Hazoor Multi Projects Soars 5% After Winning ₹273 Crore MSIDC Order: Multibagger Stock in Focus

Multibagger stock Hazoor Multi Projects saw strong buying on Tuesday morning, with its share price rising by 5% in early trading. The small-cap stock opened higher at ₹402.50 per share on the BSE, up from Monday’s close of ₹383.35. The surge came after the company announced that it had won a significant project worth ₹273.74 crore from the Maharashtra State Infrastructure Development Corporation (MSIDC).

Order Book Update

Hazoor Multi Projects informed the stock exchange that it had emerged as the lowest bidder for an Engineering Procurement and Construction (EPC) project with MSIDC. The project is valued at ₹273.74 crore, and the work is expected to be completed within 2-5 years (912 days).

Share Price History

Hazoor Multi Projects has been a multibagger stock in the Indian market, delivering strong returns over the years. In the last year, its share price has climbed from ₹131 to ₹402.50, marking a rise of over 200%. Over the past five years, the stock has soared from ₹1.50 to ₹402.50 per share, a staggering increase of nearly 26,650%. This small-cap stock, initially a penny stock, has transformed into a multibagger during this period.

Trading Details

The stock is listed exclusively on the BSE, with a trading volume of around 1.28 lakh shares. With about an hour of trading left, the stock’s 52-week high stands at ₹454 per share, while the 52-week low is ₹115 per share.