Hazoor Multi Projects soars on emerging as lowest bidder for MSIDC's Project
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Hazoor Multi Projects is currently trading at Rs. 393.90, up by 10.55 points or 2.75% from its previous closing of Rs. 383.35 on the BSE.
The scrip opened at Rs. 402.50 and has touched a high and low of Rs. 402.50 and Rs. 391.10 respectively. So far 40712 shares were traded on the counter.
The BSE group 'X' stock of face value Rs. 10 has touched a 52 week high of Rs. 454.00 on 23-Feb-2024 and a 52 week low of Rs. 115.00 on 26-Oct-2023.
Last one week high and low of the scrip stood at Rs. 402.50 and Rs. 347.95 respectively. The current market cap of the company is Rs. 739.46 crore.
The promoters holding in the company stood at 21.08%, while Institutions and Non-Institutions held 19.18% and 59.73% respectively.
Hazoor Multi Projects has emerged as Lowest Bidder for the Project of Maharashtra State Infrastructure Development Corporation (MSIDC). The order is for Engineering, Procurement and Construction (EPC) NSK-II-24(A) - Widening and Improvement to Paldhi Amalner dondaicha Nandurbar Dhanora to Gujarat State Border Road SH-6 KM 121/200 To 169/500 Tal.Dist. Nandurbar on EPC mode. The Quoted Bid Price Rs 273.74 crore plus applicable GST. The order is to be executed within 2.5 years.
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.
