Alice Blue Home
URL copied to clipboard

Trending News

Stock under ₹20 jumps 4% after it partners with Russian based company

Prominent energy digitalization company has partnered with Russian ENS to revolutionize India’s power sector. The collaboration introduces advanced grid protection and monitoring solutions, enhancing reliability, efficiency, and safety in the country’s electrical infrastructure.
Low-priced stock soars 4% after partnering with a Russian firm, boosting growth and global collaboration.

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.

Alice Blue Image

Also Read: PSU stock jumps after signing MoU with PWD Nagaland for modular steel bridges

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.

Also Read: Cable stocks fall 9% after Adani Group forays into cables and wires business

Shareholding pattern of Sharika Enterprises:

ParticularsDec 2024Sep 2024Jun 2024
Promoter55.20%55.20%55.20%
FII0%0%0%
DII0%0%0.00%
Public44.80%44.80%44.80%
Alice Blue Image

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.

Loading
Submit the form, and get to know how you scored!!!

Gainers & Losers

Read More News
Telecom equipment stock jumps 8% after reciving order worth ₹700 Lakhs from USA and European Power Utilities

टेलीकॉम इक्विपमेंट स्टॉक 8% चढ़ा, कंपनी को USA और European Power Utilities से ₹700 लाख का ऑर्डर मिलने के बाद।

प्रमुख टेलीकॉम इक्विपमेंट प्रोवाइडर ने USA और European Power Utilities से ₹700 लाख का एक्सपोर्ट ऑर्डर हासिल किया है, जिसमें

Infra stock hits upper circuit after receiving EPC project of elevated road and bridges worth ₹1,060 Cr

इंफ्रा स्टॉक अपर सर्किट पहुंचा, कंपनी को ₹1,060 करोड़ का एलिवेटेड रोड और ब्रिजेज का EPC प्रोजेक्ट मिलने के बाद।

इंफ्रा स्टॉक ने महाराष्ट्र में एलिवेटेड रोड्स और ब्रिजेज के लिए ₹1060 करोड़ का EPC प्रोजेक्ट हासिल किया, जिससे इसका

*T&C apply