1200% Return in 5 Yrs: Small Cap Stock Under Rs 50 Jumps On Contract Update | Do You Own?
Shares of Hazoor Multi Projects LImited attracted heightened investors interest during Thursday's intraday trading session, a day after the civil construction firm announced that it received an order from National Highways Authority of India (NHAI) to manage fee collection at a toll plaza in Tamil Nadu.
HMPL share price was trading flat at Rs 20.35 per share on BSE with a market capitalisation of Rs 585.32 crore on BSE at 2:13 pm. The stock had touched an intraday high of Rs 20.99 per share and an intraday low of Rs 17.52 per share.
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HMPL Contract Update
HMPL, on Thursday, had announced that it was awarded the LoA by the NHAI. As per the order worth Rs 193 crore, HMPL will engage as the contractor for collection of user fee at Paranur Fee Plaza at 52.820 for the secton from 28 km to 74.5 km between Tambaram and Tindavanam Section on NH-45 in Tamil Nadu. The company will also be responsible for the maintenance of adjacent toilet blocks including recouping the consumable items.
"The Company is in receipt of Letter of Award (LOA) dated 25th August 2026 from the National Highways Authority of India (NHAI) for User fee agency on the basis of competitive bidding at Paranur Fee Plaza at km 52.820 for the section from km 28.000 to km 74.500 (Tambaram-Tindivanam Section) on NH - 45 in the State of Tamil Nadu and upkeep/maintenance of adjacent Toilet blocks including recouping the consumable items," stated the firm in its press release.
HMPL Share Price Trend
The stock opened in green on Wednesday. The stock touched its 52-week high of Rs 43.50 per share on August 29, 2025. The stock dipped to its 52-week low of Rs 17.52 per share on August 27, 2026. The scrip has a return on equity (ROE) of 5.12%. Its share price value has surged around 1210% in five years. But the stock value has declined around 36% in six months, and around 44% in 2026 so far.
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