Mumbai, 20 November (Udaipur Kiran)। Hazoor Multi Projects surged sharply after the company received a Letter of Award (LoA) from the National Highways Authority of India (NHAI) for toll collection operations at Rampura Toll Plaza in Karnataka.
The stock is currently trading at Rs 32.49, up 3.93 points or 13.76% from its previous close of Rs 28.56 on the BSE. The scrip opened at Rs 28.56 and touched a high of Rs 30.70 and a low of Rs 26.80. So far, 20,33,620 shares have been traded. The company’s current market capitalisation stands at Rs 716.61 crore.
The stock has a 52-week high of Rs 59.90 recorded on 22 November 2024 and a 52-week low of Rs 26.80 recorded on 19 November 2025. In the past week, the scrip has moved between Rs 32.85 and Rs 26.80. Promoters hold 17.59% stake in the company, while institutions and non-institutions hold 24.68% and 57.74% respectively.
Under the new LoA, Hazoor Multi Projects will manage user fee and toll collection at Rampura Toll Plaza at Km 23.300 on the 2/4-lane Vijayapur–Sankeshwar section from Km 0/000 to Km 79/700 on NH-548B. The scope also includes upkeep and maintenance of adjacent toilet blocks and consumable supplies. The project value is Rs 13.87 crore, awarded through competitive e-tendering, and is expected to be completed in one year.
Hazoor Multi Projects is involved in infrastructure development work including road construction, bridges, flyovers and other civil engineering projects.
Bhupendra Singh Chundawat is a seasoned technology journalist with over 22 years of experience in the media industry. He specializes in covering the global technology landscape, with a deep focus on manufacturing trends and the geopolitical impact on tech companies. Currently serving as the Editor at Udaipur Kiran, his insights are shaped by decades of hands-on reporting and editorial leadership in the fast-evolving world of technology.
