24 Feb 2025

Hazoor Multi Projects Gains 2.81% on BSE; Secures Rs 102.10 Crore Work Order

Hazoor Multi Projects is currently trading at RS 43.90, up by 1.20 points or 2.81% from its previous closing of RS 42.70 on the BSE.

The stock opened at RS 44.00 and recorded a high of RS 44.85 and a low of RS 43.50. A total of 16,012 shares have been traded so far.

The BSE group 'X' stock, with a face value of RS 1, reached a 52-week high of RS 63.90 on September 12, 2024, and a 52-week low of RS 28.41 on March 28, 2024. Over the past week, the stock's high and low stood at RS 46.00 and RS 39.00, respectively. The company's current market capitalization is RS 934.14 crore.

Promoter holding in the company stands at 19.82%, while institutions and non-institutions hold 20.86% and 59.32%, respectively.

In a key development, Hazoor Multi Projects has received a work order from Venkatesh Infra Projects for reinforcement steel cutting, bending, fixing as per technical drawings, and fabricating structural steel for bridge construction at the Versova Bandra Sea Link Project Site in Mumbai. The project is valued at RS 102.10 crore and is expected to be completed within six months.

Hazoor Multi Projects is a major player in India's infrastructure sector, specializing in road construction, bridges, flyovers, and other civil engineering projects.