Hazoor Multi Projects Ltd. Gains After Subsidiary Secures Major Project from Oil India
Shares of Hazoor Multi Projects Ltd. closed higher after its subsidiary, Quippo Oil & Gas Infrastructure Ltd., won a significant project from Oil India Limited. The stock has delivered an impressive 36,700 per cent return to investors over the past year.
Hazoor Multi ProjectsQuippo Oil GasOil IndiaStock MarketBseReal EstateAug 11, 2025
According to an exchange filing, HMPL, one of India’s fastest-growing infrastructure and engineering enterprises, is pleased to announce that its recently acquired subsidiary, Quippo Oil & Gas Infrastructure Ltd., has been awarded a contract valued at ₹280.1 crore by Oil India Limited, a Maharatna Public Sector Undertaking (PSU).
The counter started the trading session in the green with a gain of Rs 0.51 and opened at Rs 43.61, up from the previous close of Rs 43.10 on the BSE. The counter gained further to touch the high of Rs 46, a gain of 6.72 per cent from the closing price of the last trading session. The 52-week high of the stock is Rs 63.90 and the 52-week low is Rs 32. The market cap of the company is 954.88 crore.
According to BSE Analytics, the stock has delivered nearly 36,700 per cent return to investors. The stock has gained 8.67 per cent in the last one-year period.
Benchmark BSE Sensex rallied 746 points to close above the 80,000 mark on Monday following buying in oil, auto, and banking shares amid fresh foreign fund inflows. The 30-share Sensex jumped 746.29 points or 0.93 per cent to settle at 80,604.08 with 26 of its constituents ending higher. During the day, it surged 778.26 points or 0.97 per cent to 80,636.05.
The 50-share NSE Nifty jumped by 221.75 points or 0.91 per cent to 24,585.05. Among Sensex firms, Tata Motors, Eternal, Trent, State Bank of India, UltraTech Cement, and Larsen & Toubro were the major gainers. However, Bharat Electronics, Bharti Airtel, and Maruti were the laggards.
Frequently Asked Questions
What is Hazoor Multi Projects Ltd.?
Hazoor Multi Projects Ltd. (HMPL) is an infrastructure and engineering company based in India, known for its rapid growth in the sector.
What project did Quippo Oil & Gas Infrastructure Ltd. win?
Quippo Oil & Gas Infrastructure Ltd., a subsidiary of Hazoor Multi Projects Ltd., won a Rs 280.1 crore project from Oil India Limited, a Maharatna PSU.
How much has the stock of Hazoor Multi Projects Ltd. gained in the last year?
The stock of Hazoor Multi Projects Ltd. has gained 8.67 per cent in the last one-year period.
What is the current market cap of Hazoor Multi Projects Ltd.?
The current market cap of Hazoor Multi Projects Ltd. is 954.88 crore.
How did the BSE Sensex perform on the day of the announcement?
The BSE Sensex rallied 746 points to close above the 80,000 mark, gaining 0.93 per cent to settle at 80,604.08.
Related News Articles
Mumbai's Sky-High Ambitions: Exploring the City's Love for Skyscrapers
As Mumbai continues to grow
Mumbai Records Third-Highest Surge in Luxury Housing Prices Globally
Mumbai's prime residential prices surge 11.5% year-on-year, ranking third globally, as India's economic growth drives demand in luxury housing market.
Affordable Housing Supply Dries Up as Builders Focus on Premium Projects
The latest data from JLL India reveals a 21% decline in affordable housing supply below Rs 50 lakh, while premium projects saw a significant surge in demand.
Priyanka Chopra's Real Estate Empire: A Peek into Her Investments
Priyanka Chopra Jonas is a keen investor in the real estate space, owning multiple properties in India and the US. Here's a look at her recent transactions.
Uber and Heads Up for Tails Expand Pet-Friendly Rides in Delhi and Mumbai
Uber has partnered with Heads Up for Tails to offer pet-friendly rides in Delhi and Mumbai, making travel more convenient and comfortable for pet owners.
Blackstone and Sattva-backed REIT Files Draft Papers for ₹7000 Cr IPO
A real estate investment trust (REIT) backed by asset manager Blackstone Group and Bengaluru developer Sattva Group has filed its draft papers with the Securities and Exchange Board of India (SEBI) for a ₹7000 crore initial public offering (IPO).