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Reading: This small-cap inventory under ₹100 to be in deal with Wednesday after ₹67-crore NHAI order. Do you personal any?
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StockWaves > Market Analysis > This small-cap inventory under ₹100 to be in deal with Wednesday after ₹67-crore NHAI order. Do you personal any?
Market Analysis

This small-cap inventory under ₹100 to be in deal with Wednesday after ₹67-crore NHAI order. Do you personal any?

StockWaves By StockWaves Last updated: February 5, 2025 2 Min Read
This small-cap inventory under ₹100 to be in deal with Wednesday after ₹67-crore NHAI order. Do you personal any?
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Small-cap inventory under ₹100: Hazoor Multi Initiatives Ltd, on Tuesday, February 4, introduced that the corporate acquired an order from the state-owned Nationwide Highways Authority of India (NHAI). 

“We’re happy to tell that Letter of Acceptance (LOA) has been awarded to M/s Hazoor Multi Initiatives Restricted, acquired from Nationwide Highways Authority of India for appearing as person price assortment company on the idea of aggressive bidding by means of e-tender at Hulikunte Charge Plaza at Ch.12.300 to be used of 4 Laning from km 0.00 to km 42.00 of Dobaspet to Dodaballapur Bypass part of NH648 (previous NH-207) within the State of Karnataka and maintenance/ upkeep of adjoining rest room blocks together with recouping the consumable gadgets,” the corporate stated in an change filling. 

In response to the BSE submitting information, the contract is valued at ₹67.16 crore.

On January 27, Hazoor Multi Initiatives additionally introduced its plan to enter the renewable vitality enterprise and develop Maharashtra’s first photo voltaic park.

Hazoor Multi Initiatives Share Value

Hazoor Multi Initiatives Restricted shares closed 0.19 per cent decrease at ₹52.45 in Tuesday’s buying and selling session, in comparison with ₹52.55 on the earlier market shut. 

In response to information collected from the BSE web site, shares of Hazoor Multi Initiatives hit their 52-week excessive at ₹63.90 on September 12, 2024, and the 52-week low at ₹28.41 on March 28, 2024. The market capitalisation of Hazoor Multi Initiatives was ₹1,088.35 crore as of February 4.

Hazoor Multi Venture shares have given traders over 32,000 per cent returns within the final 5 years and practically 45 per cent returns within the final one 12 months. Nonetheless, the inventory is buying and selling 1.83 per cent decrease on a year-to-date (YTD) foundation.

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

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