Hazoor Multi Projects Limited has informed exchanges that it has issued 1077000 new shares. At the time of writing the news the companys shares were trading at Rs 44.79 per share with a decline of 1.56 percent. However it has an intraday high of Rs 45.99 on the BSE. This is a gain of 1.07 per cent from previous close of Rs 45.50. Why were new shares issued? The company said in the stock exchange filing that in the companys meeting the members decided to issue new shares. New shares were issued at the rate of Rs 30 per share with a face value of Re 1 and a premium of Rs 29. The company has given these shares to non-promoters / public category. Now the question is what will be the effect of issuing so many new shares? Some experts believe that the price may fall due to more shares but the company believes that this will strengthen their financial position and will benefit in the long run. Let us tell you that the company still has about 90 lakh more warrants which can be converted into shares in future. Due to this the share price may change again in the coming time. Hazoor Multi Projects Limited Share Performance In March 2025 the shares of Hazoor Multi Projects saw some volatility. The share price was Rs 36.98 on March 3 which increased to Rs 42.40 by March 11. However it also declined slightly by the end of March. However the share price of Hazoor Multi Projects was quite low in 2019. But by 2024 it saw a tremendous jump. In 5 years this stock has given a return of about 29533.33 per cent. This means that if someone had invested Rs 1 lakh in this company 5 years ago his capital would have become crores of rupees. Financial performance of the company If we look at the financial figures of the company its total revenue was Rs 494.60 lakh in March 2023 which increased to Rs 776.19 lakh in March 2024.