Hazoor Multi Projects Posts Significant Gain Amid Volatile Trading on Dalal Street

Hazoor Multi Projects Share Price Jumps 3.55% on CRISIL Ratings Assignment

Key Highlights:

• Hazoor Multi Projects' share price surged 3.55% to ₹33.51 apiece on the BSE on Thursday, driven by strong buying momentum.
• The CRISIL Ratings assignment to the bank facilities of Hazoor Infra Projects Limited, a material subsidiary of Hazoor Multi Projects, contributed to the rally.
• CRISIL assigned a 'CRISIL BBB+/Stable' rating to the long-term bank facilities aggregating to ₹476 crore, indicating adequate safety with a stable outlook.
• The rating agency also assigned a 'CRISIL A2' rating to the short-term bank facilities, reflecting a strong degree of safety regarding timely payment of financial obligations.

Ratings Assignment Details:

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• The rating reflects healthy debt protection metrics, with CRISIL adjusted average debt service coverage (DSCR) expected at 1.10-1.20 times over the balance tenure of the debt.
• Liquidity is supported by a debt service reserve account (DSRA) equivalent to six months of debt servicing obligation, amounting to ₹24 crore, maintained in the form of fixed deposit (FD) as on January 31, 2026.
• The company will also create a major maintenance reserve account (MMRA) as per the base case business plan submitted to the lender.

Share Price Performance:

• Hazoor Multi Projects share price has risen 2% in one month, but has fallen 15% in three months.
• The smallcap stock has declined 27% in six months, while it has dropped 23% in one year.
• Hazoor Multi Projects stock price has delivered multibagger returns of 244% in three years, and a staggering 10,600% over the past five years.