Hazoor Multi Projects Share Price Soars to 40,000% in Just 5 Years! ๐๐ฐ
Investors in real estate-related companies have been offered multi-bagger returns, with Hazoor Multi Projects being one of them. The BSE-listed micro-cap company has provided investors with a whopping 40,000% return in just 5 years, changing the fortunes of many.
Recent Stock Performance ๐:
After announcing plans to raise funds, Hazoor Multi Projects’ shares remained in upper circuit for several days. However, on Friday, the shares closed in the red at 389.05 INR. The stock was down 1.99% from the previous day’s close. On Monday (April 15, 2024), the share was trading at 381 INR, down 1.99%.
Investor Wealth Creation ๐ฐ:
If an investor had invested 1 lakh INR in Hazoor Multi Projects’ equity shares five years ago and still holds them, their wealth would have crossed 4 crores INR. The share price was around 1 INR five years ago, showing an incredible growth.
Upcoming Board Meeting ๐ :
Hazoor Multi Projects has informed the stock exchanges that its board will meet on April 12 to consider proposals to increase the authorized share capital and raise funds to meet growing business needs.
Fundraising Plans ๐:
The company will raise funds through various means like equity shares, warrants, private placements, institutional placements, rights issues, or other methods to meet its expanding business requirements.
Financial Performance ๐:
In the third quarter of the previous financial year, Hazoor Multi Projects earned a net profit of 10.29 crores INR in the infrastructure and real estate business.
Stay tuned for more updates on Hazoor Multi Projects’ share price and future growth prospects!
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