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Hazoor Multi Projects Shares Shot Up 3% on Bagging Order Worth Rs 17 Crore

The order also includes acting as the collection agency for the Bogalur Fee Plaza.

Shares of Hazoor Multi Projects Ltd were trading in the green and 3% higher on 13 September after the company announced receiving a letter of award (LoA) for a project worth Rs 17.94 crore from the National Highways Authority. 

In its regulatory filing, the company said that it had secured LoA to undertake the upkeep and maintenance of toilet blocks, including recouping the consumable items at Bogalur Fee Plaza at Km. 98.129 for a tenure of 1 year. 

The order also includes acting as the collection agency for the Bogalur Fee Plaza at Km. 98.129 for the section Madurai- Paramakudi – Ramanathapuram from km.55.000 to km.120.484 of NH-9 in the state of Tamil Nadu. 

Earlier, the company received a work order from the National Highways Authority of India worth Rs 2.59 crore for acting as a user fee collection agency at Mulawad FP for widening to 2 lanes with paved shoulders from Km. 4.40 to 56.00 of NH218 Bijapur Hubli section in the state of Karnataka.

Hazoor Multi Projects Ltd was founded in 1992, and is in the business of infrastructure development as an EPC contracting company. 

At 2:50 pm, the shares of Hazoor Multi Projects were trading 2.09% higher at Rs 605 on NSE. 

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