JKB Financial Services Ltd.

As on : 15-Aug-2026

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15-Aug-2026 13:12

Hazoor Multi Projects Limited wins Rs 28.47 crore contract from NHAI for Jharkhand toll plaza operations

Hazoor Multi Projects Ltd. is currently down 3.29% to Rs 20.85, extending a recent decline that has seen the stock fall 7.58% over the last week. Hazoor Multi Projects Limited has been awarded a Letter of Award (LOA) by the National Highways Authority of India (NHAI) for user fee collection at the Madangundi Fee Plaza in Jharkhand, under the National Highway Development Project Phase-IV. The contract, secured through a competitive bidding process, encompasses the collection of user fees, upkeep and maintenance of adjacent toilet blocks, and recouping of consumable items for a period of one year. The value of the order is Rs 28,47,00,000, and the company confirmed that neither the promoter group nor any related parties have an interest in the awarding entity. Trading volume reached 6.3 lakh shares today, a surge of 525.26% compared to the average volume of the last one week. Hazoor Multi Projects Ltd plunged by 52.20% year-over-year, underperforming the 1.08% loss recorded by the NIFTY50 index.

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