Hazoor Multi Projects Limited (HMPL), a small-cap stock trading under ₹50, has caught the attention of investors after securing a major ₹102.10 crore order. Here’s a simple breakdown of what’s happening and why this stock is in the spotlight.
The company shared this news in a filing with the stock exchange, saying, “We are happy to inform you that Hazoor Multi Projects has been awarded a work order by Venkatesh Infra Projects for steel-related work at the Versova Bandra Sea Link project site in Mumbai.”
The project is set to be completed within six months. This order is a big win for the company and shows its strength in handling large infrastructure projects.
The stock has been a star performer in the past, giving investors a massive 26,600% return over the last five years. However, it has faced some challenges recently, with a 1.36% drop in the last year and a 20% decline in 2025 so far.
The shares reached a 52-week high of ₹63.90 on September 12, 2024, and a 52-week low of ₹28.41 on March 28, 2024. As of February 21, the company’s market value was ₹886.03 crore.
Disclaimer: The views and recommendations mentioned above are those of individual analysts, experts, and broking companies, and do not reflect our stance or opinion. We strongly advise investors to consult certified financial experts or advisors before making any investment decisions. Investing in the stock market involves risks, and it is essential to conduct thorough research and analysis before taking any action.
Hazoor Multi Projects Wins Big Order for Mumbai’s Versova Bandra Sea Link
On February 21, Hazoor Multi Projects announced that it has received a work order worth ₹102.10 crore from Venkatesh Infra Projects Pvt. Ltd. The project involves cutting, bending, and fixing reinforced steel, as well as fabricating structural steel for the Versova Bandra Sea Link in Mumbai.The company shared this news in a filing with the stock exchange, saying, “We are happy to inform you that Hazoor Multi Projects has been awarded a work order by Venkatesh Infra Projects for steel-related work at the Versova Bandra Sea Link project site in Mumbai.”
The project is set to be completed within six months. This order is a big win for the company and shows its strength in handling large infrastructure projects.
Expanding into Green Energy
Earlier this year, on January 27, Hazoor Multi Projects announced plans to enter the green energy sector. The company aims to build Maharashtra’s first solar park, which is a step toward sustainable energy solutions. This move could open new opportunities for growth in the future.How Has the Stock Performed?
Hazoor Multi Projects’ shares closed 1.81% higher at ₹42.70 on February 21, compared to the previous close of ₹41.94. The company shared the news about the new order after the market closed, so investors will likely react when trading resumes on February 24.The stock has been a star performer in the past, giving investors a massive 26,600% return over the last five years. However, it has faced some challenges recently, with a 1.36% drop in the last year and a 20% decline in 2025 so far.
The shares reached a 52-week high of ₹63.90 on September 12, 2024, and a 52-week low of ₹28.41 on March 28, 2024. As of February 21, the company’s market value was ₹886.03 crore.
Why Is This Stock Important?
- Big Order: The ₹102 crore order for the Versova Bandra Sea Link project shows the company’s ability to handle large infrastructure projects.
- Green Energy Plans: The move into solar energy could bring new growth opportunities.
- Past Performance: The stock’s incredible 26,600% rally in five years shows its potential, though recent performance has been mixed.
What Should Investors Do?
While Hazoor Multi Projects has a strong track record, investors should be cautious. Small-cap stocks can be volatile, and it’s important to do your own research before investing. Look at the company’s financial health, market conditions, and future plans before making any decisions.Disclaimer: The views and recommendations mentioned above are those of individual analysts, experts, and broking companies, and do not reflect our stance or opinion. We strongly advise investors to consult certified financial experts or advisors before making any investment decisions. Investing in the stock market involves risks, and it is essential to conduct thorough research and analysis before taking any action.