In the bustling world of Indian stock markets, where blue-chip giants often steal the show, a lesser-known player is making waves. Hazoor Multi Projects, a small-cap stock priced below ₹50, has just clinched a significant deal that’s set to draw fresh attention from investors.
What the Hazoor Multi Projects NHAI Order Entails
Hazoor Multi Projects recently informed the stock exchanges about receiving a Letter of Award (LOA) from the National Highways Authority of India (NHAI). This contract involves handling user fee collection and maintenance at two key toll plazas: Krishnagiri in Tamil Nadu and Ankadhal in Maharashtra.
Beyond just toll operations, the company will oversee the upkeep of toilet blocks and supply essential amenities at these sites. Secured through competitive bidding, the total value of this project stands at approximately ₹277 crore. The timeline is tight—work must be completed within one year, signaling a potential revenue boost for the firm in the near term.
Stock Performance: A Multibagger Journey with Recent Twists
Trading in the small-cap segment, Hazoor Multi Projects shares are currently hovering below ₹50, making it accessible for retail investors looking for high-growth opportunities. Over the past five years, this stock has delivered staggering returns of up to 13,589%, transforming modest investments into substantial gains and earning it the multibagger tag.
However, the ride hasn’t been smooth lately. In the last month, the share price climbed about 14%, showing some positive momentum. But zoom out to six months, and it reflects a dip of around 13%, highlighting the volatility typical in penny stocks. Market watchers attribute this to broader economic pressures and sector-specific challenges in infrastructure and realty.
Financial Snapshot: Q2 FY2026 Results and Dividend Payout
Diving into the numbers, Hazoor Multi Projects reported a revenue of roughly ₹102 crore in the second quarter of FY2026—a drop of about 33% compared to the same period last year. More concerning for shareholders, the company posted a net loss of approximately ₹9.9 crore, a stark contrast to the profit recorded in the previous year.
On a brighter note, the firm declared a final dividend of ₹0.20 per share for FY2024-25, which was approved during the Annual General Meeting on September 29, 2025. Payments were made based on the record date of September 22, aligning with standard practices to reward loyal investors amid tough times.
Why This Development Matters for Investors
With infrastructure projects ramping up across India, orders like this from NHAI could signal a turnaround for Hazoor Multi Projects. The company’s involvement in toll management and ancillary services taps into the growing demand for efficient highway operations, especially in high-traffic states like Tamil Nadu and Maharashtra.
Analysts point out that while short-term fluctuations persist, the long-term potential remains strong, given the stock’s history of outsized returns. Small investors, in particular, find appeal in its low entry price, but experts advise thorough due diligence amid the inherent risks of small-cap investments.
For the latest updates on Hazoor Multi Projects and similar market movers, stay tuned to our stock coverage or consult your financial advisor to explore if this fits your portfolio.
Disclaimer: This article is for informational purposes only and does not constitute investment advice. Stock market investments are subject to market risks. Readers are advised to conduct their own research or consult a qualified financial expert before making any decisions. The information provided is based on publicly available data as of December 07, 2025, and may change.