 19 · 0.0% from hi
9.3
VALIANTORG
wk 7 · -3.4% from hi
8.8
SUNFLAG
wk 2 · 0.0% from hi
8.7
ARROWGREEN
wk 18 · -2.2% from hi
8.4
Moving averages & range
50 DMA
₹0.3
200 DMA
₹0.4
52W High
₹0.6
52W Low
₹0.3
5D Low
₹0.3
Resistance levels (recent highs)
20d High
₹0.3
60d High
₹0.4
120d High
₹0.4
250d High
₹0.6
Next resistance
+7.4%
to 20d High
About this companyMaterials· Paper Products

Shrenik Limited engages in processing and trading of paper, pulp, and paperboard products in India. Shrenik Limited was incorporated in 2012 and is based in Ahmedabad, India.

Visit company website →

All analytics based on EOD data. Data as of 2026-10-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.