Share Market News: HMPL Shares Price Rise As Company Gain Order Worth Rs 30 Crore

Shares of Hazoor Multi Projects Limited (HMPL) gained over 5 per cent in the morning session as the company has received an order worth Rs 30 crore. According to an exchange filing, the order has been received from B.G. Shirke Construction Technology Pvt.
The counter opened at Rs 467 and surged around 5 per cent to touch the high of Rs 490.35 on the BSE. The stock has given a positive return of 284 per cent in one year and 484 per cent in two years. “We are pleased to inform you that the Company has emerged as Lowest Bidder for the Project of Maharashtra State Infrastructure Development Corporation (MSIDC),” the company said in an exchange filing.
Earlier, the company emerged as the lowest bidder for a project worth Rs 273.74 crore from Maharashtra State Infrastructure Development Corporation (MSIDC). “We are pleased to inform you that the Company has emerged as Lowest Bidder for the Project of Maharashtra State Infrastructure Development Corporation (MSIDC),” the company said in an exchange filing.
As per the details shared by the company, the project is related to the widening and improvement of Paldhi Amalner Dondaicha Nandurbar Dhanora to Gujarat State Border Road SH-6 KM 121/200 To 169/500 Tal.Dist. Nandurbar on engineering procurement and construction (EPC) mode.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)