Archive · 11 Aug 2025
Hazoor Multi Projects Gains on Oil India's ₹280 Crore Project
Hazoor Multi Projects, a company that has performed very well in the stock market, received a major contract worth ₹280.1 crore from Oil India.
This deal involves renting out a drilling rig.
The company's stock price rose during the day.
Investors who invested in the company five years ago have seen huge returns of about 36,700% on their investment.
The company's subsidiary Quippo is expanding its operations in the oil and gas industry.
Hazoor Multi Projects' subsidiary secured a ₹280.1 crore project from Oil India.
The project involves charter hire of an oil drilling rig.
The contract win boosts Quippo's position in oil and gas services.
Shares saw intraday gains, with a high of ₹46.
The stock has delivered approximately 36,700% returns in five years.
- Who
- Hazoor Multi Projects and Oil India Limited.
- What
- Hazoor Multi Projects' subsidiary secured a ₹280.1 crore project from Oil India for an oil drilling rig charter.
- When
- Shares gained on Monday, August 11, 2025.
- Where
- India.
- Why
- The project strengthens Quippo’s position in oil and gas services and boosts revenue.
- Company
- Hazoor Multi Projects
- Project Value
- ₹280.1 crore
- Client
- Oil India Limited
- Stock High
- ₹46 (intraday)
- 5-Year Returns
- 36,700%
- Market Cap
- ₹962.52 crore (as of August 11, 2025)
- 52-Week High
- ₹63.90 (September 12, 2024)
- 52-Week Low
- ₹32 (March 3, 2025)
