Introduction:
Leading energy digitalization company has partnered with Russian engineering pioneer ENS to enhance India’s power infrastructure. This strategic alliance focuses on advanced grid protection and monitoring solutions, ensuring improved reliability, safety, and efficiency in the country’s electrical networks.
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Share price movement of Sharika Enterprises:
On March 20, 2025, Sharika Enterprises Ltd. opened at ₹18.45, up 4.06% from its previous close of ₹17.73. The stock reached a high of ₹18.45 (4.06%) and a low of ₹17.78. By 12:27 PM, it traded at ₹17.95, a 1.24% increase, with a market cap of ₹77.72 crore.
Sharika Enterprises Partners with Russian ENS:
In a strategic move to enhance India’s power infrastructure, Sharika Enterprises Limited has signed an MoU with Russian engineering leader Engineering Center Energoservice (ENS). This partnership aims to digitalize power systems, improving grid reliability and safety across the country.
The agreement grants Sharika Enterprises exclusive rights to market and distribute ENS’s advanced power system monitoring and automation solutions in India. These cutting-edge technologies include grid protection and transformer condition monitoring, ensuring improved efficiency and stability in the nation’s electrical networks.
With ENS’s expertise in power system measurement and monitoring, this collaboration is set to modernize India’s energy sector. Sharika Enterprises continues to expand its role in digitalizing energy infrastructure, reinforcing its commitment to innovation and sustainable development in power systems.
Stock performance of Sharika Enterprises for Period of 1 week, 6 months, and 1 year:
Sharika Enterprises Limited’s stock gained 2.13% in a week, showing short-term growth. However, it declined 16.4% over six months. Despite this, it delivered an impressive 85.6% return over the past year, highlighting strong long-term performance and investor confidence.
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Shareholding pattern of Sharika Enterprises:
Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
Promoter | 55.20% | 55.20% | 55.20% |
FII | 0% | 0% | 0% |
DII | 0% | 0% | 0.00% |
Public | 44.80% | 44.80% | 44.80% |
About Sharika Enterprises:
Sharika Enterprises Ltd. (BSE: 540786) specializes in power transmission, smart grids, and renewable energy, offering advanced solutions in EHV cables, SCADA, and solar projects. With global partnerships, it delivers innovative, sustainable technologies for India’s evolving power sector.
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.