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About Sharat Industries Ltd
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Sharat Industries Ltd.,(Formerly known as Sharat Seafoods Limited)was incorporated on 7 May `90 and became public in 1992. It was promoted by S Prasad Reddy, Smt S Devaku and Top Fortune International, Singapore. In initial years, the Company cultured and processed Black Tiger shrimp before eventually producing Scampi shrimp. At a time when the aquaculture industry was at an all time low, owing to the failure of black tiger and scampi culture, the Company gave a new lease of life to the industry by introducing Vannamei breeding and culture in the country. Engaged in acquaculture, the company`s products are processed prawn, quality hatched seed and feed. Processed shrimps are marketed as individually quick frozen shrimps, cooked individually quick frozen shrimps and contact frozen shrimps.The company has a collaboration and a buy-back agreement with High Won Fishery Development Corporation, Singapore. The civil works for the Processing Plant are complete and the necessary machinery has been imported during the year. The commissioning of the Processing Plant was delayed due to adverse conditions of the Aqua industry. The equipment for the Feed Mill has been completed. Company has taken several steps to prevent the virus effecting to crop such as cholorinating the water before being pumped into the ponds, which giving good results and also expected a good yield in the future. Company has become a sick industrial company, therefore directors have refered to BIFR to determine the measures for rehabilitation of the Company but was rejected by the same and hence, for the current year 1999-2000 due to the accumulated lossess the company is making a fresh reference to BIFR.IFCI has been appointed as the operating agency by the Board.
Sharat Industries share price as on 17 May 2025 is Rs. 102.99. Over the past 6 months, the Sharat Industries share price has increased by 84.14% and in the last one year, it has increased by 110.18%. The 52-week low for Sharat Industries share price was Rs. 41 and 52-week high was Rs. 103.9.
519397
SHARTSEFOD
INE220Z01013
Sep
Sharat Industries Ltd FAQs
You can buy Sharat Industries Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sharat Industries Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of May 16, 2025 04:01 PM the closing price of Sharat Industries Ltd was Rs.102.99.
The latest PE ratio of Sharat Industries Ltd as of May 16, 2025 04:01 PM is 38.24
The latest PB ratio of Sharat Industries Ltd as of May 16, 2025 04:01 PM is 0.30
The 52-week high of Sharat Industries Ltd share price is Rs. 103.90 while the 52-week low is Rs. 41.00
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of May 16, 2025 04:01 PM, the market cap of Sharat Industries Ltd stood at Rs. 406.36 Cr.
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