Hazoor Multi Projects' Stock Sees Strong Performance and Bulk Deals, MarketsMOJO Rates 'Hold'

Hazoor Multi Projects, a microcap real estate company, has recently been given a 'Hold' rating by MarketsMOJO. The company's stock has been making headlines with its recent bulk deals on the Bombay Stock Exchange (BSE).

On December 29, 2023, Multiplier Share & Stock Advisors Private Limited bought 5,000 shares of Hazoor Multi Projects at Rs 336.5 per share. The same day, they also sold 1.04 lakh shares at Rs 336 per share. On December 21, Nexpact Limited purchased 90,900 shares at Rs 304.95 per share, while on December 19, Build Ash Constructions Llp bought 2.1 lakh shares at Rs 282.73 per share. On the same day, Mellora Infrastructure Pvt.ltd sold 1 lakh shares at Rs 282.75 per share.

In another deal on December 12, Blavanya Blavanya sold 1 lakh shares at Rs 284.2 per share, while Caterfield Global Dmcc bought 1.5 lakh shares at the same price. Saibabu Bandla also sold 1 lakh shares at Rs 284.2 per share on the same day. On December 8, Blavanya Blavanya sold 1.7 lakh shares at Rs 257.85 per share. The latest deal on December 6 saw Mona Laroia buying 9,000 shares at Rs 233.95 per share.

Despite these bulk deals, Hazoor Multi Projects' stock is currently trading 2.03% away from its 52-week high of Rs 364.15. It has also outperformed the sector by 1.89% today. The company's stock is trading higher than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages.

In terms of performance, Hazoor Multi Projects has outperformed the Sensex by 1.99% in the last 1 day and 60.15% in the last 1 month. This is significantly higher than the Sensex's performance of 0.25% and 3.94% respectively.

Overall, Hazoor Multi Projects' stock is showing positive signs with its recent bulk deals and strong performance in the market. Investors are advised to hold their positions for now, as suggested by MarketsMOJO.