Sharika Enterprises surges on getting LoI worth Rs 12.33 crore
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Sharika Enterprises is currently trading at Rs. 9.25, up by 0.24 points or 2.66% from its previous closing of Rs. 9.01 on the BSE.
The scrip opened at Rs. 9.46 and has touched a high and low of Rs. 9.46 and Rs. 9.00 respectively. So far 33438 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 16.99 on 05-Jul-2021 and a 52 week low of Rs. 6.20 on 09-Feb-2021.
Last one week high and low of the scrip stood at Rs. 9.63 and Rs. 8.70 respectively. The current market cap of the company is Rs. 40.01 crore.
The promoters holding in the company stood at 55.16%, while Non-Institutions held 44.84%.
Sharika Enterprises has received Letter of Intent (LoI) for 1 MW from Punjab Energy Development Agency for Design, Manufacture, Supply, Erection, Testing and Commissioning including Warranty and Maintenance for 5 year of Off-Grid SPV Power Plants, amounting Rs 12.33 crore Including Taxes.
Sharika Enterprises operate in the infrastructure sphere in India focusing on the power sector and work with international and Indian power equipment manufacturers and involved in project management/EPC contractors.
