Shrenik Ltd (SHRENIK) is currently trading at 0.31 per share. Stock prices fluctuate during market hours on NSE and BSE based on demand, company updates, and overall market conditions. Refer to the live price chart above for the most recent price movement.

Shrenik Limited is a trading and processing company specializing in various kinds of paper, pulp, and paper boards. Their offerings include products like copier paper, Maplitho, coated paper, FBB board, and the Royal Executive Bond. Originally a proprietary firm, Shrenik Ltd underwent several transitions, from a partnership firm to a private limited company and finally to a public limited entity in 2017. The company is a wholesale distributor for key players in the paper industry, including Tamil Nadu Newsprint and Papers Limited, and Asia Pulp and Paper in specific regions. Shrenik Limited has its own brand, 'Shrenik', adding to its range of paper product offerings, enhancing its market presence and brand recognition.

Over the past 52 weeks, Shrenik Ltd has traded between a low of ₹0.30 and a high of ₹0.65. The 52-week high and low indicate the stock’s price range over the last year and help investors understand its volatility and recent trading levels.

Shrenik Ltd has a market capitalization of approximately 18.97. Market capitalization represents the total value of a company’s outstanding shares and helps investors understand its size, stability, and relative risk compared to other listed companies.

Shrenik Ltd’s investment profile depends on its business fundamentals, valuation, and long-term outlook. The stock currently trades at a PE ratio of 316.17 and operates in the its sector sector. Investors typically assess financial performance, growth prospects, and individual risk tolerance before making investment decisions.

Based on its market capitalization of 18.97 Cr, Shrenik Ltd is classified as a Small Cap stock. Large-cap stocks are generally more stable, while mid-cap and small-cap stocks tend to offer higher growth potential along with higher price volatility.

Shrenik Ltd operates in the its sector sector. Sector classification matters because companies in the same sector are often affected by similar economic conditions, regulatory changes, and competitive dynamics, which can influence overall stock performance.

The Price-to-Earnings (PE) ratio of Shrenik Ltd is 316.17. The PE ratio compares a company’s share price to its earnings and is commonly used to assess valuation. Comparing the PE ratio with sector peers and historical levels provides better context.

No, the Union Budget 2026 did not contain any direct announcements, such as PLI schemes or specific tax cuts, for the paper and pulp industry. The benefits for companies like Shrenik Ltd are primarily indirect.