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2025-02-03 04:01:51 pm | Source: Accord Fintech
Hazoor Multi Projects gains on planning to set up 500 MW solar project in Andhra Pradesh
Hazoor Multi Projects gains on planning to set up 500 MW solar project in Andhra Pradesh

Hazoor Multi Projects is currently trading at Rs. 53.90, up by 0.06 points or 0.11% from its previous closing of Rs. 53.84 on the BSE.

The scrip opened at Rs. 54.89 and has touched a high and low of Rs. 55.50 and Rs. 53.00 respectively. So far 201298 shares were traded on the counter.

The BSE group 'X' stock of face value Rs. 1 has touched a 52 week high of Rs. 63.90 on 12-Sep-2024 and a 52 week low of Rs. 28.41 on 28-Mar-2024.

Last one week high and low of the scrip stood at Rs. 57.80 and Rs. 50.16 respectively. The current market cap of the company is Rs. 1158.56 crore.

The promoters holding in the company stood at 19.82%, while Institutions and Non-Institutions held 20.86% and 59.32% respectively.

Hazoor Multi Projects (HMPL) is planning to set up a 500-megawatt (MW) solar project in Andhra Pradesh at an investment of Rs 2,500 crore. The company has already submitted a proposal with the state government to set up the project in Prakasam district over an area of 2,000 acres.

Earlier, the company had forayed into Renewable Energy sector in India with the development of the Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP), Maharashtra’s first solar park. 

Hazoor Multi Projects is a leading player in the Indian infrastructure sector, specializing in a diverse range of projects including road construction, bridges, flyovers, and other civil engineering works.

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