Hazoor Multi Projects: A Multibagger Small-Cap Stock to Watch After Solar Project Update
Hazoor Multi Projects, a prominent real estate development firm, is set to be in the spotlight on Tuesday, 8 July 2025, following its response to the stock exchange regarding a significant ₹913 crore solar project. The company has informed the exchanges that it will arrange the necessary financing for the project, which has already generated substantial interest among investors.
The letter of award from Apollo Green Energy Limited (AGEL) for the NHPC-200 MW Engineering, Procurement & Construction (EPC) contract for a 200 MW Grid connected Solar PV Power Project in GSECL's RE Solar Park at Khavda (Stage-3) in Gujarat was a key highlight. Hazoor Multi Projects clarified that it will arrange the necessary financing for the project, which is valued at ₹913 crore.
Initially, Hazoor Multi Projects was set to share 5% of the contract value with AGEL. However, AGEL has now mentioned that they will share 5% of the contract value in lieu of financing the project. This clarification has been filed with the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) after market hours on 7 July 2025.
Hazoor Multi Projects' share price closed 15.40% higher at ₹45.78 after Monday's stock market session, compared to ₹39.67 at the previous market close. The company's shares have delivered an impressive return of over 38,000% in the last five years, making it a multibagger small-cap stock. In the past year, the shares have returned over 34%.
On a year-to-date (YTD) basis, the shares of Hazoor Multi Projects have lost 14.32% in 2025, but they have gained 17.41% in the last five trading sessions. The company's shares hit a 52-week high of ₹63.90 on 12 September 2024 and a 52-week low of ₹32 on 3 February 2025. As of the market close on Monday, 7 July 2025, the company's market capitalisation (M-Cap) stood at ₹999.19 crore.
Hazoor Multi Projects' strong performance and the recent update on the solar project have made it a hot topic among stock market investors. The company's ability to secure and finance large projects like the NHPC-200 MW solar project is a testament to its growing capabilities in the renewable energy sector. Investors are keenly watching the developments and the potential impact on the company's future growth and stock performance.
For investors looking to capitalize on the renewable energy sector, Hazoor Multi Projects presents an interesting opportunity. However, it is essential to conduct thorough research and consult with financial experts before making any investment decisions. The market conditions can change rapidly, and it is crucial to stay informed about the latest developments and trends in the industry.
