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Hazoor Multi Projects bags key NHAI toll plaza contract in Karnataka, shares in green

News by Aliceblue News Desk

17 Feb 2026

Hazoor Multi Projects bags key NHAI toll plaza contract in Karnataka, shares in green

Introduction

Leading infrastructure company secured a Rs 44.23 crore contract from NHAI for user fee collection and maintenance at Balenahalli Fee Plaza, strengthening its Karnataka operations.

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Share price movement of Hazoor Multi Projects

On February 17, 2026, Hazoor Multi Projects Ltd opened at ₹34.61, down 1.86% from its previous close of ₹35.27. The stock reached a high of ₹35.60 (0.95%) and a low of ₹34.61. By 11:53 AM, it traded at ₹35.36, a 0.26% increase, with a market cap of ₹823.29 crore.

Hazoor Bags Balenahalli Fee Plaza

Hazoor Multi Projects Limited has received a Letter of Award from the National Highways Authority of India for user fee collection at Balenahalli Fee Plaza, Karnataka. Contract period is one year.

The project covers the four-lane section of NH-150A from Challakere to Hiriyur, including chainage Km 359.120 to Km 411.560, with upkeep and maintenance of adjacent toilet blocks.

The total contract value is Rs 44.23 crore. The award follows competitive bidding through e-tender. The work is entirely domestic and scheduled for execution within one year.

Stock performance of Hazoor Multi Projects for period of 1 week, 6 months, and 1 year

Hazoor Multi Projects Ltd delivered a -1.34% return over the past week, declined 18.4% in the past 6 months, and fell 20.0% over the past 1 year.

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Shareholding pattern of Hazoor Multi Projects

ParticularsDec 2025Sep 2025Jun 2025
Promoter16.90%17.60%18.10%
FII22.10%23.80%21.90%
DII0.80%0.80%1.20%
Public60.20%57.70%58.90%

About Hazoor Multi Projects

Hazoor Multi Projects Ltd (BSE: 532467) is an EPC infrastructure company specializing in road construction, executing national highway projects, and planning expansion into other infrastructure verticals.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Hazoor Multi Projects Ltd share price rising today?

A: Hazoor Multi Projects Ltd share price rose after receiving a Rs 44.23 crore NHAI contract for Balenahalli Fee Plaza operations.

Q: What is Hazoor Multi Projects Ltd’s main business focus?

A: Hazoor Multi Projects Ltd focuses on EPC infrastructure, mainly executing national highway road projects and other government infrastructure contracts.

Q: What are the 52-week high and low of Hazoor Multi Projects Ltd stock?

A: Hazoor Multi Projects Ltd stock has a 52-week high of ₹50.95 and a 52-week low of ₹26.80.

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