Hazoor Multi Projects Stock Surges on Rs 28.47 Cr NHAI Order

Hazoor Multi Projects shares climbed 4.65% on the BSE, trading at Rs 21.82, after the company secured a significant Letter of Acceptance from the National Highways Authority of India (NHAI).

The stock gained 0.97 points from its previous close of Rs 20.85, driven by the new project order valued at Rs 28.47 crore.

Key Trading Metrics

• Current Price: Rs 21.82
• Gain: 4.65%
• Previous Close: Rs 20.85
• Shares Traded: 91,604
• Market Capitalization: Rs 622.37 crore

The Letter of Acceptance (LoA) from NHAI designates Hazoor Multi Projects as the user fee collection agency for the Thirupapachethi fee plaza in Sivagangai District, Tamil Nadu.

This project, located on the Madurai-Paramakundi-Ramanathpuram Section of NH-49, also includes the upkeep and maintenance of adjacent toilet blocks and consumable item recouping.

Project Details

• Order Value: Rs 28.47 crore
• Client: National Highways Authority of India (NHAI)
• Location: Thirupapachethi fee plaza, Sivagangai Distt., NH-49, Tamil Nadu
• Execution Period: Within one year

Hazoor Multi Projects opened at Rs 21.22, reaching an intra-day high of Rs 21.85 and a low of Rs 21.06.

The BSE group ‘B’ stock, with a face value of Rs 1, has recorded a 52-week high of Rs 45.20 on August 25, 2025, and a 52-week low of Rs 19.49 on August 14, 2026.

Shareholding Structure

• Promoters: 13.70%
• Institutions: 27.07%
• Non-Institutions: 59.23%

As a prominent entity within India’s infrastructure sector, Hazoor Multi Projects specializes in diverse civil engineering projects, including road construction, bridges, and flyovers.

The new NHAI contract underscores the company’s continued operational expansion and revenue prospects in key regional infrastructure development.