- By Aditya Pratap Singh
- Fri, 20 Feb 2026 05:07 PM (IST)
- Source:JND
Stock Under Rs 50: The shares of Hazoor Multi Projects Limited (HMPL) will be in focus in the next trading session as the company on Friday announced that it has received a major order from Tata Steel Limited, a subsidiary of the Tata Group.
In an exchange filing, the small-cap construction company--HMPL-- said that it will undertake the design, engineering, construction and completion of an OPR and NOPR residential colony for employees at TSSIJ, Bileipada (Joda).
"We are pleased to inform that M/s Hazoor Multi Projects Limited has been awarded a Work Order by Tata Steel Limited," the exchange filing said.
"The Work Order pertains to the design and engineering, execution, and handover of the OPR & NOPR colony
at TSSIJ, Bileipada, Joda, comprising apartment blocks with a G+9 structure for Employees as per the architectural
scheme and bidder's design approved by Tata Steel," the company said.
Under the order, HMPL will deliver 288 Non-Operational Staff Residential units of approximately 900 sq. ft. each
and 72 Operational Staff Residential units of approximately 1,100 sq. ft. each.
"All work will be carried out in full compliance with the approved specifications and scope of work," the exchange filing stated.
What Would Be The Cost Of The Project?: The total project cost is approximately Rs 182.95 crore (excluding GST), and it is expected to be completed within 24 months.
Share Price and Market Performance
The shares of Hazoor Multi Projects Limited settled 1.19 per cent lower at Rs 34.01 on BSE. The stock opened flat at Rs 34.40 as compared to the previous session's closing of Rs 34.42.
During the session, it hit an intraday high at Rs 34.90 and a low at Rs 33.11, witnessing a volatile session before closing in negative territory.
According to BSE Analytics, in a long tenure, the stock has given a multibagger return of more than 10,000 per cent over the past five years. In the last 5 trading session the stock dipped by over 2 per cent.
HMPL Acquires Majority Stake in Vyom Hydrocarbon: Earlier this week, HMPL informed of the acquisition of 51% stake in Vyom Hydrocarbons Private Limited (VHPL) and appointed its directors on its board.
Disclaimer: This is just a piece of news about recent development. It should not be considered as investment advice.