Hazoor Multi Projects Ltd, a small-cap company with a market capitalization of around ₹630 crore, saw its shares rise 4.5% despite a broad market sell-off on Monday. The stock, trading under ₹20, gained momentum after the company received toll fee collection orders worth over ₹77 crore within two days, according to livemint.com.
The surge followed two toll fee collection orders totaling ₹49.49 crore awarded on October 10, 2026, and a subsequent order worth ₹28.10 crore received on Monday. Market expert Anuj Gupta noted that the fresh orders, amounting to more than ₹77 crore in total, fueled positive sentiment among investors, helping the stock outperform major indices such as the Nifty 50, BSE Sensex, and Bank Nifty, which all declined sharply during the session, per livemint.com.
This development highlights the resilience of select small-cap stocks amid broader market weakness. Hazoor Multi Projects’ ability to secure substantial toll fee contracts distinguishes it from peers, supporting its stock price despite adverse market conditions. The company’s recent order wins underscore its operational strength in the toll collection sector, a niche attracting investor interest as infrastructure projects continue to expand in India, according to livemint.com.
Hazoor Multi Projects’ market cap stands at approximately ₹630 crore, with the latest toll fee collection orders totaling ₹77.59 crore received over two days, as reported by livemint.com.