Stock under Rs 50 gains in a weak market – Here’s why

Shares of infra-to-energy player Hazoor Multi Projects Ltd edged higher on Tuesday, June 17, 2025, despite weak trends on Dalal Street. The share started the session at Rs 40.99 on the BSE against the previous close of 40.59. This is a gain of nearly 1 per cent. The momentum continued, and the stock touched the intraday high of Rs 41.49. The positive momentum in the stock is being seen after six consecutive days of decline. Last seen, the stock was trading at Rs 40.80 with a gain of 0.52 per cent from the previous close. The stock trades lower than the 5-day, 20-day, 50-day, 100-day and 200-day moving averages. The 52-week high of the stock is Rs 63.90, and the 52-week low is Rs 32. The market cap of the company is Rs 874.80 crore.