Hazoor Multi Projects Ltd (HMPL) shares, from a real estate firm, opened 2% higher on Monday, December 29, 2025. Stock markets began the day mixed. The stock started at Rs 38.17 on BSE, above the prior close of Rs 37.42. Profit taking soon pushed it down. It hit a low of Rs 36.17, off 3.34% from the last close. This drop followed two straight gain days. Sensex and Nifty shed early rises and turned red. The stock last traded at Rs 36.64, down 2.08%. Company market cap hit Rs 841.03 crore.
On charts, it stays above the 50-day moving average. Yet it trades below the 5-day, 20-day, 100-day, and 200-day averages. Its 14-day RSI reads 53. Over 70 signals overbought. Under 30 points to oversold.
Company board approved 1,89,11,320 equity shares. This came from converting 18,91,132 warrants. Each share has a Re 1 face value. They went to non-promoter buyers on a preferential basis. Price was Rs 30 per share, with Rs 29 premium.
Buyers paid Rs 225 per warrant. That covered 75% of the full price. Total funds raised: Rs 42.55 crore.
In Q2 FY26, sales fell 33.30% to Rs 102.11 crore. Last year same period: Rs 153.08 crore. Net loss stood at Rs 9.93 crore. Prior year showed Rs 11.02 crore profit.
Before that, firm won two NHAI orders worth Rs 277 crore.