Sharika jumps on foraying into India's rapidly expanding SCADA-ADMS market
Sharika Enterprises is currently trading at Rs. 14.20, up by 0.29 points or 2.08% from its previous closing of Rs. 13.91 on the BSE.
The scrip opened at Rs. 14.60 and has touched a high and low of Rs. 14.60 and Rs. 13.56 respectively. So far 29477 shares were traded on the counter.
The BSE group 'B' stock of face value Rs. 5 has touched a 52 week high of Rs. 20.99 on 28-Jul-2025 and a 52 week low of Rs. 8.26 on 30-Mar-2026.
Last one week high and low of the scrip stood at Rs. 14.60 and Rs. 11.35 respectively. The current market cap of the company is Rs. 61.49 crore.
The promoters holding in the company stood at 55.16%, while Non-Institutions held 44.84% stake in the company.
Sharika Enterprises has secured a subcontract for the deployment of an Advanced Distribution Management System (ADMS) under Uttarakhand Power Corporation's flagship Ganga Corridor power distribution modernization project. The project is being executed under the Government of India's Revamped Distribution Sector Scheme (RDSS) through East India Udyog (EIUL), the lead contractor.
The project spans the important urban centres of Dehradun, Haridwar, and Rishikesh, and is aimed at transforming the region's power distribution network through the implementation of an integrated SCADA-ADMS platform, combining Supervisory Control and Data Acquisition (SCADA), Distribution Management System (DMS), and Outage Management System (OMS) functionalities.
The project marks the company’s strategic entry into India's rapidly expanding SCADA-ADMS market, a critical segment driving the digital transformation of the country's power distribution sector. Leveraging advanced grid automation and intelligent network management technologies, the company will contribute to building a smarter, more resilient, and highly responsive electricity distribution ecosystem.
