Sharat Industries Ltd
SHAR

Sharat Industries Ltd (SHARTSEFOD)

₹50.54.27%

Key Stats

₹50.5
Day's Price Range
₹52.9
₹24.85
52-Week Price Range
₹73.05
1 Month Return0.95 %
3 Month Return-9.83 %
1 Year Return74.95 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

PE
Rank 98
EPS
Rank 53
₹1.52
BVPS
Rank 126
Dividend Yield
Rank 37
ROE
Rank 99
4.59%
Price To Book Ratio
Rank 76
Debt To Asset
Rank 125

Company Information

Sharat Industries Ltd. formerly known as Sharat Seafoods 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.Engaged in acquaculture the companys 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 buyback 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 19992000 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.
OrganisationSharat Industries Ltd
HeadquartersNellore
IndustryMiscellaneous