Hazoor Multi Projects gains 4.5% after fresh NHAI toll orders
The company secured two toll-collection contracts worth Rs.49.49 crore and another valued at Rs.28.10 crore within two days.
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what happened
New Delhi, Oct. 12. Hazoor Multi Projects shares advanced 4.50% on Monday even as India’s main equity benchmarks declined. The Nifty 50 fell 157 points, the BSE Sensex dropped 547 points and the Bank Nifty lost about 338 points. The company’s market capitalisation is around Rs.630 crore.
Mint, published by HT Digital Content Services, reported that investor interest followed a series of NHAI toll-collection contracts worth more than Rs.77 crore. Hazoor Multi Projects received two orders totalling Rs.49.49 crore on Oct. 10, 2026, and secured another order worth Rs.28.10 crore on Monday.
The latest award covers user-fee collection at the Gaddurur (Nangli) Fee Plaza on an NH-75 section in Karnataka, along with maintenance of nearby toilet blocks. The company’s exchange filing put the contract value at Rs. 28,10,20,800. The earlier awards covered the Kannoli and Harval plazas, as well as Gaddurur (Nangli).
SEBI-registered market expert Anuj Gupta said the sequence of awards supported sentiment around the stock. Mahesh M Ojha, VP — Research and Business Development, identified Rs.13.80 as support and Rs.18.80 as resistance; he cited Rs.20.50 and Rs.22 as levels if the stock closes above that resistance. The company’s adjusted share price has risen from around Rs.1.80 to Rs.16.80 over five years, or nearly 850%, after a 1:10 stock split on 7 November 2024.
why it matters
The report links the small-cap stock’s advance to a larger order pipeline from NHAI. The technical levels and market interpretation come from individual experts, while the five-year performance uses the post-split adjusted price.
instruments
sources
- Small-cap stock under Rs.20: Up 850% in 5 years! Toll fee collector stock jumps 4.5% despite stock market sell-off — Newsmetry API, 12 October 2026 at 15:12 UTC
prepared by the newsmetry newsroom with ai assistance from the sources listed below. not investment advice.
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