The counter opened at Rs 402.50 on the BSE, a gain of around 5 per cent from the previous close of Rs 382.35 on the BSE.
HMPL emerges lowest bidder for Rs 274 crore project from Maharashtra State Infrastructure Development Corporation Shares of Hazoor Multi Projects Ltd. hit 5 per cent upper circuit on Tuesday as the company has informed exchanges that it has emerged as the lowest bidder for a project from Maharashtra State Infrastructure Development Corporation (MSIDC). The project is worth Rs 273.74 crore.
The counter opened at Rs 402.50 on the BSE, a gain of around 5 per cent from the previous close of Rs 382.35 on the BSE. “We are pleased to inform you that the Company has emerged as Lowest Bidder for the Project of Maharashtra State Infrastructure Development Corporation (MSIDC),” the company said in an exchange filing.
According to the information, the project is related to the widening and improvement of Paldhi Amalner Dondaicha Nandurbar Dhanora to Gujarat State Border Road SH-6 KM 121/200 To 169/500 Tal.Dist. Nandurbar on engineering procurement and construction (EPC) mode. The company will get 912 days to complete the project.
Earlier, the Mumbai-based construction company fixed the record date for its first interim dividend for the financial year 2024-25.
(Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. Readers are encouraged to consult with a qualified financial advisor before making any investment decisions.)
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