This company's stock gains as it shares expansion plan
Shares of Hazoor Multi Projects Ltd, a resilient infra-to-energy player, defied the weak trends on Dalal Street on Tuesday, June 17, 2025. The share opened the session at Rs 40.99 on the BSE, a slight increase from the previous close of 40.59, marking a gain of nearly 1 per cent. The positive momentum continued, with the stock reaching an intraday high of Rs 41.49. This upward trend is particularly noteworthy as it follows six consecutive days of decline. At the time of the last update, the stock was trading at Rs 40.80, showing a gain of 0.52 per cent from the previous close. The stock is currently trading below the 5-day, 20-day, 50-day, 100-day and 200-day moving averages. The 52-week high of the stock is Rs 63.90, and the 52-week low is Rs 32. The market cap of the company is Rs 874.80 crore.
HMPL Shares Several Business Updates
Hazoor Multi Projects Ltd has informed the exchanges that its board has approved significant business plans. According to the exchange filing, the board has given the green light for the company to expand its operations into new sectors, including Shipbuilding and Engineering, Shipping Logistics, Oil and Gas Industry, Lodging, Food, and Related Travel and Tourism Services.
Share Price History
According to BSE Analytics, Hazoor Multi Projects Ltd has shown impressive growth, with a 176 per cent increase in two years and a staggering 1,225 per cent increase in three years. While the stock has corrected by 23 per cent this year, these long-term growth figures are a testament to the company's potential for future success.
Wins Projects From NHAI
Hazoor Multi Projects Ltd has successfully secured an order worth Rs 23 crore from the National Highways Authority of India (NHAI).
The project has been secured through e-tender process.
'Letter of Award (LOA) has been received from NHAI for acting as user fee collection agency at Shrishikalan Fee Plaza at km 193 for rehabilitation and upgradation from km 178.00 to km 215.00 (Kabarai-Banda Section) of NH-76 to 2 lane with paved shoulder on EPC mode in the state of Uttar Pradesh,' the company said in a filing.
HMPL Dividend
The company has said in an exchange filing that its board has recommended paying a dividend of Rs 0.20 per equity share with a face value of Rs 0.20 per share with a face value of Re 1 each.
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