{"id":144165,"date":"2025-02-03T14:52:28","date_gmt":"2025-02-03T09:22:28","guid":{"rendered":"https:\/\/tradebrains.in\/features\/?p=144165"},"modified":"2025-02-03T14:52:30","modified_gmt":"2025-02-03T09:22:30","slug":"stock-under-60-jumps-after-it-plans-to-invest-2500-cr-for-solar-project-in-andhra-pradesh","status":"publish","type":"post","link":"https:\/\/tradebrains.in\/features\/stock-under-60-jumps-after-it-plans-to-invest-2500-cr-for-solar-project-in-andhra-pradesh\/","title":{"rendered":"Stock under \u20b960 jumps after it plans to invest \u20b92,500 Cr for solar project in Andhra Pradesh"},"content":{"rendered":"<div class=\"trade-content_2\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-4123682327\"><p><a href=\"https:\/\/tradebrains.in\/get\/telegram\/\"><img decoding=\"async\" class=\"alignnone wp-image-101992\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2023\/01\/telegram-channel-300x119.png\" alt=\"\" width=\"148\" height=\"59\" \/><\/a> <a href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMN3Epgswxc--Aw?hl=en-IN&amp;gl=IN&amp;ceid=IN%3Aen\"><img decoding=\"async\" class=\"alignnone wp-image-123430\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png\" alt=\"follow-on-google-news\" width=\"222\" height=\"61\" srcset=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-300x82.png 300w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news-150x41.png 150w, https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2024\/05\/follow-on-google-news.png 468w\" sizes=\"(max-width: 222px) 100vw, 222px\" \/><\/a><\/p>\n<\/div><p>The shares of a small cap Infrastructure developer that recently ventured into renewable energy are in focus after it proposed its plan to set up a 500 MW solar project in Andhra Pradesh at an investment of Rs 2,500 Crores.<\/p><div class=\"trade-content_7\" style=\"margin-left: auto;margin-right: auto;text-align: center;\" id=\"trade-1142649380\"><!-- Composite Start --> \r\n <div id=\"M923760ScriptRootC1549812\"> \r\n <\/div> \r\n <script src=\"https:\/\/jsc.mgid.com\/t\/r\/tradebrains.in.1549812.js\" async> \r\n <\/script> \r\n <!-- Composite End --><\/div><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Share Price Movement<\/strong><\/h2><p>The shares of <strong><a href=\"https:\/\/portal.tradebrains.in\/stocks\/532467\" target=\"_blank\" rel=\"noreferrer noopener\">Hazoor Multi Projects Ltd<\/a><\/strong>, with a market capitalization of Rs 1,114.28 Crores, were trading flatter on Monday Noon, at Rs 53.65 per share. The shares generated a 37% return in the past 6 months, 48% returns in the past 1 year, 1,622% in the past 3 years, and generated an impressive return of 35,400% in the past\u00a0 5 years.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>What Happened<\/strong><\/h2><p>As per Media Reports, Hazoor Multi Projects Limited which recently ventured into the renewable energy sector plans to set up a 500 MW solar project in the Prakasam district of Andhra Pradesh. The company plans to invest Rs 2,500 Crores in the solar project and has already submitted a proposal to the Andhra Pradesh government, covering an area of 2,000 acres.<\/p><p>The AP government has said that NREDCAP ( New &amp; Renewable Energy Development Corporation) will assist in the progress of the successful execution of proposed solar projects. The company will submit its detailed project report (DPR) shortly as requested by the government.<\/p><div class=\"trade-content_5\" id=\"trade-2448135754\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_2_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"7925020301\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><p>On January 27, 2025, the company announced its entry into India&#8217;s green energy sector with the development of Maharashtra\u2019s first solar park, Chhatrapati Shivaji Maharaj Saur Urja Park (CSMSUP). The 1.2 GW solar park, located in Solapur district, will span 4,200 acres and feature 750-watt capacity solar panels. This project is a collaboration with a leading UK multinational company.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Financials<\/strong><\/h2><p>The company\u2019s Revenue from Operations increased by&nbsp; 119% from Rs 70 Crores in Q1FY25 to Rs 153 Crores in Q2FY25. Its Net Profits rose by 16% from Rs 9.5 Crores to Rs 11 Crores during the same period.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>Renewable Energy Sector<\/strong><\/h2><p>India&#8217;s energy demand is set to grow rapidly, driven by its size and development potential, requiring a shift to low-carbon, renewable sources. The country aims for net zero emissions by 2070 and 50% renewable electricity by 2030, contributing to global climate efforts. With government support and improved economics, the renewable sector has become increasingly attractive to investors.<\/p><h2 class=\"wp-block-heading has-medium-font-size\"><strong>About Hazoor Multi Projects Ltd<\/strong><\/h2><p>Hazoor Multi Projects Ltd. is a leading player in the Indian infrastructure sector, specializing in a diverse range of projects including road construction, bridges, flyovers, and other civil engineering works. With its recent venture into renewable energy, the company is now developing Maharashtra\u2019s first solar park.\u00a0<\/p><blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\"><p><strong>Written By Adhvaitha Nayani&nbsp;<\/strong><\/p><\/blockquote><p class=\"has-medium-font-size\"><strong>Disclaimer<\/strong><\/p><div class=\"wp-block-image\"><figure class=\"aligncenter size-medium\"><img decoding=\"async\" width=\"300\" height=\"300\" src=\"https:\/\/tradebrains.in\/features\/wp-content\/uploads\/2022\/02\/warning-disclaimer-300x300.png\" alt=\"\" class=\"wp-image-26306\"\/><\/figure><\/div><p><strong>The views and investment tips expressed by investment experts\/broking houses\/rating agencies on <a href=\"http:\/\/tradebrains.in\/\">tradebrains.in<\/a> are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing<\/strong>.<\/p><div class=\"trade-content-10\" id=\"trade-3755956960\"><script async src=\"https:\/\/pagead2.googlesyndication.com\/pagead\/js\/adsbygoogle.js?client=ca-pub-4023722985638610\"\r\n     crossorigin=\"anonymous\"><\/script>\r\n<!-- in_content_3_news -->\r\n<ins class=\"adsbygoogle\"\r\n     style=\"display:block\"\r\n     data-ad-client=\"ca-pub-4023722985638610\"\r\n     data-ad-slot=\"2969612066\"\r\n     data-ad-format=\"auto\"\r\n     data-full-width-responsive=\"true\"><\/ins>\r\n<script>\r\n     (adsbygoogle = window.adsbygoogle || []).push({});\r\n<\/script><\/div><div class=\"trade-after-content\" id=\"trade-1627275993\"><div id=\"taboola-below-article-thumbnails\"><\/div>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({\r\n    mode: 'alternating-thumbnails-a',\r\n    container: 'taboola-below-article-thumbnails',\r\n    placement: 'Below Article Thumbnails',\r\n    target_type: 'mix'\r\n  });\r\n<\/script>\r\n<script type=\"text\/javascript\">\r\n  window._taboola = window._taboola || [];\r\n  _taboola.push({flush: true});\r\n<\/script><\/div>","protected":false},"excerpt":{"rendered":"<p>The shares of a small cap Infrastructure developer that recently ventured into renewable energy are in focus after it proposed its plan to set up a 500 MW solar project in Andhra Pradesh at an investment of Rs 2,500 Crores. Share Price Movement The shares of Hazoor Multi Projects Ltd, with a market capitalization of [&hellip;]<\/p>\n","protected":false},"author":5,"featured_media":129661,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[31,1789],"tags":[26568,14482,14985,22109,14481,948,936,3157,23647],"class_list":["post-144165","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","category-trending-news","tag-hazoor-multi-projects","tag-hazoor-multi-projects-latest-news","tag-hazoor-multi-projects-latest-orders","tag-hazoor-multi-projects-new-orders","tag-hazoor-multi-projects-share-price","tag-stock-market","tag-stock-market-news","tag-stock-to-watch","tag-stock-under-60"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v20.5 (Yoast SEO v25.0) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stock under \u20b960 jumps after it plans to invest \u20b92,500 Cr for solar project in Andhra Pradesh - 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