Stock market update: Shares of diversified player Hazoor Multi Projects Ltd (HMPL) gained over 7 per cent on Tuesday i.e. April 1 2025 as the company has informed exchanges that its subsidiary Square Port Shipyard Pvt. Ltd has secured an order from a shipping company located in the United Kingdom. The stock opened in green at Rs 43.55 against the previous close of Rs 41.86 on the BSE. This is a gain of 4.04 per cent. The scrip surged further to touch the high of Rs 44.99 - a gain of 7.48 per cent. Share Price History The scrip has given a multibagger return of 374 per cent in two. Also it has given a massive 1820 per cent in three years. But the stock has corrected 18.40 per cent so far this year. The Square Port Shipyard at Dabhol which is a subsidiary of HMPL was earlier owned by Bharati Defence Infrastructure Limited which went into insolvency in 2017-18. Square Port Shipyard Pvt. Ltd. a subsidiary of Hazoor Multi Projects Limited has secured an order from a shipping company located in the United Kingdom. The all-important steel cutting ceremony which marks the initiation of the ship building activity was carried out on the auspicious occasion of Gudi Padwa at their shipyard located at Dabhol - Usgaon the company said in an exchange filing. Earlier the company secured a Rs 102 crore order to provide steel works in Maharashtra. The project has been awarded by Venkatesh Infra Projects and will be executed in six months the company said in a statement on Sunday. Before this it bagged a new work order from the National Highways Authority of India (NHAI). It has received a letter of acceptance (LoA) from the NHAI for acting as a user fee collection agency at Bijora Toll Plaza in Maharashtra HMPL said in a statement. HMPL provides engineering procurement and construction services in renewable energy and building road projects segments.