Shares of Hazoor Multi Projects Ltd (HMPL) were locked in a 20 per cent upper circuit on Monday July 7 2025. The surge comes after the company informed exchanges that it has won a significant order worth Rs 913 crore from Apollo Green Energy (formerly Apollo International). This order is for the execution of a 200 MW grid-connected solar photovoltaic (PV) project in Gujarat a major development that has positively impacted the companys stock performance. The stock opened at Rs 47.60 against the previous close of Rs 39.67. Last seen it held firmly in green and was trading at Rs 46.20. In between the counter hit the low of Rs 44.55. The stock hit its 52-week high of Rs 63.90 on September 12 2025 and its 52-week low of Rs 32 on March 3 2025. The market cap of the company is Rs 1008 crore. Share Price History The stock has been gaining for the last two days and has risen around 18 per cent in this period. This recent surge in stock price is a significant development. Technically the counter trades higher than the 5-day 20-day 50-day and 100-day moving averages but lower than the 200-day moving averages. The company has a strong track record having given a multibagger return of 237 per cent in two years and 1325 per cent in three years. However the scrip has corrected over 13 per cent so far this year. Value Of The Project As per the information shared the value of the awarded project is Rs 913 crore. The project will take place at the Gujarat State Electricity Corporations (GSECL) Renewable Energy Solar Park in Khavda (Stage-3). The companys strategic planning is evident in the work it has undertaken which includes designing supplying constructing testing and commissioning the solar power plant according to a regulatory filing. The order needs to be executed by March 2026. Meanwhile benchmark indices Sensex and Nifty declined in early trade on Monday amid caution ahead of the July 9 US tariff deadline weak trends in Asian markets and foreign fund outflows. Despite the volatile trends engulfing markets during the early trade amid concerns surrounding the US-India trade deal experts noted the companys resilience. The 30-share BSE Sensex declined 170.66 points to 83262.23 in early trade. The 50-share NSE Nifty dipped 53.75 points to 25407.25.