Sharika Enterprises is currently trading at Rs. 51.00, up by 0.45 points or 0.89% from its previous closing of Rs. 50.55 on the BSE.
The scrip opened at Rs. 54.30 and has touched a high and low of Rs. 54.30 and Rs. 51.00 respectively. So far 51000 shares were traded on the counter.
The BSE group 'M' stock of face value Rs. 10 has touched a 52 week high of Rs. 64.80 on 04-Dec-2017 and a 52 week low of Rs. 42.75 on 20-Mar-2018.
Last one week high and low of the scrip stood at Rs. 59.50 and Rs. 42.75 respectively. The current market cap of the company is Rs. 55.21 crore.
The promoters holding in the company stood at 78.57%, while the Non-Institutions held 21.43% stake in the company.
Sharika Enterprises has received a Letter of Award worth around Rs 6 crore for Designing, Engineering, Testing, Commissioning and Supply of Fault Passage Indicator (FPI) and Fault Sensing Indicator (FSI) from one of major public utility company.
The system is expected to bring down restoration time up-to 70% due to fault in the power distribution line. The project will be executed by Sharika's Energy Management Services (EMS) Division in close co-ordination with Schneider Electric Infrastructure.
Sharika Enterprises is engaged in Engineering Procurement Construction (EPC) contracts, specialized assembling, trading activities, Erection Services, representation services to majorly power Generation, Transmission and Distribution sector.
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