SHRENIK · Materials · 2026-08-07
Shrenik Ltd
Stage 4 · wk 32MARKET: BULL TOPPING · 2026-08-07
₹0.3
-2.94% today
₹20 Cr · Micro cap
About this companyMaterials· Paper ProductsExpand ▾
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 →vs 52W High
-46.8%
₹0.3 lo₹0.6 hi
46.8% 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 32
1w13w26w
Week 32 — 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
-22.4%
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
1.37x
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 · -6.3% vs MA50 -5.0%
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.
Sector
Materials
Stage 2%
33.9%
20d Δ
-4.4pp
1M return
+4.9%
3M return
+1.9%
Sector Stage-2 % · last 20 days
Sector has 135 Stage 2 leaders. See Materials Stage 2 →
Industry
Paper Products
Stage 2%
8.7%
20d Δ
-4.3pp
1M return
+10.0%
3M return
+2.8%
Industry Stage-2 % · last 20 days
Industry has 2 Stage 2 leaders. See Paper Products Stage 2 →
Price + Volume Chart
1M
-8.3%
3M
-17.5%
6M
-13.2%
YTD
-31.3%
1Y
-42.1%
Moving averages & range
50 DMA
₹0.4
200 DMA
₹0.4
52W High
₹0.6
52W Low
₹0.3
5D Low
₹0.3
Resistance levels (recent highs)
20d High
₹0.4
60d High
₹0.4
120d High
₹0.5
250d High
₹0.6
Next resistance
+9.1%
to 20d High
All analytics based on EOD data. Data as of 2026-08-07. Past data patterns are not indicative of future results. This page is a data analytics tool only.