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Reading: 28,840% returns in 5 years! Small-cap shares in focus after allotment of preferential shares
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StockWaves > Market Analysis > 28,840% returns in 5 years! Small-cap shares in focus after allotment of preferential shares
Market Analysis

28,840% returns in 5 years! Small-cap shares in focus after allotment of preferential shares

StockWaves By StockWaves Last updated: March 10, 2025 3 Min Read
28,840% returns in 5 years! Small-cap shares in focus after allotment of preferential shares
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Small-cap inventory: Hazoor Multi Tasks Restricted, on Monday, March 10, introduced {that a} fundraising committee authorised the allotment of 13,52,620 or 13.52 lakh fairness shares with a face worth of Re 1 apiece, in response to an change submitting.

As per the submitting knowledge, the conversion of 1,35,263 warrants was at a difficulty value of ₹300 apiece, which quantities to a receipt of ₹3,04,33,949 or ₹3.04 crore. 

“We want to inform you that the fund-raising committee of the Firm of their assembly held at this time i.e. Monday, March 10, 2025, inter-alia, thought-about and authorised the allotment of 13,52,620 fairness shares having face worth of Re 1/- every at a difficulty value of Rs. 30/- every, consequent upon the conversion of 1,35,263 Warrants issued at an Concern Value of Rs. 300/-each,” mentioned the corporate within the BSE submitting.

West Midland Ventures Pvt Ltd and Nirmala Devi Dugar have been the 2 allottees who obtained the allotment of the fairness shares from the conversion of share warrants. 

After this conversion, the corporate’s complete issued and paid-up capital stands at ₹22,18,98,410 with a face worth of Re 1 per share face worth.

Hazoor Multi Tasks Share Value

Hazoor Multi Tasks shares closed 4.38 per cent greater at ₹43.41 after Monday’s inventory market session, in comparison with ₹41.59 on the earlier inventory market shut. The announcement of the fairness share allotment was filed after the inventory market session on March 10.

Hazoor Multi Tasks shares have given inventory market buyers 28,840 per cent return on their funding within the final 5 years and 20 per cent returns within the final one-year interval. Nonetheless, the shares of the small-cap agency have been buying and selling 18.75 per cent decrease on a year-to-date (YTD) foundation in 2025.

Shares have gained 23.85 per cent within the final 5 market periods. Hazoor Multi Tasks shares hit their 52-week excessive ranges at ₹63.90 on September 12, 2024, whereas the 52-week low degree was at ₹28.41 on March 28, 2024, in response to the information collected from the BSE web site.

Disclaimer: The views and suggestions given on this article are these of particular person analysts. These don’t signify the views of Mint. We advise buyers to test with licensed specialists earlier than making any funding selections.

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