Hazoor Multi Projects moves up on incorporating wholly-owned subsidiary
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Hazoor Multi Projects is currently trading at Rs. 120.95, up by 0.80 points or 0.67% from its previous closing of Rs. 120.15 on the BSE.
The scrip opened at Rs. 120.15 and has touched a high and low of Rs. 121.45 and Rs. 117.10 respectively. So far 2947 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 164.40 on 05-Jun-2023 and a 52 week low of Rs. 58.20 on 24-Oct-2022.
Last one week high and low of the scrip stood at Rs. 131.20 and Rs. 117.10 respectively. The current market cap of the company is Rs. 182.93 crore.
The promoters holding in the company stood at 25.93%, while Institutions and Non-Institutions held 1.35% and 72.72% respectively.
Hazoor Multi Projects has incorporated wholly-owned subsidiary namely ‘Hazoor Infra Projects’ on October 17, 2023. It is incorporated as a special purpose vehicle (SPA) for execution of road construction and infrastructure business. The company has subscribed 100000 equity shares at face value of Rs 10 per each to Rs 10 lakh.
Hazoor Multi Projects is engaged in executing and developing elite schemes including a multistorey residencial tower in Pune. It is also developing a luxurious, exclusive bunglow scheame near Amby valley at Lonavala.
