Hazoor Multi Projects Ltd has announced a record date to determine the eligibility of shareholders for the payment of the final dividend.
As a result, the stock is in focus and opened in green at Rs 42.40 against the previous close of Rs 42.36 on the BSE. Technically, the stock is currently trading higher than the 50-day and 100-day moving averages, instilling a sense of optimism among investors, despite being lower than the 5-day, 20-day and 200-day moving averages.
According to the information shared, the company has fixed September 22, 2025, as the record date to determine the eligibility of shareholders for payment of the final dividend, if approved by the members in the 33rd Annual General Meeting (AGM). The AGM is scheduled for September 29, 2025
The board of directors of the company has recommended a final dividend of Rs 0.20, or 20 per cent, per equity share with a face value of Re 1 for the financial year 2024-25.
According to BSE Analytics, the stock has yielded a multibagger return of 38990 per cent in five years and 443 per cent in three years. However, it has corrected 3.33 per cent in one year. On a year-to-date basis, the scrip has corrected 19.52 per cent.
Earlier, the company secured a significant order worth Rs 23 crore from the National Highways Authority of India (NHAI), a testament to its strong project execution capabilities and market position.
The project has been secured through e-tender process.
“Letter of Award (LOA) has been received from NHAI for acting as user fee collection agency at Shrishikalan Fee Plaza at km 193 for rehabilitation and upgradation from km 178.00 to km 215.00 (Kabarai-Banda Section) of NH-76 to 2 lane with paved shoulder on EPC mode in the state of Uttar Pradesh,” the company said in a filing.
The value of the awarded project is Rs 22.995 crore.
HMPL is into renewable energy and building road projects on an engineering, procurement and construction (EPC) basis.