{"id":141527,"date":"2024-12-26T17:21:41","date_gmt":"2024-12-26T11:51:41","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=141527"},"modified":"2024-12-26T17:21:44","modified_gmt":"2024-12-26T11:51:44","slug":"stock-under-50-in-focus-after-receiving-orders-worth-8-cr-from-jsw-group","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-under-50-in-focus-after-receiving-orders-worth-8-cr-from-jsw-group\/","title":{"rendered":"Stock under \u20b950\u00a0in focus after receiving orders worth \u20b98 Cr from JSW Group"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-3087555437\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>In Thursday\u2019s trading session, the shares of one of the prominent Indian companies specialised in the supply and installation of electrical systems stock in focus upon receiving work orders worth Rs. 8.29 Crores from JSW Renew Energy (Kar) Limited and JSW Renew Energy Three Limited.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1378244889\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Price action<\/strong><\/h2><p>With a market capitalization of 77.42 Crores on Thursday, the shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/540786\" target=\"_blank\" rel=\"noreferrer noopener\">Sharika Enterprises Limited<\/a><\/strong> declined by 4.5 percent making a high of Rs 18.47 compared to its previous closing price of Rs 17.88.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What happened<\/strong><\/h2><p>Sharika Enterprises Limited specializes in the supply and installation of electrical systems, including underground cables and other critical infrastructure components.<\/p><p>The company has received new work orders from JSW Renew Energy (Kar) Limited, located in Karnataka, and JSW Renew Energy Three Limited, located in Maharashtra, for a total of Rs. 8.29 crore.<\/p><div class=\"trade-content_5\" id=\"trade-2591316943\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>Sharika Enterprises Limited has secured significant orders for the supply and installation of underground cables across two major projects. These include the installation and commissioning of underground cables, as well as the supply and installation of underground cables at both the Kudaligi project in Karnataka and the Lohara project in Maharashtra.<\/p><p>The total value of the orders amounts to Rs. 8.29 crore, with individual order values as follows: Rs. 1.12 crore for the Kudaligi project (installation), Rs. 3.05 crore for the Kudaligi project (supply), Rs. 2.99 crore for the Lohara project (supply), and Rs. 1.12 crore for the Lohara project (installation).<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About the company<\/strong><\/h2><p>Sharika Enterprises Limited is a dynamic company that provides comprehensive solutions in the field of infrastructure and construction. The company specializes in the supply and installation of electrical systems, including underground cables and other critical infrastructure components<\/p><p>Sharika Enterprises Limited has established a strong presence in the market by executing large-scale projects across various sectors, including energy and utilities. With a focus on quality, timely delivery, and customer satisfaction, the company has earned a reputation for reliability and efficiency.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials&nbsp;<\/strong><\/h2><p>The company&#8217;s revenue rose&nbsp; by 111 percent from Rs 11.61 crore to Rs 24.51 crore in Q2FY24-25. Meanwhile, Net loss rose from Rs 1.89 crores to Rs 3.06 crore during the same period.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Key Financial ratios<\/strong><\/h2><p>Sharika Enterprises Limited has an Return on Equity (RoE) of&nbsp; 1.5.percent and a Return on Capital Employed (RoCE) of 3.91 percent. Furthermore, the company&#8217;s debt-to-equity ratio is 1.83.<\/p><div class=\"trade-content-10\" id=\"trade-3404974386\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written by Sridhar J<\/strong><\/p><\/blockquote><\/blockquote><\/blockquote><h2 class=\"wp-block-heading\" id=\"h-disclaimer\"><strong>Disclaimer<\/strong><\/h2><div class=\"wp-block-image\"><figure class=\"aligncenter\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on&nbsp;<a href=\"https:\/\/tradebrains.in\/\">tradebrains.in<\/a>&nbsp;are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-after-content\" id=\"trade-3231185377\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>In Thursday\u2019s trading session, the shares of one of the prominent Indian companies specialised in the supply and installation of electrical systems stock in focus upon receiving work orders worth Rs. 8.29 Crores from JSW Renew Energy (Kar) Limited and JSW Renew Energy Three Limited. Price action With a market capitalization of 77.42 Crores on [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":104924,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[14847,25850,948,936,25851],"class_list":["post-141527","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-sharika-enterprises-latest-order","tag-sharika-enterprises-limited","tag-stock-market","tag-stock-market-news","tag-stock-under-50-in-focus"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock under \u20b950\u00a0in focus after receiving orders worth \u20b98 Cr from JSW Group - Trade Brains Features<\/title>\n<meta name=\"description\" content=\"In Thursday\u2019s trading session, the shares of one of the prominent Indian companies specialised in the supply and installation of electrical systems stock in focus upon receiving work orders worth Rs. 8.29 Crores from JSW Renew Energy (Kar) Limited and JSW Renew Energy Three Limited.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/tradebrains.in\/features\/stock-under-50-in-focus-after-receiving-orders-worth-8-cr-from-jsw-group\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stock under \u20b950\u00a0in focus after receiving orders worth \u20b98 Cr from JSW Group\" \/>\n<meta property=\"og:description\" content=\"In Thursday\u2019s trading session, the shares of one of the prominent Indian companies specialised in the supply and installation of electrical systems stock in focus upon receiving work orders worth Rs. 8.29 Crores from JSW Renew Energy (Kar) Limited and JSW Renew Energy Three Limited.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/tradebrains.in\/features\/stock-under-50-in-focus-after-receiving-orders-worth-8-cr-from-jsw-group\/\" \/>\n<meta property=\"og:site_name\" content=\"Trade Brains Features\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/TradeBrainsOfficial\/\" \/>\n<meta property=\"article:published_time\" content=\"2024-12-26T11:51:41+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-12-26T11:51:44+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/07\/market-2.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1280\" \/>\n\t<meta property=\"og:image:height\" content=\"854\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Trade Brains\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:site\" content=\"@TradeBrainsGrp\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Trade Brains\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/tradebrains.in\/features\/stock-under-50-in-focus-after-receiving-orders-worth-8-cr-from-jsw-group\/\",\"url\":\"https:\/\/tradebrains.in\/features\/stock-under-50-in-focus-after-receiving-orders-worth-8-cr-from-jsw-group\/\",\"name\":\"Stock under \u20b950\u00a0in focus after receiving orders worth \u20b98 Cr from JSW Group - 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