# Hazoor Multi Projects wins Rs 28.47-crore NHAI order for Jharkhand plaza

2026-08-16T08:04:45+00:00 | Business & Economy | Indian Opinion Desk

Corroboration: 2 independent outlets

Hazoor Multi Projects share price will be in focus on Monday after the company received a Letter of Award from the National Highways Authority of India (NHAI) for a user fee collection project in Jharkhand. Livemint reports the small-cap stock closed 3.29% lower at Rs 20.85 on Friday, while The Hindu Businessline puts the order value at Rs 28.47 crore with a 12-month tenure. The project involves user fee collection at Madangundi Fee Plaza on NH-31 under NHDP Phase-IV on an EPC mode, including upkeep of toilet blocks. The order was awarded through an e-tender process, the company said in a regulatory filing. Livemint added that Hazoor Multi Projects reported a 59% drop in standalone net profit for Q1 FY27, while consolidated net profit plunged 99%. The stock has fallen 7.58% in a week and 12% in a month, according to Livemint. However, the company has a history of multibagger returns over five and ten years.

## Coverage

- livemint.com <https://www.livemint.com/market/stock-market-news/smallcap-stock-under-50-hazoor-multi-projects-to-be-in-focus-on-monday-after-receipt-of-nhai-project-11786861750445.html>
- thehindubusinessline.com <https://www.thehindubusinessline.com/companies/hmpl-wins-2847-crore-nhai-project-in-jharkhand/article71352345.ece>

This story was synthesised by AI from the 2 sources linked above.
Updated: this story now draws on 2 sources. Last updated 2026-08-16T12:31:19+00:00.

Tags: BSE, Hazoor Multi Projects, Jharkhand, NHAI
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