01-03-2024 11:44 AM | Source: Accord Fintech
Sharika Enterprises touches roof on planning to enter electrical panels segment

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Sharika Enterprises is currently trading at upper limit of Rs. 11.64, up by 0.55 points or 4.96% from its previous closing of Rs. 11.09 on the BSE.

The scrip opened at Rs. 11.50 and has touched a high and low of Rs. 11.64 and Rs. 11.50 respectively. So far 53165 shares were traded on the counter.

The BSE group 'T' stock of face value Rs. 5 has touched a 52 week high of Rs. 12.97 on 08-Feb-2024 and a 52 week low of Rs. 4.21 on 31-Mar-2023.

Last one week high and low of the scrip stood at Rs. 12.10 and Rs. 10.78 respectively. The current market cap of the company is Rs. 50.40 crore.

The promoters holding in the company stood at 55.16%, while Non-Institutions held 44.84% stake in the company.

Sharika Enterprises (SEL) is planning to enter into the manufacturing of electrical control panels. The company looks forward to revolutionizing the power sector with its efforts. The company's commitment to excellence, coupled with its dedication to customer satisfaction, gives it a distinct competitive edge over its counterparts.

With a strong focus on innovation and customer satisfaction, the company aims to set new benchmarks in all the segments it enters. The company’s capacity to understand the market needs and produce high-quality products accordingly is poised to make it a prominent player in the industry.

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.