Infrastructure company receives order worth Rs 27,15,60,000 from National Highways Authority of India
Om DSIJ / 13 Mar 2026 / Categories: Mindshare, Trending
From Rs 0.34 per share to Rs 29 per share, the stock has surged over 8,400 per cent in the last five years
The share price of Hazoor Multi Projects Limited are in focus, after the company announced that it has secured a new project from the National Highways Authority of India (NHAI). According to the company’s regulatory filing, Hazoor Multi Projects Limited has received a Letter of Award (LOA) for acting as the user fee collection agency at the Chowlaggere fee plaza located at Km 193.020 on the Hassan–Maranahally section of NH-48 in Karnataka.
Hazoor Multi Projects Secures Rs 27.15 Crore Order from NHAI
Hazoor Multi Projects Limited has received a Letter of Award (LOA) from the National Highways Authority of India (NHAI) for acting as the user fee collection agency at the Chowlaggere fee plaza located at Km 193.020 on the Hassan to Maranahally section of National Highway-48 in Karnataka. The project has been awarded through a competitive e-tendering process.
According to the company’s filing, the total contract value stands at approximately Rs 27.15 crore, and the execution period of the order is one year. The scope of work includes collection of user fees at the toll plaza along with upkeep and maintenance of adjacent toilet blocks, including recouping consumable items.
The project is related to the four-laning of the Hassan (Existing Km 189+700, Designed Ch. 184+912) to Maranahally (Existing Km 237+000, Designed Ch. 230+060) stretch of NH-48, an important highway corridor in the state of Karnataka
About Hazoor Multi Projects Limited
Hazoor Multi Projects Limited is an India-based infrastructure and Construction company engaged in the development and execution of engineering, procurement, and construction (EPC) projects, particularly in the road and highway sector. The company primarily focuses on infrastructure development, project management, and construction activities, including projects awarded by government authorities and public sector entities.
Hazoor Multi Projects Limited currently has a market capitalisation of Rs 752 crore. The company has reported a Return on Capital Employed (ROCE) of 14.1 per cent and a Return on Equity (ROE) of 11.4 per cent, indicating moderate profitability levels. Over the long term, the company has maintained a median sales growth of around 17.1 per cent over the past ten years, reflecting steady expansion in its business operations.
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