Sharika Enterprises is currently trading at Rs. 56.00, up by 6.80 points or 13.82% from its previous closing of Rs. 49.20 on the BSE.
The scrip opened at Rs. 54.95 and has touched a high and low of Rs. 58.85 and Rs. 54.95 respectively. So far 69000 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.
The current market cap of the company is Rs. 62.79 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 Intent (LOI) worth around Rs 40.33 crore for designing, supplying, installation and commissioning of Solar Street Lighting Systems from one of the state government’s renewable energy agency.
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.