Intimation of Receipt of Order from LS Cable India Private Limited
Price
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Awaiting price reaction for this filing.
Sharika Enterprises Ltd has received a purchase order from LS Cable India Private Limited for the supply of 24F OPGW (Optical Ground Wire, a cable used in power transmission lines). The order is valued at Rs. 1,13,52,000 (about Rs. 1.14 crore) and must be completed within 4 weeks. The contract has been awarded by a domestic entity and is not a related-party transaction. No promoter or group company has any interest in LS Cable India.
This is a modest new order that adds to the company's order book but is unlikely to be a major stock-moving event on its own. It signals continued business activity with LS Cable, a known industry player, which is mildly positive for revenue visibility in the near term.