24-04-2024 04:05 PM | Source: Accord Fintech
Sharika Enterprises touches roof on receiving Turnkey project from UPPTCL

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Sharika Enterprises is currently trading at its upper limit of Rs. 9.07, up by 0.17 points or 1.91% from its previous closing of Rs. 8.90 on the BSE.

The scrip opened at Rs. 9.07 and has touched a high and low of Rs. 9.07 and Rs. 9.07 respectively. So far 61130 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. 4.91 on 27-Apr-2023.

Last one week high and low of the scrip stood at Rs. 9.07 and Rs. 8.56 respectively. The current market cap of the company is Rs. 39.27 crore.

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

Sharika Enterprises has received a Turnkey project from U.P. Power Transmission Corporation (UPPTCL) for supply and erection of outdoor equipment of 2No, 145 KV Bay at 400 KV S/S. Domestic order is to be executed at Rasara, Ballia, Uttar Pradesh. Broad Consideration of the said order is Rs 2.95 crore. 

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.