Market Performance
The stock market today saw Hazoor Multi Projects Limited (HMPL) making headlines. The small-cap stock, currently trading under ₹50, has been in focus after announcing a key corporate action and updates on its recent business developments.
On Friday, August 29, Hazoor Multi Projects’ share price rose 2.7%, touching an intraday high of ₹43.50. While the stock has rewarded long-term investors with an extraordinary gain of nearly 44,120% over the last five years, its short-term journey has been volatile:
- In the past one year, the stock slipped 0.5%.
- On a year-to-date (YTD) basis in 2025, it is down 16%.
- The 52-week high of ₹63.90 was hit on September 12, 2025.
- The 52-week low of ₹32 was recorded on March 3, 2025.
This contrasting performance shows how the stock remains a mix of staggering long-term growth with recent short-term pressure.
Main News – Dividend Update
The company has set September 22, 2025, as the cut-off date to finalize shareholders entitled to receive the upcoming dividend.
For FY 2024–25, the board has proposed a final dividend of Re 0.20 per equity share (face value Re 1), amounting to 20%.
The payout will be subject to shareholder approval at the company’s 33rd Annual General Meeting (AGM), scheduled for September 29, 2025.
In its stock exchange filing, the company noted that entitlement will be determined based on details furnished by NSDL and CDSL as of the record date.
Company Details & Recent Developments
Founded in 1992 and headquartered in Mumbai, Hazoor Multi Projects Limited operates in the real estate and infrastructure sector. The company has recently taken big steps toward expanding its footprint in India’s energy services space.
Earlier this month, its subsidiary Quippo Oil & Gas Infrastructure Ltd secured a ₹280.1 crore contract from Oil India Limited, a Maharatna PSU. The contract involves the charter hire of a drilling rig, strengthening Quippo’s role in upstream oil and gas services and marking HMPL’s entry into the energy sector.
Currently, Quippo owns 14 advanced drilling rigs, positioning HMPL to participate in India’s growing energy infrastructure.
Summary
- Record date for final dividend: September 22, 2025
- Dividend payout: Re 0.20 per share (20%)
- AGM date: September 29, 2025
- Recent contract win: ₹280.1 crore from Oil India via Quippo subsidiary
- Stock performance: +44,120% in 5 years, -16% YTD 2025
Hazoor Multi Projects share price remains a blend of massive long-term wealth creation with near-term fluctuations. With its dividend declaration and energy sector foray, the company continues to stay in the spotlight for market watchers.
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