Hazoor Multi Projects Limited secures Rs 19.39 crore contract from NHAI for Paranur Fee Plaza upkeep

Hazoor Multi Projects Ltd. is currently down 0.54% to Rs 20.41, extending a recent decline that has seen the stock fall 3.73% over the last one week. Hazoor Multi Projects Limited announced it has been awarded a Letter of Award (LOA) by the National Highways Authority of India (NHAI) for collection of user fee and upkeep/maintenance services at the Paranur Fee Plaza on NH-45 in Tamil Nadu. The contract, secured through competitive bidding, spans a one-year period and is valued at Rs 193,85,14,635. The project covers the section from km 28.000 to km 74.500 (Tambaram - Tindivanam Section) and includes maintenance of adjacent toilet blocks, with the LOA dated August 25th, 2026. Trading volume reached 7.78 lakh shares today, a surge of 1194.69% compared to the average volume over the past week. Hazoor Multi Projects Ltd remained flat year-over-year, contrasting with a 2.54% decline in the NIFTY50 index.