Is Shrenik Limited stock a buy?
What Is The Conclusion?
Right now our advanced algorithms say:
Do the analyst corps agree?
Interesting Questions and Easy Answers!
Yes, Shrenik Limited pays dividends. Last time was Wednesday 28th of October 2020 where the investors holding the stock on Tuesday 8th of September 2020 were paid INR0.0667 per share. Over the last 3 times between 2018 and 2020, Shrenik Limited has paid INR0.4667 with an average of INR0.16 per share.
Sorry, we do not have any analyst data for this ticker
We cannot find data for Shrenik Limited 10 years ago, but if you had invested on Monday 9th of September 2019 when the price was INR7.55, you would have made a loss of INR-6.70 per share or -88.74%
Yes, the average daily trading liquidity for Shrenik Limited is INR2.09 million. You should therefore be able to get in and out of your positions relatively fast.
Shrenik Limited has much of the business financed by loans. This puts the company at high risk in periods of high inflation where borrowing costs usually go up. With a low cash flow to debt ratio of 0.01, the company's ability to pay off the debt is limited. The company is still not profitable, and high inflation will make it harder to become profitable as costs increase and consumer spending decreases.
We have calculated the inflation risk for Shrenik Limited to be high [1 of 1]
US inflation for July 2024 was 0.15%. Over the last 12 months, the US inflation is 2.92%. The 10-year treasury yield that indicates the future interest level is currently 3.72 and is down -0.95 over the last 30 days.