Sharika Enterprises is trading at RS. 18.79, rising by 0.94 points or 5.27% from its previous close of RS. 17.85 on the BSE.

The stock opened at RS. 18.32 and touched an intraday high of RS. 19.38 and a low of RS. 17.61. A total of 1,11,574 shares have changed hands so far.

Classified under BSE group 'B', the stock with a face value of RS. 5 has recorded a 52-week high of RS. 32.48 on July 25, 2024, and a 52-week low of RS. 9.61 on May 23, 2024. During the past week, the scrip's high and low were RS. 19.38 and RS. 17.60, respectively. The company currently commands a market capitalization of RS. 82.14 crore.

Promoters hold a 55.16% stake in the company, while non-institutional investors hold the remaining 44.84%.

In a recent development, Sharika Enterprises has received a purchase order from JSW Energy for a consultancy study related to reactive power. The contract, valued at RS. 4 crore, is scheduled for execution by March 31, 2026.

Sharika Enterprises operates in India’s infrastructure sector with a focus on the power industry. The company collaborates with both Indian and international power equipment manufacturers and is actively involved in project management and EPC contracting.