Latest news with #HazoorMultiProjects
Mint
3 days ago
- Business
- Mint
Small-cap stock under ₹50 jumps over 4% despite weak Indian markets; here's why
Stock Market Today: Small-cap stock under ₹ 50 gained over 4% during intraday trades on Tuesday despite weak Indian markets. Check here what's driving gains for Hazoor Multi Projects Limited. Through a competitive Swiss Challenge bidding procedure, Hazoor Multi Projects Ltd. (HMPL), one of India's fast-growing engineering and infrastructure companies, on 5 August 2025, announced the acquisition of Quippo Oil & Gas Infrastructure Ltd. (Quippo). By reaching this milestone, Hazoor Multi Projects formally enters the upstream oil and gas industry in India, focusing on offshore services. This marks the beginning of a new era of expansion, diversification, and long-term development. The acquisition, which was accomplished through a subsidiary, signifies more than just a change in strategy; it also illustrates HMPL's transformation from a top-performing infrastructure EPC business to a diverse platform that can provide services across high-barrier, capital-intensive industries. It's a daring decision that is in line with national energy priorities and based on market facts. Small-cap stock under ₹ 50: Hazoor Multi Projects share price opened at ₹ 46.28 on the BSE on Tuesday. At the time of opening, the Hazoor Multi Project share price had seen slight gains when compared to Monday's closing price of ₹ 46. Following that, the price of the Hazoor Multi Project share rose to intraday highs of ₹ 47.98, representing gains of over 4% in intraday trading. Even though the Indian stock market had seen a sell-off when the benchmark S&P BSE Sensex fell more than 0.4% during intraday trading, Hazoor Multi Projects' share price increased during the intraday trades. The Hazoor Multi Projects share price that was trading at ₹ 12-13 levels at the start of August 2023 has risen manifold and hence given multibagger returns to the investors. The Hazoor Multi Projects share price is up almost 42000% in the last 5 years.
Mint
3 days ago
- Business
- Mint
Small-cap stock under ₹50 jumps over 4% despite weak Indian markets; here's why
Stock Market Today: Small-cap stock under ₹ 50 gained over 4% during intraday trades on Tuesday despite weak Indian markets. Check here what's driving gains for Hazoor Multi Projects Limited. Through a competitive Swiss Challenge bidding procedure, Hazoor Multi Projects Ltd. (HMPL), one of India's fast-growing engineering and infrastructure companies, on 5 August 2025, announced the acquisition of Quippo Oil & Gas Infrastructure Ltd. (Quippo). By reaching this milestone, Hazoor Multi Projects formally enters the upstream oil and gas industry in India, focusing on offshore services. This marks the beginning of a new era of expansion, diversification, and long-term development. The acquisition, which was accomplished through a subsidiary, signifies more than just a change in strategy; it also illustrates HMPL's transformation from a top-performing infrastructure EPC business to a diverse platform that can provide services across high-barrier, capital-intensive industries. It's a daring decision that is in line with national energy priorities and based on market facts. Small-cap stock under ₹ 50: Hazoor Multi Projects share price opened at ₹ 46.28 on the BSE on Tuesday. At the time of opening, the Hazoor Multi Project share price had seen slight gains when compared to Monday's closing price of ₹ 46. Following that, the price of the Hazoor Multi Project share rose to intraday highs of ₹ 47.98, representing gains of over 4% in intraday trading. Even though the Indian stock market had seen a sell-off when the benchmark S&P BSE Sensex fell more than 0.4% during intraday trading, Hazoor Multi Projects' share price increased during the intraday trades. The Hazoor Multi Projects share price that was trading at ₹ 12-13 levels at the start of August 2023 has risen manifold and hence given multibagger returns to the investors. The Hazoor Multi Projects share price is up almost 42000% in the last 5 years. Disclaimer: The views and recommendations above are those of individual analysts or brokerage companies, not Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
09-07-2025
- Business
- Mint
Multibagger stock that has surged 36,800% in five years rebounds from today's low; here's why
Stock Market Today: A multibagger stock that has surged 36,800% in five years has rebounded from today's low. The outcome of the fundraising committee meeting was announced by Hazoor Multi Projects. The multibagger stock Hazoor Multi Projects fundraising committee meeting was held on Tuesday, July 08, 2025. The update of the fundraising committee meeting was announced by multibagger stock Hazoor Multi Project on the exchange. The fundraising committee updates were with respect to the allotment of 4,212,000 equity shares consequent to the conversion of warrants of the company. Hazoor Multi Project informed the investors through intimation on the exchange, saying that the fundraising committee of the company at their meeting held on Tuesday, 08th July, 2025, inter alia, considered and approved the allotment of 4,212,000 equity shares having a face value of Re. 1/- each. The allotment of the 4,212,000 equity shares is at an issue price of Rs. 30/- each (including a premium of Rs. 29/- each). The same was consequent upon the conversion of 421,200 warrants issued at an issue price of Rs. 300 each, after adjusting the number of shares, paid-up capital per share, and premium per share post subdivision of the nominal value of the equity share of the company from 1 equity share of Rs. 10/- each to 10 equity shares of Rs. 1/- each, to the person belonging to the 'Non-Promoters/Public Category' on a preferential basis. The conversion was done upon receiving the remaining sum of Rs. 94,770,000/- (Rupees Nine Crore Forty-Seven Lakh Seventy-Thousand only) at the rate of Rs. 225/- per warrant (i.e., 75% of the issue price per warrant); the 421,200 warrants issued at an Issue Price of Rs. 300 each were converted to the person belonging to the "Non-Promoters/Public Category" on a preferential basis after the number of shares, The Hazoor Multi Projects was ₹ 44.39 on the BSE on Wednesday. Hazoor Multi Projects share price at the time of opening was higher than the previous day's closing price of ₹ 44.02. Hazoor Multi Projects share price thereafter, though, dipped to intraday lows of ₹ 42.90 with the volatility in the market but rebounded well to ₹ 44 levels. Hazoor Multi Projects share price, having risen almost 36,800% in five years, has given multibagger returns to the investors. The Hazoor Multi Projects, though, is trading lower compared to 52-week high of ₹ 63.90 in September 2024; however, it currently has rebounded well from the 52-week low of ₹ 32 seen in March 2025. Disclaimer: The views and recommendations made above are those of individual analysts or broking companies and not of Mint. We advise investors to check with certified experts before making any investment decisions.
Mint
07-07-2025
- Business
- Mint
Multibagger small-cap stock to be in focus tomorrow after THIS reply to exchange on ₹913 crore solar project
Multibagger small-cap stock: Hazoor Multi Projects will be in focus of the stock market investors on Tuesday, 8 July 2025, after the company submitted a response to the exchanges on its ₹ 913 crore solar project order book update. The real estate development company said that it will arrange the 'necessary financing' for the project. 'Regarding the letter of award to Hazoor Multi Projects Ltd from Apollo Green Energy Limited (AGEL) for NHPC -200 MW, Engineering, Procurement & Construction (EPC) Contract for Design, Engineering, Supply, Construction, Erection, Testing, and Commissioning of 200 MW Grid connected Solar PV Power Project in GSECL's RE Solar Park at Khavda (Stage-3) in Gujarat, we wish to informand clarify the stock exchange that the Company will arrange necessary financing for the above project value of ₹ 913 crore,' the company informed BSE in an exchange filing. The company also disclosed that, as per the original exchange filing, Hazoor Multi Project was set to share 5% of the contract value with AGEL. However, now AGEL mentions that they will share 5% of the contract value in lieu of financing the project. Hazoor Multi Projects share price closed 15.40% higher at ₹ 45.78 after Monday's stock market session, compared to ₹ 39.67 at the previous market close. The company filed its clarification with the stock exchanges after market operational hours on 7 July 2025. Shares of the real estate development firm have given stock market investors more than 38,000% returns on their investment in the last five years and over 34% returns in the last one-year period. On a year-to-date (YTD) basis, the shares of Hazoor Multi Projects have lost 14.32% in 2025, but are trading 17.41% higher in the last five trading sessions on the Indian stock market. Hazoor Multi Projects shares hit their 52-week high at ₹ 63.90 on 12 September 2024, while the 52-week low level was at ₹ 32 on 3 February 2025, according to the data collected from BSE. The company's market capitalisation (M-Cap) was at ₹ 999.19 crore as of the stock market close on Monday, 7 July 2025. Read all stories by Anubhav Mukherjee
Mint
07-07-2025
- Business
- Mint
Multibagger small-cap stock to be in focus tomorrow after THIS reply to exchange on ₹913 crore solar project
Multibagger small-cap stock: Hazoor Multi Projects will be in focus of the stock market investors on Tuesday, 8 July 2025, after the company submitted a response to the exchanges on its ₹ 913 crore solar project order book update. The real estate development company said that it will arrange the 'necessary financing' for the project. 'Regarding the letter of award to Hazoor Multi Projects Ltd from Apollo Green Energy Limited (AGEL) for NHPC -200 MW, Engineering, Procurement & Construction (EPC) Contract for Design, Engineering, Supply, Construction, Erection, Testing, and Commissioning of 200 MW Grid connected Solar PV Power Project in GSECL's RE Solar Park at Khavda (Stage-3) in Gujarat, we wish to informand clarify the stock exchange that the Company will arrange necessary financing for the above project value of ₹ 913 crore,' the company informed BSE in an exchange filing. The company also disclosed that, as per the original exchange filing, Hazoor Multi Project was set to share 5% of the contract value with AGEL. However, now AGEL mentions that they will share 5% of the contract value in lieu of financing the project. Hazoor Multi Projects share price closed 15.40% higher at ₹ 45.78 after Monday's stock market session, compared to ₹ 39.67 at the previous market close. The company filed its clarification with the stock exchanges after market operational hours on 7 July 2025. Shares of the real estate development firm have given stock market investors more than 38,000% returns on their investment in the last five years and over 34% returns in the last one-year period. On a year-to-date (YTD) basis, the shares of Hazoor Multi Projects have lost 14.32% in 2025, but are trading 17.41% higher in the last five trading sessions on the Indian stock market. Hazoor Multi Projects shares hit their 52-week high at ₹ 63.90 on 12 September 2024, while the 52-week low level was at ₹ 32 on 3 February 2025, according to the data collected from BSE. The company's market capitalisation (M-Cap) was at ₹ 999.19 crore as of the stock market close on Monday, 7 July 2025. Read all stories by Anubhav Mukherjee Disclaimer: This story is for educational purposes only. The views and recommendations above are those of individual analysts or broking companies, not Mint. We advise investors to check with certified experts before making any investment decisions, as market conditions can change rapidly, and circumstances may vary.
