Hazoor Multi Projects Ltd. shares jump after securing NHAI award for H. Pudhupatti Fee Plaza
Why did Hazoor Multi Projects Ltd-$ shares jump today?
Hazoor Multi Projects Ltd shares saw a notable uptick today, rising by . As of , the stock was trading at .
The primary driver behind this positive movement appears to be a fresh business win. The company officially announced that it has received a . This award appoints Hazoor Multi Projects as the contractor responsible for collecting user fees at the on the Salem to Vayembadi section of NH-179A in Tamil Nadu. The scope of work also includes the upkeep and maintenance of adjacent toilet blocks.
Such contract wins are significant for infrastructure companies as they secure future revenue streams and boost investor confidence. The market likely reacted positively to this clear signal of new business from a major government body like the NHAI, contributing to the share price increase observed during the trading session.
What does Hazoor Multi Projects Ltd-$ do?
Hazoor Multi Projects Limited has been engaged as a contractor by the National Highways Authority of India (NHAI). Its awarded project involves the collection of user fees at the H. Pudhupatti fee plaza, located on the Salem to Vayembadi section of NH-179A in Tamil Nadu. The company's responsibilities also include the upkeep and maintenance of adjacent toilet blocks, including the restocking of consumable items.
This contract was formalized through a Letter of Award (LOA) issued by NHAI. The company's business activity, as described, is the operational management and service provision for a specific toll collection point on a national highway, alongside the maintenance of related public amenities.
Hazoor Multi Projects Ltd-$ Financials
In CroresBased on the provided data, Hazoor Multi Projects Ltd-'s revenue decreased from ₹158.41 crores in March 2026 to ₹119.66 crores in June 2026, reflecting a quarter-over-quarter decline. Concurrently, the company's profit saw a sharp downturn, falling from ₹32.38 crores to just ₹0.3 crores over the same period, indicating a substantial reduction in profitability alongside the fall in top-line revenue.
Hazoor Multi Projects Ltd-$ Shareholding Pattern
Promoter holding stands at 13.7% of the total share capital. Foreign Institutional Investors (FIIs) hold 26.45% stake in the company, while Domestic Institutional Investors (DIIs) hold 0.0%. Public shareholders hold the remaining 59.85% stake in Hazoor Multi Projects Ltd-$.
Hazoor Multi Projects Ltd-$ FAQs
Q: Why did Hazoor shares jump 0.4% today?
We are pleased to inform you that the Company has been awarded the Letter of Award from the National Highways Auhtority of India (NHAI) at H. Pudhupatti Fee Plaza.. This corporate action caught investor attention, leading to increased trading activity in the stock.
Q: What is the shareholding pattern of Hazoor Multi Projects Ltd-$?
As per the latest data, promoters hold 13.7% stake in Hazoor Multi Projects Ltd-$, while FII holding stands at 26.45%. Domestic institutional investors hold 0.0%, and public shareholders account for 59.85% of the equity.
Q: What is the current stock price of Hazoor Multi Projects Ltd-$?
Hazoor Multi Projects Ltd-$ shares are currently trading at ₹19.91, recording a gain of 0.4% from the previous close.
Q: What is the market capitalization of Hazoor Multi Projects Ltd-$?
The company currently has a market capitalization of ₹538.83 crore, reflecting its valuation in the Indian equity market.