Hazoor Multi Projects bags orders worth Rs 70 cr

The first order has been received from Welspun Enterprises for stacking and dewatering works. The value of the project is Rs 40 crore.

Further, the firm received another order from B.G. Shirke Const. Tech. Pvt. Ltd. for excavation of various site located at Pahadi Goregaon, Thane and Kanamwarnagar. The value of this project is Rs 30 crore.

Hazoor Multi Projects' current market capitalisation is Rs 871.41 crore on the BSE.

Hazoor Multi Projects is engaged in the business of real estate and road construction. The company's net profit slipped 99.6% to Rs 0.08 crore while net sales tumbled 79% to Rs 34.16 crore in Q1 FY25 over Q1 FY24.

The scrip closed 5% higher at Rs 467 on Friday, 30 August 2024.