Sharika Enterprises: Stock hits 10% upper circuit after receiving order from JSW SteelSharika Enterprises: Stock hits 10% upper circuit after receiving order from JSW Steel

Introduction

Leading power transmission company secures a repeat order for 220kV EHV cable installation at a major steel plant. The project includes supply, installation, testing, and commissioning of high-voltage and auxiliary cables.

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Share price movement of Sharika Enterprises

On September 4, 2025, Sharika Enterprises Ltd opened at ₹19.36, up 8.39% from its previous close of ₹17.86. The stock reached a high of ₹19.64 and a low of ₹19.09. By 1:58 PM, it traded at ₹19.64, a 9.97% increase, with a market cap of ₹85.04 crore.

Sharika Enterprises Secures Repeat Order from JSW Steel

Sharika Enterprises Limited has secured a repeat order from JSW Steel Limited for 220kV EHV cable installation at its Dolvi Plant in Maharashtra. The order follows the successful completion of a previous 4 km project.

The new order covers a 7 km turnkey project. It includes supply, installation, testing, and commissioning of 220kV, 800 sqmm HT cables, along with 33kV cables and necessary accessories. Execution will follow industry standards.

The repeat order reflects JSW Steel’s confidence in Sharika Enterprises. It demonstrates the company’s ability to deliver large-scale infrastructure solutions reliably and on time for one of India’s major steel manufacturing plants.

Stock performance of Sharika Enterprises for Period of 1 week, 6 months, and 1 year

Sharika Enterprises Ltd delivered a 44.3% return over the past week, it declined by 3.35% in the past six months. The stock fell 20.0% over the past year.

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Shareholding pattern of Sharika Enterprises

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	55%	55%	55%
FII	0.00%	0.00%	0.00%
DII	0.00%	0.00%	0.00%
Public	44.80%	44.80%	44.80%

About Sharika Enterprises

Sharika Enterprises Ltd (BSE: 540786), incorporated in 1998, provides EPC, project execution, and consultancy services in the power sector, including EHV cable installation, solar plants, energy management systems, and trading of power equipment and accessories.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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