This ₹50 Stock Skyrocketed 33,500% – What’s Next?

Ranjit

7 hours ago

This ₹50 Stock Skyrocketed 33,500% – What’s Next?

This Tiny Stock Went Berserk—33,500% in 5 Years. What’s the Catch?

Let me tell you about Hazoor Multi Projects—a stock that’s basically the lottery winner of the Indian markets. Five years back? ₹50 per share. Today? Let’s just say early investors aren’t complaining. The latest spike came after some shady-sounding “preferential allotment” news. But here’s the thing—when insiders bet big on their own company, you gotta pay attention. Or at least wonder what they know that we don’t.

From Who-Cares to Millionaire-Maker

Honestly, nobody gave Hazoor a second look back in 2019. I mean, ₹50? Might as well buy samosas with that money. But then—plot twist—it started climbing like my electricity bill in summer. Strategic moves, financial cleanup, the usual corporate glow-up. But 33,500%? That’s not normal growth. That’s a rocket strapped to a Ferrari.

Inside the “Preferential Allotment” Drama

So here’s what happened: the company handed out 5.27 lakh shares to two investors—Shilpaben Maheshkumar Shah and Ruturaj Thakare. These were converted from warrants priced at ₹300 each. Now, warrants are like discount coupons for stocks—buy now, redeem later when you’re feeling lucky. Smart move? Maybe. But it’s also the kind of thing that makes small investors nervous. Like when the canteen guy says “special dish” but won’t tell you what’s in it.

Why’s Everyone Losing Their Minds Over This Stock?

Two reasons, really. First, that preferential allotment screams insider confidence—these people aren’t playing with pocket change. Second? The whole small-cap frenzy. People are desperate for the next big thing, and Hazoor’s got that “could be anything” vibe. Dangerous game, if you ask me. Remember what happened with Yes Bank?

Show Me the Money (But Also the Risks)

Okay, so the business does… something with projects? Honestly, their website’s about as clear as Mumbai’s monsoon skies. But numbers don’t lie—revenue’s up, debt’s manageable. Still, small-caps are like autorickshaws—fast, unpredictable, and one pothole away from disaster.

The Million-Rupee Question: Should You Buy?

Analysts are split. Some say “sky’s the limit” (probably while holding shares). Others whisper “bubble” (probably while shorting it). Me? I’d wait for the next quarterly results. If they’re still growing at this pace, maybe dip a toe in. But never bet the farm—that’s how uncles lose their retirement money.

Bottom Line

Hazoor’s story is wild, no doubt. But here’s the truth—stocks like this either make legends or cautionary tales. If you’re the type who checks your portfolio every 5 minutes? Stay away. If you’ve got money to burn and nerves of steel? Well, let me know how it goes.

FAQs (Because Someone’s Gonna Ask)

WTF is preferential allotment?
It’s when a company sells shares directly to chosen investors instead of the open market. Like VIP access at a club, but for stocks.

How do warrants work?
Think of them as stock options for dummies. Buy now at fixed price, convert to shares later if the stock does well.

Should I YOLO my savings into Hazoor?
Bro. No. Unless you enjoy stress-eating Maggi at 3 AM.

What’s the worst that could happen?
The stock crashes 90% tomorrow and you have to explain to your wife why the kids’ school fees are now “an investment in their financial education.”