Archive · 19 Aug 2025
Hazoor Multi Projects Stock Rises on Business Developments
Imagine a small company named Hazoor Multi Projects.
Its stock price went up a bit.
The company wants to buy part of another company, Gammon Engineers, which builds things.
Also, their other company, Quippo, got a big job from Oil India, a government-owned company.
Hazoor made a lot more money in the first three months of this year compared to last year.
They made almost 50% more profit, and their sales more than doubled, showing they are doing well.
Hazoor Multi Projects stock saw an intraday gain of approximately 1.9% during trading.
The company submitted a binding offer to acquire a portion of Gammon Engineers' EPC business.
Quippo Oil & Gas, a subsidiary of Hazoor, secured a ₹280.1 crore contract from Oil India Limited.
Hazoor's net profit for Q1FY26 reached ₹13.79 crore, a 45.77% increase year-over-year.
Revenue for the same period increased by 156.22% to ₹180.12 crore.
- Who
- Hazoor Multi Projects and its subsidiary, Quippo Oil & Gas.
- What
- Share price increase and business developments for Hazoor Multi Projects.
- When
- Intraday trading on Tuesday, August 2025, with recent announcements from August 2025.
- Where
- BSE (Bombay Stock Exchange).
- Why
- Due to fresh business developments, strong order inflows and robust financial performance.
- Stock Movement
- Intraday gains of ~1.9%
- Company
- Hazoor Multi Projects (HMPL)
- Subsidiary
- Quippo Oil & Gas Infrastructure Ltd.
- Q1FY26 Net Profit
- ₹13.79 crore
- Q1FY25 Net Profit
- ₹9.46 crore
- Revenue increase
- 156.22%
- Contract value
- ₹280.1 crore
- Contractor
- Oil India Limited