The stock price has risen significantly, surging over 45% in just one month and delivering an outstanding return of 254% in the last 6 months!
All major Asian indices rose today on the back of positive global signals and a healthy earnings season. India’s domestic index struggled early in the session, but was later boosted by strong gains in metals and industrials stocks.
Investors have been drawn to Hazoor Multi Projects thanks to an uninterrupted back-to-back upper circuit and recent company announcements.
The company has announced a rights issue proposal and the Rights Issuance Committee has now set January 20, 2023 as the eligibility date for shareholders entitled to issue rights at a rate of one for every two shares held on that date. It was decided as a reference date for determining sex. The start and end dates for the rights issue are February 3, 2023 and He February 20, 2023 respectively.
Hazoor Multi Projects’ stock price has risen significantly, surging over 45% in just one month, and has delivered an outstanding 254% return in the last 6 months!
On an intraday basis on Wednesday, Hazoor Multi Projects shares rallied, locking in a 5% up circuit at Rs 126.85 per share on the BSE to set a new 52-week high.
With healthy levels of RoE and RoCE, the stock has the lowest PE ratio when compared to its competitors. The company is engaged in the business of infrastructure and real estate. Keep an eye on this script for future sessions.