News Orders & Deals Hazoor Multi Projects Secures ₹182.95 Crore Work Order from Tata Steel for Residential ConstructionHazoor Multi Projects Secures ₹182.95 Crore Work Order from Tata Steel for Residential Construction
Hazoor Multi Projects has been awarded a ₹182.95 crore work order from Tata Steel for residential unit construction. The significant contract represents a major business milestone for the company, which has a market capitalization of ₹770 crores, and demonstrates Tata Steel's confidence in the firm's construction capabilities.
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Hazoor Multi Projects has announced securing a significant work order valued at ₹182.95 crores from Tata Steel for the construction of residential units. This substantial contract award marks a notable business development for the construction company.
Order Details
The work order encompasses the development of residential units for Tata Steel, though specific details about the project location, timeline, and scope were not disclosed in the announcement.
| Parameter: | Details |
|---|---|
| Order Value: | ₹182.95 crores |
| Client: | Tata Steel |
| Project Type: | Residential Units Construction |
| Company Market Cap: | ₹770 crores |
Business Impact
This order represents a significant addition to Hazoor Multi Projects' portfolio, particularly given the company's current market capitalization of ₹770 crores. The contract with Tata Steel, one of India's leading steel manufacturers, demonstrates the company's capability to secure orders from established industrial clients.
The residential construction project aligns with Tata Steel's infrastructure development initiatives and showcases Hazoor Multi Projects' expertise in the construction sector. This partnership could potentially lead to future collaboration opportunities between the two companies.
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