Latest news with #HazoorMultiProjectsLimited
Business Upturn
a day ago
- Business
- Business Upturn
Hazoor Multi Projects bags Rs 913 crore solar EPC contract from Apollo Green Energy
By Aman Shukla Published on July 4, 2025, 16:07 IST Hazoor Multi Projects Limited has been awarded a major contract valued at ₹913 crore by Apollo Green Energy Limited (formerly Apollo International Limited). The order pertains to the Engineering, Procurement & Construction (EPC) of a 200 MW grid-connected solar PV power project in Gujarat. As per the regulatory filing made under SEBI's Listing Obligations and Disclosure Requirements (Regulation 30), the project involves the design, engineering, supply, construction, erection, testing, and commissioning of the solar plant. The development will take place at GSECL's Renewable Energy Solar Park located in Khavda (Stage-3), Gujarat. The contract is to be executed by March 2026. Hazoor Multi Projects confirmed that the contract was awarded by a domestic entity and does not involve any related-party transactions. This EPC contract marks a significant step forward in Hazoor Multi Projects' involvement in India's renewable energy infrastructure space, aligning with the country's growing push toward clean energy. Ahmedabad Plane Crash Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
Mint
a day ago
- Business
- Mint
33,000% rally in five years! Multibagger small-cap stock jumps despite flat cues from Indian stock market
Stock Market Today: Multibagger small-cap stock Hazoor Multi Projects Limited, that has risen 33,000% in a five-year rally, adds to gains during the intraday trades on Friday, despite flat cues from Indian stock market Multibagger small-cap stock Hazoor Multi Projects on 3 July 2025 has announced the acquisition of a company. In its release, Hazoor Multi Projects Limited said that it has acquired 51.00% equity shares of Vyom Hydrocarbon Private Limited. The Vyom Hydrocarbons was incorporated to operate in the Oil & gas sector to provide services and onshore drilling. The acquisition is expected to create synergies that support the Company's growth and diversification plans. In line with this strategic direction, the Board of Directors has acquired an existing company, Vyom Hydrocarbon Private Limited, which operates in emerging sectors that are aligned with the Company's long-term strategic objectives and operational strengths. Hazoor Multi projects has acquired the Company as it proposes to expand its business operations to include activities in the Mining and Quarrying sector; the Oil and Gas industry; Extraction of Crude Petroleum and Natural Gas; provision of Oilfield Equipment and Services; Drilling and Consulting services; as well as Trade, Engineering, Procurement, and Construction service, Environmental Engineering and Sustainability initiatives, including but not limited to Waste Management. Vyom Hydrocarbns was incorporated on 11th August, 2023, by way of Share Purchase Agreement. The company was formed with an authorized capital of Rs. 15,00,000/- (Rupees Fifteen Lakhs only) and a subscribed capital of Rs. 2,00,000/- (Rupees Two Lakhs only) and still down not have any turnover Hazoor Multi Projects will acquire the company by way of Share Purchase Agreement (SPA) for a total cash consideration of Rs. 1,02,000/- (Rupees One Lakh Two Thousand Only). Hazoor Multi Projects share price opened with gains on Friday and scaled intraday highs of ₹ 40.47 which transalted into intraday gains of moe than 3% for the Multibagger small-cap stock Hazoor Multi Projects share pric. The Hazoor Multi Projects share price that used to trade at ₹ 3-4 levels in July-August 2022 has given multibagger returns to the investors. The stock has given almost 33000% returns in last five years. 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
25-06-2025
- Business
- Mint
33,500% rally in five years! Multibagger small-cap stock under ₹50 edges higher; here's why
Multibagger small-cap stock: Shares of Hazoor Multi Projects rose on Wednesday's trading session after the company issued 5,27,500 equity shares to two investors, Shilpaben Maheshkumar Shah and Ruturaj Bhalchandra Thakare, through a preferential allotment. These shares, each with a nominal value of Re 1 and an issue price of ₹ 30 (which includes a premium of ₹ 29), were issued following the conversion of 52,750 warrants. These warrants were originally allotted at ₹ 300 each, with 25% paid in advance, allowing the holders to convert them into an equivalent number of equity shares by paying the remaining 75% within 18 months. This conversion, which occurred after a subdivision of the company's equity shares, has boosted HMPL's issued and paid-up capital to ₹ 22,49,61,410, comprising 22,49,61,410 equity shares of Re 1 each, which hold the same rights as the existing shares. There remain 87,99,700 warrants still available for conversion. The Board of Directors of Hazoor Multi Projects Limited (HMPL) has recently sanctioned a major expansion of the company's primary business goals. This strategic decision, evident through new sub-clauses in their Memorandum of Association, enables HMPL to branch out into areas such as Shipbuilding and Engineering, Ship Repair and Maintenance, Maritime Industry, Shipping Logistics and Transport, Mining and Quarrying, Oil and Gas, Environmental Engineering and Sustainability, as well as Hospitality, Lodging, Food and Beverage Services, and Related Travel and Tourism. This expansion enhances HMPL's opportunities for generating revenue. Additionally, HMPL has obtained a one-year, ₹ 22.995 crore contract from the National Highways Authority of India for the collection of user fees and maintenance services at the Shrishikalan Fee Plaza in Uttar Pradesh. Hazoor Multi Projects Ltd is a prominent Indian firm specializing in the construction of roads, bridges, and various civil engineering undertakings. Hazoor Multi Projects share price today opened at ₹ 40.34 apiece on the BSE, the stock touched an intraday high of ₹ 40.50 apiece, and an intraday low of ₹ 39.80 per share. In the last week, the stock decreased by 0.45%. It has dropped by 13.49% over the last three months and increased by 9.99% over the past year.
Mint
25-06-2025
- Business
- Mint
33,500% rally in five years! Multibagger small-cap stock under ₹50 edges higher; here's why
Multibagger small-cap stock: Shares of Hazoor Multi Projects rose on Wednesday's trading session after the company issued 5,27,500 equity shares to two investors, Shilpaben Maheshkumar Shah and Ruturaj Bhalchandra Thakare, through a preferential allotment. These shares, each with a nominal value of Re 1 and an issue price of ₹ 30 (which includes a premium of ₹ 29), were issued following the conversion of 52,750 warrants. These warrants were originally allotted at ₹ 300 each, with 25% paid in advance, allowing the holders to convert them into an equivalent number of equity shares by paying the remaining 75% within 18 months. This conversion, which occurred after a subdivision of the company's equity shares, has boosted HMPL's issued and paid-up capital to ₹ 22,49,61,410, comprising 22,49,61,410 equity shares of Re 1 each, which hold the same rights as the existing shares. There remain 87,99,700 warrants still available for conversion. The Board of Directors of Hazoor Multi Projects Limited (HMPL) has recently sanctioned a major expansion of the company's primary business goals. This strategic decision, evident through new sub-clauses in their Memorandum of Association, enables HMPL to branch out into areas such as Shipbuilding and Engineering, Ship Repair and Maintenance, Maritime Industry, Shipping Logistics and Transport, Mining and Quarrying, Oil and Gas, Environmental Engineering and Sustainability, as well as Hospitality, Lodging, Food and Beverage Services, and Related Travel and Tourism. This expansion enhances HMPL's opportunities for generating revenue. Additionally, HMPL has obtained a one-year, ₹ 22.995 crore contract from the National Highways Authority of India for the collection of user fees and maintenance services at the Shrishikalan Fee Plaza in Uttar Pradesh. Hazoor Multi Projects Ltd is a prominent Indian firm specializing in the construction of roads, bridges, and various civil engineering undertakings. Hazoor Multi Projects share price today opened at ₹ 40.34 apiece on the BSE, the stock touched an intraday high of ₹ 40.50 apiece, and an intraday low of ₹ 39.80 per share. In the last week, the stock decreased by 0.45%. It has dropped by 13.49% over the last three months and increased by 9.99% over the past year. 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.
