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Shares of Hazoor Multi Projects Ltd (HMPL) are in focus as the company has informed exchanges that it has formally submitted binding offers to acquire part of Gammon Engineers and Contractors Private Limited (GECPL) a subsidiary of Gammon India Limited. HMPL views this opportunity as a strategic fit to expand its EPC portfolio and enhance its presence in the infrastructure sector the company said in an exchange filing. Share Price Today The stock started todays trading session in the green at Rs 44.70 against the previous close of Rs 43.62 on the BSE. However the counter dipped amid profit booking and touched the intraday low of Rs 42.30. Last seen it was trading at Rs 43.40 with a fall of 0.50 per cent from the closing price of the last trading session. The 52-week high of the stock which is the highest price the stock has reached in the past year is Rs 63.90. The 52-week low which is the lowest price the stock has reached in the past year is Rs 32. The market cap of the company is Rs 947.24 crore. Share Price History According to the BSE Analytics the stock has made investors richer by 233.87 per cent in two years demonstrating the companys strong performance. While it has gained 16.35 per cent in one year the counter has corrected 18.64 per cent so far this year. Wins Order From Oil India Hazoor Multi Projects recently announced that one of its arms has bagged a Rs 280.1 crore order from Oil India Ltd to rent out a drilling rig. The state-owned Maharatna company has given the contract to Quippo Oil and Gas Infrastructure which was acquired by Hazoor recently. Earlier it incorporated a new arm to undertake power and renewable energy projects. The development comes after the company informed about its plans to set up a 500 MW solar project in Andhra Pradesh at an investment of Rs 2500 crore last month and a 1.2 GW capacity solar park in Solapur Maharashtra in January. Mumbai-based HMPL provides engineering procurement and construction services in renewable energy and building road projects segments. With PTI inputs