New Delhi, Nov. 26 -- Hazoor Multi Projects share price surged nearly 10% during Wednesday's trading session, following the recent contract win by the small-cap firm.

The company has received a Letter of Award from the National Highways Authority of India (NHAI), designating it as the operating agency for user fee and toll collection at the Rampura Toll Plaza on NH 5488 (Vijayapur-Sankeshwar section) in Karnataka. The awarded contract, valued at Rs.13.87 crore, was secured through a competitive e-tendering process, highlighting the company's expertise in managing critical infrastructure services.

The contract encompasses not only toll collection but also the upkeep of associated toilet facilities, ensuring comprehensive service for trav...