24-11-2023 10:13 AM | Source: Accord Fintech
Hazoor Multi Projects touches roof as its arm secures order from Arawali Kante Multi Projects

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Hazoor Multi Projects is currently trading at its upper circuit limit of Rs. 151.70, up by 13.75 points or 9.97% from its previous closing of Rs. 137.95 on the BSE.

The scrip opened at Rs. 151.70 and has touched a high and low of Rs. 151.70 and Rs. 151.70 respectively. So far 37886 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. 66.41 on 26-Dec-2022.

Last one week high and low of the scrip stood at Rs. 151.70 and Rs. 133.00 respectively. The current market cap of the company is Rs. 210.03 crore.

The promoters holding in the company stood at 25.93%, while Institutions and Non-Institutions held 5.29% and 68.78% respectively.

Hazoor Multi Projects’ wholly owned Subsidiary -- M/s Hazoor Infra Projects has been endorsed order for Rehabilitation and up-gradation of NH-66 (old NH-17) from Km.241/300 to Km. 281/300 (Arawali to Kante section) to four lanes in the State of Maharashtra under NHDP-IV on Hybrid Annuity mode in Ratnagiri district. 

The company has received the said order from Arawali Kante Multi Projects (Substituted Concessionaire) and it was authorized by The Ministry of Road Transport & Highways (Authority). The projected value of aforesaid project is around Rs 1,129.81 crore. 

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.