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Sharika Enterprises Ltd received an order worth ₹54.3 million for solar street lighting systems. The project includes supply, installation, and maintenance, boosting revenues and strengthening its renewable energy portfolio. Analysts see this as a positive step in India’s clean infrastructure drive.
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Sharika Enterprises Ltd announced that it has received a new order worth ₹54.3 million (₹5.43 crore), underscoring its strong momentum in the electrical and renewable energy solutions sector. The order highlights the company’s growing presence in infrastructure-linked projects and its ability to deliver integrated solutions.
Key Highlights
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Order Value: The contract is valued at ₹54.3 million, adding to Sharika’s robust pipeline of projects.
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Scope of Work: The order involves supply, installation, commissioning, and maintenance of integrated solar street lighting systems, reflecting the company’s focus on renewable energy and sustainable infrastructure.
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Strategic Importance: This win strengthens Sharika’s positioning in the clean energy space, aligning with India’s push for green infrastructure and rural electrification.
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Revenue Impact: The company emphasized that the order will contribute positively to its revenue stream in FY26, supporting both top-line growth and operational margins.
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Market Confidence: Analysts view the order as a testament to Sharika’s execution capabilities and its ability to secure government-linked contracts in the renewable energy domain.
This development reinforces Sharika Enterprises’ commitment to sustainable energy solutions and its role in India’s infrastructure modernization.
Sources: EquityBulls
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