Sharika Enterprises touches roof on bourses

Sharika Enterprises is currently trading at its upper circuit limit of Rs. 25.35, up by 1.20 points or 4.97% from its previous closing of Rs. 24.15 on the BSE.

Sharika Enterprises
Sharika Enterprises

The scrip opened at Rs. 25.35 and has touched a high and low of Rs. 25.35 and Rs. 25.35 respectively. So far 219042 shares were traded on the counter.

The BSE group ‘T’ stock of face value Rs. 5 has touched a 52 week high of Rs. 25.35 on 27-Jan-2022 and a 52 week low of Rs. 6.20 on 09-Feb-2021.

Sharika Enterprises Last one week high and low of the scrip stood at Rs. 25.35 and Rs. 20.87 respectively. The current market cap of the company is Rs. 104.57 crore.

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

Sharika Enterprises has signed a contract agreement with Punjab Energy Development Agency (PEDA) on January 21, 2022 for supply, installation and commissioning of 3 MW of Off-Grid Solar Power Plants in Bathinda Town for a total value of Rs 40 crore Including Taxes and annual maintenance charges for 5 years.

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.