Sharika Enterprises soars after bagging Rs 25-cr order

The company will supply 2000 KM Optical Ground Wire (OPGW) (48 Fiber) to LS Cable India. The order is expected to be executed in the next six months. The order is worth Rs 24,69,48,700.

Sharika Enterprises' current market capitalisation on the BSE stands at Rs 28.15 crore.

Sharika Enterprises provides Engineering Procurement Construction (EPC) services, specializing in the power generation, transmission, and distribution sector. It offers a range of services including designing and installing solar power plants, power transmission EHV cables, and energy management systems.

Sharika Enterprises reported net loss of Rs 0.18 crore in Q3 December 2022 as against net profit of Rs 0.95 crore in Q3 December 2021. Net sales rose 91.22% year-on-year to Rs 17.86 crore in Q3 December 2022.

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