Multibagger Small-Cap Stock Sees 8350% Returns in Five Years, Set to Gain Focus After NHAI Order Receipt

Hazoor Multi Projects Limited Secures New Order from NHAI

Market Capitalization: ₹667 crore

Key Highlights

• Hazoor Multi Projects Limited has secured a new order from the National Highways Authority of India (NHAI) for operating a user fee collection agency at the Chowlaggere fee plaza on NH-48 in Karnataka.
• The contract is valued at ₹27.15 crore and will be executed over a period of one year.
• The project involves user fee collection at the Chowlaggere toll plaza and the upkeep and maintenance of adjacent toilet blocks.

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Recent Performance

• Hazoor Multi Projects shares have crashed 10.5% in March amid a broader market sell-off.
• Over the last eight months, including March, the stock has closed six months in the red, losing a cumulative 33%.
• Despite the sharp pullback in recent months, the stock's long-term gains still look impressive.

Historical Performance Analysis

• Between April 2021 and September 2024, the small-cap stock rose from ₹0.43 apiece to ₹55.33, resulting in a massive gain of 12,767%.
• The stock delivered positive returns in five out of the last six years, with three of those qualifying as multibagger years.
• The standout year was 2021, during which it gained 724%, followed by 2023 and 2022, when it rallied 373% and 192%, respectively.
• Cumulatively, the stock has been trading 210% higher over the last three years and 8,730% higher over the last five years.

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