Hazoor Multi Projects share price: Hazoor Multi Projects Ltd share is being discussed on Wednesday. The company’s share rose by 5% on 11th September to high of Rs 623.80.
There is a big reason behind this rise in the company’s shares. This company announced an agreement to merge with Square Port Shipyard Private Limited.
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The Meeting Will Be Held On The 16th Of September
We’re pleased to inform you that directors from Hazoor Multi Projects Ltd are going to take place on September 16.
At this meeting, the board will review the plan for in-principle approval of a possible merger with Square Port Shipyard Private Limited into the corporation.
Hazoor Multi Projects Ltd said in the filing to the stock exchange that it brings together its strengths with the synergies of the two companies so that all stakeholders profit.
The company will create a “Specialized Transaction Committee” to oversee and manage all the necessary actions related to the merger proposal.
The BSE document stated that the committee will be acting for the benefit of BSE to assist, monitor, and ensure that the merger decision is implemented effectively. the merger’s decision promptly.
The Company Has Received Many Orders
Let us tell you that recently Hazoor Multi Projects Ltd has also received work orders. On September 2, the business announced that they had been granted a work order by Shirke Const. Tech. Pvt. Ltd. BG for excavation of different sites.
It also received an order for work for work from Welspun Enterprises for stacking and dewatering work.
Huzur Multi Projects Share Price History
Hazoor Multi Projects Ltd stock has given good returns to investors. The stock has risen by more than 21% over a week and has risen to over 53.16% over a month.
Hazoor Multi Projects Ltd’s share has gained 81.08% year-to-date (YTD) and have given a multibagger return of over 333.07% in a year. The smallcap stock has gained 3,264% in the last three years.
In five years, the stock has gained over 41,330.00%. At this time, the price has been increased from the current price of 1.50 rupees to its current price.
Quick Fact
| Company name | Hazoor Multi Projects |
|---|---|
| Share rise | 5% on 11th September |
| Intraday high | Rs 623.80 |
| Merger | Square Port Shipyard Private Limited |
| Merger Meeting Date | 16th September |
| Merger Plan Review | In-principle approval of possible merger |
| Committee | Specialized Transaction Committee |
| Purpose of Committee | Oversee and manage merger actions |
| Monitoring Agency | BSE |
| Recent Orders | Shirke Const. Tech. Pvt. Ltd., Welspun Enterprises |
| Order Details | Excavation, stacking, and dewatering work |
| Weekly Return | 21% |
| Monthly Return | 53.16% |
| Year-to-Date (YTD) Return | 81.08% |
| 1-Year Return | 333.07% |
| 3-Year Return | 3,264% |
| 5-Year Return | 41,330.00% |
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