This small-cap stock below ₹100 to be in focus tomorrow after ₹67-crore NHAI order. Do you own any? | Stock Market News
Small-cap stock below ₹100: Hazoor Multi Projects Ltd, on Tuesday, February 4, announced that the company received an order from the state-owned National Highways Authority of India (NHAI).
“We are pleased to inform that Letter of Acceptance (LOA) has been awarded to M/s Hazoor Multi Projects Limited, received from National Highways Authority of India for acting as user fee collection agency on the basis of competitive bidding through e-tender at Hulikunte Fee Plaza at Ch.12.300 for use of four Laning from km 0.00 to km 42.00 of Dobaspet to Dodaballapur Bypass section of NH648 (old NH-207) in the State of Karnataka and upkeep/ maintenance of adjacent toilet blocks including recouping the consumable items,” the company said in an exchange filling.
According to the BSE filing data, the contract is valued at ₹67.16 crore.
On January 27, Hazoor Multi Projects also announced its plan to enter the renewable energy business and develop Maharashtra‘s first solar park.
Hazoor Multi Projects Share Price
Hazoor Multi Projects Limited shares closed 0.19 per cent lower at ₹52.45 in Tuesday’s trading session, compared to ₹52.55 at the previous market close.
According to data collected from the BSE website, shares of Hazoor Multi Projects hit their 52-week high at ₹63.90 on September 12, 2024, and the 52-week low at ₹28.41 on March 28, 2024. The market capitalisation of Hazoor Multi Projects was ₹1,088.35 crore as of February 4.
Hazoor Multi Project shares have given investors over 32,000 per cent returns in the last five years and nearly 45 per cent returns in the last one year. However, the stock is trading 1.83 per cent lower on a year-to-date (YTD) basis.
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