- By Aditya Pratap Singh
- Wed, 01 Apr 2026 03:15 PM (IST)
- Source:JND
Infra Stock Under Rs 30: Shares of small-cap- Infra company 'Hazoor Multi Projects Ltd' (HMPL) soared over 9 per cent during the trading session on Wednesday, April 1, 2026, mirroring the massive rally in the domestic stock market after the company secured a fresh rating from Acuite Ratings and Research. The stock started the session with a huge gap-up at Rs 25.70, up 9.27 per cent as compared to the last session's closing of Rs 23.52 on the BSE. Later, the HMPL shares erased some of the early gains amid profit booking. At the time of writing, the scrip was trading at Rs 24.97, up 6.16 per cent against the previous session's closing.
In an exchange filing on Tuesday, the company informed that it has got an rating for the company's bank facility from Acuite Ratings & Research Limited (Acuit). Acuit proposed an ACUITE BBB - Stable rating on its Rs 100 crore long-term facility, indicating the company's stable financial position and capability of debt obligations.
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Meanwhile, the company's market cap stood at Rs 675.31 crore, and its 52-week high and low values were Rs 50.95 and Rs 22.45, respectively.
Stock Market Today
The domestic equity indices traded sharply higher during the trading session maid massive broad-based buying post signs of de-escalation in the Middle East war crisis. At the time of writing, the BSE Sensex was trading at 73,104.55, up 1,157 points or 1.61 per cent. Nifty50 was quoted at 22,680.10, up 348.70 points or (=1.56 per cent. Earlier in the day, the key indices were up over 2.5 per cent amid massive buying sentiment.
The majority of sectoral and broader indices were trading higher during the session.
Share Price History
The stock remained a multibagger in the long run, soaring over 8,000 per cent in the last 5 years, according to BSE Analytics. In three years, the stock jumped by over 170 per cent. However, in a year, the stock corrected over 42 per cent and in las six months, the stock dipped over 36 per cent. This year to date, the stock is down by over 30 per cent.
Grabs Order From Tata Steel
The infra sector company had earlier announced that it has received a major work order from Tata Steel Ltd, which includes the design, engineering, construction and completion of OPR and NOPR colony for TSSIJ employees at Billepada (Joda).
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In addition, fresh work orders worth over Rs 27 crore have been received from NHAI, where the company will be collecting user fees at Chowlagare Fee Plaza on NH-48 from Hassan to Maranahalli in Karnataka.
Disclaimer: This story is for informational purposes only. It should not be considered as investment advice.
