Penny Stock Under Rs 20: Solar & Cable Company Bags Orders Worth Rs 1,10,42,717.08 from LS Cable India Pvt Ltd & NTPC Ltd
DSIJ Intelligence-1 / 01 Oct 2025/ Categories: Multibaggers, Penny Stocks, Trending
The stock is up by 34 per cent from its 52-week low of Rs 12.05 per share.
Sharika Enterprises Limited has successfully bagged two new domestic orders with a combined value of Rs 1,10,42,717.08 from two major clients: LS Cable India Private Limited and NTPC Limited. The first order, valued at Rs 68,19,617.08, was awarded by LS Cable India Private Limited for the supply of cable accessories suitable for 220 kV EHV Cable systems. This contract is a pure supply order and is required to be executed within a timeframe of six months.
The second significant order, received from NTPC Limited, is a Supply and Service order worth Rs 42,23,100/−. This contract involves the supply, installation, and subsequent Operation & Maintenance (O&M) of a 30 kWp Roof Top Hybrid Solar Plant to be set up at the Angul Collector Office in Angul. The installation and commissioning period for the plant is nine months, which will be followed by a five-year Annual O&M contract, highlighting the long-term service nature of this particular engagement.
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About Sharika Enterprises Ltd
Sharika Enterprises Ltd, boasting a rich legacy of decades in the power sector with expertise in transmission and distribution, is committed to driving innovation and ushering in a transformative era in the industry. Their visionary goal is to evolve the sector into a futuristic 'Smart Grid,' harnessing state-of-the-art technologies and sustainable solutions. The company has also made remarkable strides in the solar power sector. Actively collaborating with governmental bodies, PSUs, schools, private sectors, and more, Sharika Enterprises has successfully implemented a large number of solar PV projects in the last 4-5 years.
Their portfolio includes a range of pioneering solar solutions such as Grid-connected solar PV Systems, Off-Grid Solutions, Hybrid Solutions with Battery Backup, Battery Energy Storage Systems, EV Charging Systems, Micro Grids, Real-Time Monitoring of solar Plants and Solar Street Lights. The company has a market cap of Rs 69 crore. The stock is up by 34 per cent from its 52-week low of Rs 12.05 per share.
Disclaimer: The article is for informational purposes only and not investment advice.