BSESharika Enterprises LtdMediumPositive
Announced Sat, 21 Feb · 13:40 IST

Intimation of Receipt of Order

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Sharika Enterprises Ltd has received a purchase order from LS Cable India Private Limited for the supply of 24F/48F OPGW (Optical Ground Wire) cables, commonly used in power transmission and telecom infrastructure. The order is valued at Rs. 2,12,92,820 (approximately Rs. 2.13 crore) and is a domestic contract with no related party involvement. The company has 4 weeks to execute the order. The promoter group has no interest in LS Cable India, confirming this is an arm's length transaction.

Likely market impact

This is a modest, short-cycle order that adds to the company's order book but is unlikely to be material enough to significantly move the stock. Retail investors should track whether Sharika continues to win repeat orders from LS Cable or similar clients, as consistent order inflows would signal steady business momentum.