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Hazoor Multi Projects Limited wins Rs 49.49 crore and Rs 28.10 crore contracts from NHAI

10-Oct-26 14:30 Hrs IST

Hazoor Multi Projects Ltd. is down 4.69% to Rs 16.27, extending a recent decline that has seen the stock fall 9.31% over the last week.

Hazoor Multi Projects Limited announced it has been awarded two letters of award (LOA) by the National Highways Authority of India (NHAI) for user fee collection services in Karnataka. The first LOA, dated October 9th, 2026, is for the Kannoli Fee Plaza at km 241.100 and Harval Fee Plaza at km 303.400, with a total contract value of Rs 49,49,40,000, and the second, also dated October 9th, 2026, is for the Gaddurur (Nangli) Fee Plaza at km 217.450, valued at Rs 28,10,20,800. Both contracts, which have a one-year execution period, include upkeep and maintenance of adjacent toilet blocks and recouping of consumable items.

Trading volume reached 5.24 lakh shares today, a substantial increase of 152.7% compared to the average volume over the past week. Hazoor Multi Projects Ltd remained flat year-over-year, contrasting with a 10.57% decline in the NIFTY50 index.

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