# NHAI Awards Rs 193 Crore Toll Plaza Contract to Hazoor Multi Projects as Stock Trades Near 52-Week Low > Hazoor Multi Projects Limited has secured a Rs 193 crore contract from NHAI for toll collection and maintenance at Paranur Fee Plaza on NH-45 in Tamil Nadu. Although the small-cap stock has surged 1210% over five years, it has corrected nearly 44% in 2026. **Type:** article · **Category:** Market · **Published:** 2026-08-27 · **Source:** TrendKia **Canonical:** https://trendkia.com/en/market/hazoor-multi-projects-ko-mila-nhai-se-193-karora-rupaye-ka-theka-janen-1200-ritarna-dene-vale-sheyara-ka-hala-23057 · **Language:** English **Tags:** Hazoor Multi Projects, NHAI Contract, Small Cap Stock, Paranur Fee Plaza, Stock Market News, BSE, Tamil Nadu Infrastructure Civil construction firm Hazoor Multi Projects Limited saw significant trading activity on Thursday following a strategic business milestone. Investor interest surged after the company announced securing a substantial highway contract valued at Rs 193 crore from the National Highways Authority of India (NHAI). The contract grants the company rights for toll collection and infrastructure upkeep on a major traffic corridor in Tamil Nadu. ## NHAI Order Details and Toll Plaza Location According to the official communication issued by Hazoor Multi Projects Limited, the company received a formal Letter of Award dated August 25, 2026, from the National Highways Authority of India. The Rs 193 crore contract was secured through a process of competitive bidding among infrastructure entities. Under the terms of the awarded project, Hazoor Multi Projects will function as the official user fee collection agency at the Paranur Fee Plaza, situated at kilometer 52.820 on National Highway 45 (NH-45) in the state of Tamil Nadu. The project scope encompasses the highway stretch from kilometer 28.000 to kilometer 74.500, connecting the Tambaram and Tindivanam sections. In addition to managing daily user fee collection from passing vehicles, the contract mandates Hazoor Multi Projects to oversee the continuous upkeep and maintenance of adjacent public toilet facilities along the highway corridor. This operational responsibility includes regularly recouping essential consumable items to ensure hygiene and traveler convenience at the plaza area. ## Stock Performance and Intraday Trading Movement During Thursday's intraday trading session on the BSE, shares of Hazoor Multi Projects Limited registered noticeable volume and price action. By 2:13 PM, the stock was trading flat at Rs 20.35 per share, giving the small-cap civil construction company a total market capitalisation of Rs 585.32 crore on the BSE exchange. The trading session was marked by intraday price fluctuations. The share price reached an intraday high of Rs 20.99 per share earlier in the day before experiencing selling pressure that pulled it down to an intraday low of Rs 17.52 per share. Investors closely tracked the stock as market participants weighed the financial impact of the new NHAI contract win against prevailing market trends. ## Five-Year Multi-Bagger Rally Versus Recent Correction Hazoor Multi Projects Limited has established a noteworthy track record of long-term wealth creation for equity investors. Over a five-year horizon, the scrip has surged by approximately 1210%, scaling up from penny stock valuations to become a prominent small-cap player under Rs 50. This multi-year rally reflected expanding operations and consistent order procurement in the civil engineering domain. However, the stock has undergone a major price correction over recent months. Despite its long-term growth trajectory, the share value has declined by around 36% over the past six-month period. Looking at the Year-To-Date performance, the stock has lost nearly 44% of its value in 2026 so far. The stock's 52-week price movement highlights this period of volatility. Hazoor Multi Projects touched its 52-week peak of Rs 43.50 per share on August 29, 2025. Conversely, it hit its 52-week low of Rs 17.52 per share on August 27, 2026, during the Thursday trading session. From a fundamental perspective, the company currently maintains a Return on Equity (ROE) of 5.12%. ## Operational Scope and Infrastructure Outlook The acquisition of the Paranur Fee Plaza contract reinforces Hazoor Multi Projects' positioning in commercial road infrastructure management. Managing toll plazas on heavy-density routes such as the Tambaram-Tindivanam section of NH-45 provides steady operational revenue and cash flows over the duration of the agreement. As public road networks expand across India, toll management and facility maintenance contracts represent steady growth avenues for specialized civil firms. Market analysts and retail investors will continue watching how efficiently Hazoor Multi Projects executes its new NHAI mandate and whether this contract win provides momentum for stabilizing its stock performance in upcoming trading sessions. ## What this means for you This news offers important insights for equity investors following small-cap infrastructure companies and toll management contractors. - **Across India:** Small-cap infrastructure investors receive a signal of ongoing project execution capability in government highway projects. Successful order wins help validate revenue visibility for civil construction contractors. - **In Tamil Nadu:** Commuters on the Tambaram to Tindivanam stretch of NH-45 will see Hazoor Multi Projects taking charge of Paranur Fee Plaza toll collection and public toilet maintenance. Improved upkeep of facilities could enhance traveler convenience along this busy corridor. - **For Stock Investors:** Potential investors can evaluate the stock's operational progress against its recent steep correction of 44% in 2026. Understanding contract values like this Rs 193 crore win helps in analyzing medium-term fundamental strength. - **For Portfolio Risk Management:** Wealth managers and retail traders are reminded of the high volatility inherent in small-cap scrips under Rs 50. Multi-bagger historical returns do not shield stocks from sharp short-term pullbacks. ## Questions & Answers ### 1. What contract did Hazoor Multi Projects receive from NHAI? Hazoor Multi Projects was awarded a Letter of Award worth Rs 193 crore by NHAI for user fee collection at Paranur Fee Plaza and maintenance of adjacent toilet blocks on NH-45 in Tamil Nadu. ### 2. Where is the Paranur Fee Plaza located? The fee plaza is located at kilometer 52.820 on the 46.5 km Tambaram to Tindivanam section (km 28.000 to km 74.500) of National Highway 45 (NH-45) in Tamil Nadu. ### 3. How has Hazoor Multi Projects stock performed over the last 5 years? Over the past five years, the stock has delivered extraordinary multi-bagger returns of around 1210% to its long-term investors. ### 4. What are the 52-week high and low prices for Hazoor Multi Projects shares? The stock reached a 52-week high of Rs 43.50 on August 29, 2025, and hit a 52-week low of Rs 17.52 on August 27, 2026. ### 5. What is the current market capitalisation and ROE of Hazoor Multi Projects? As of Thursday's trading session, the company had a market capitalisation of Rs 585.32 crore on BSE and a Return on Equity (ROE) of 5.12%. --- _TrendKia — Har trend, sabse pehle.. Machine-readable view; canonical HTML at the URL above._