Small-cap inventory beneath Rs.a hundred: Hazoor Multi projects to foray into renewable green energy business
Small-cap inventory under Rs.100: Hazoor Multi projects Ltd (HMPL) on Monday, january 27, announced that the company is entering into a new enterprise section, the inexperienced strength commercial enterprise, with the improvement of Maharashtra's first solar park, in step with the change submitting.
The agency is growing the Chhatrapati shivaji Maharaj Saur Urja Park (CSMSUP) as an initiative in collaboration with a multinational organisation from the
uk
(united kingdom).
"The bold 1.2 GW potential solar park might be positioned throughout four,200 acres in Solapur district," stated the agency within the BSE filling.
in line with the filing facts, every solar panel at the park will feature a 750-watt capability to ensure power efficiency.
"The improvement of Chhatrapati shivaji Maharaj Saur Urja Park marks a sizable milestone in HMPL's journey in India. This challenge highlights our dedication to remodeling india right into a global chief in renewable energy. we're eager to make bigger our renewable power technology ability and are excited to open extra centers across the us of a in the coming years," said the organisation inside the BSE filling.
This move from the agency comes after its assertion on january 22, 2025, approximately its plans to recall
growth plans
into getting into new and emerging business segments.
Hazoor Multi tasks share price
Hazoor Multi tasks Ltd shares closed 4.sixty six in step with cent decrease at Rs.53.ninety six after Monday's
trading
consultation, as compared to Rs.56.60 on the previous inventory market near. The business enterprise announced the renewable electricity growth plans for the duration of the afternoon consultation of the indian stock market.
shares touched their 52-week high levels at Rs.63.90 on september nine, 2024, at the same time as the 52-week low level become at Rs.28.41 on march 28, 2024, consistent with facts collected from the BSE website. The market capitalisation of Hazoor Multi initiatives stood at Rs.1,119.sixty eight crore, as of 27 January's marketplace near.
stocks of Hazoor Multi projects have given investors over 35,800 in keeping with cent returns inside the remaining 5 years, and over 62 per cent returns inside the last one-year duration. HMPL shares on a yr-to-date (YTD) basis have given investors 0.ninety nine per cent returns.
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