Stock Market Today, Aug. 5 -- Small-cap stock under Rs.50 gained over 4% during intraday trades on Tuesday despite weak Indian markets. Check here what's driving gains for Hazoor Multi Projects Limited.

Through a competitive Swiss Challenge bidding procedure, Hazoor Multi Projects Ltd. (HMPL), one of India's fast-growing engineering and infrastructure companies, on 5 August 2025, announced the acquisition of Quippo Oil & Gas Infrastructure Ltd. (Quippo). By reaching this milestone, Hazoor Multi Projects formally enters the upstream oil and gas industry in India, focusing on offshore services. This marks the beginning of a new era of expansion, diversification, and long-term development.

The acquisition, which was accomplished through a ...