Small-cap inventory under ₹100: Hazoor Multi Tasks Restricted on Wednesday, January 22, introduced that the corporate will contemplate growth plans to maneuver into new and rising enterprise segments, in accordance with the inventory market submitting.
In response to the submitting knowledge, the corporate goals “to strategically broaden into new and rising enterprise segments that align with the corporate’s long-term development goals.”
Hazoor Multi Tasks additionally goals to fund the brand new enterprise phase and help the corporate’s current enterprise wants. They may consider the proposal for elevating the extra capital on the board assembly scheduled on Tuesday, January 28.
“To fund the brand new enterprise phase and help the corporate’s current enterprise wants, consider proposals for elevating extra capital to strengthen the corporate’s monetary assets by the issuance of securities, convertible devices, or different permissible strategies as decided by the board, topic to acquiring required regulatory or statutory approvals, together with shareholder consent,” in accordance with the change filling.
They’re more likely to elevate extra capital by the issuance of securities, convertible devices, or different strategies accepted by the board of administrators. Amongst different issues, they will even announce their October to December quarter outcomes on January 28.
Hazoor Multi Tasks share worth
Hazoor Multi Tasks Restricted shares closed 3.65 per cent decrease at ₹52.50 after Wednesday’s market session, in comparison with ₹54.49 on the earlier market shut.
Shares hit their 52-week excessive at ₹63.90 on September 12, 2024, whereas the 52-week low was at ₹28.41 on March 28, 2024. As of January 22, the corporate’s market capitalisation stood at ₹1,089.38 crore.
Hazoor Multi Tasks shares have given traders over 30,000 per cent returns within the final 5 years and almost 50 per cent returns within the final one 12 months. Nevertheless, the inventory has dropped 1.74 per cent on a year-to-date (YTD) foundation.
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