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

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.