Multibagger small-cap stock: Hazoor Multi Projects will be in focus of the stock market investors on Tuesday, 8 July 2025, after the company submitted a response to the exchanges on its ₹913 crore solar project order book update. The real estate development company said that it will arrange the “necessary financing” for the project.
“Regarding the letter of award to Hazoor Multi Projects Ltd from Apollo Green Energy Limited (AGEL) for NHPC -200 MW, Engineering, Procurement & Construction (EPC) Contract for Design, Engineering, Supply, Construction, Erection, Testing, and Commissioning of 200 MW Gridconnected Solar PV Power Project in GSECL’s RE Solar Park at Khavda (Stage-3) in Gujarat, we wish to informand clarify the stock exchange that the Company will arrange necessary financing for the above project value of ₹913 crore,” the company informed BSE in an exchange filing.
The company also disclosed that, as per the original exchange filing, Hazoor Multi Project was set to share 5% of the contract value with AGEL. However, now AGEL mentions that they will share 5% of the contract value in lieu of financing the project.
Hazoor Multi Projects Share Price
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 filed its clarification with the stock exchanges after market operational hours on 7 July 2025.
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