Hazoor Multi Projects Share Price Rises Over 2% as Company Announces Major Expansion and 20% Dividend

Market Performance

Despite weak sentiments prevailing across Dalal Street, Hazoor Multi Projects share price showed resilience during Tuesday's trading session.

• Previous Close: ₹40.59
• Opening Price: ₹40.99
• Intraday High: ₹41.49
• Intraday Gain: Over 2%

The stock, which is a small-cap under ₹50, displayed upward momentum even amid broader market volatility.

Main News: Strategic Business Expansion

Hazoor Multi Projects Ltd announced key business developments following a board meeting held on June 16, 2025. According to the regulatory filing with the Bombay Stock Exchange (BSE), the company's board has approved significant expansion plans across multiple industries.

Here are the sectors where Hazoor Multi Projects is set to expand its operations:

• Shipbuilding and Engineering
• Ship Repair and Maintenance
• Maritime Industry & Shipping Logistics
• Mining and Quarrying
• Oil and Gas Industry
• Crude Petroleum and Natural Gas Extraction
• Oilfield Equipment, Services & Drilling
• Engineering, Procurement & Construction (EPC)
• Environmental Engineering & Waste Management
• Hospitality, Lodging & Food Services
• Travel and Tourism

To facilitate this expansion, the company will insert new sub-clauses into its Memorandum of Association to reflect the updated scope of operations.

Company Details: Dividend Announcement

Hazoor Multi Projects' board has proposed a final dividend for the financial year 2024–2025.

• Dividend per Share: Re. 0.20
• Face Value of Share: Re. 1
• Dividend Yield: 20%

The proposed dividend is pending shareholder approval at the upcoming Annual General Meeting (AGM). Upon approval, the dividend will be disbursed within the legally defined timeline.

Hazoor Multi Projects Share Price Movement

The Hazoor Multi Projects share price showed an encouraging trend despite market weakness:

• The share opened 0.98% higher at ₹40.99 on the BSE.
• It reached an intraday high of ₹41.49, gaining over 2% from its previous close.
• The price action indicates positive investor sentiment in response to the company's business announcements.

Summary

Hazoor Multi Projects Ltd, a small-cap stock trading under ₹50, stood out on Dalal Street by recording gains even as the broader market remained subdued. 

• Strategic multi-sector business expansion
• A 20% final dividend recommendation

With diversification across the maritime, oil and gas, EPC, and hospitality sectors, Hazoor Multi Projects' share price remains in focus amid strong corporate developments.