# Small-cap stock jumps 4.5% despite market sell-off

> Toll fee collector stock surges 4.5% as NHAI orders boost small-cap shares.
- Title: Small-cap stock jumps 4.5% despite market sell-off · mint
- Summary: Toll fee collector stock surges 4.5% as NHAI orders boost small-cap shares. Hazoor Multi Projects shares rose 4.5% after receiving ₹77 crore in NHAI toll…
- Keywords: hazoor multi projects, nhai, toll fee collection, small-cap stocks, nifty 50, bse sensex, bank nifty, stock market sell-off, stock price target, share price history, money, business
- Source: mint — https://livemint.com/market/stock-market-news/smallcap-stock-under-rs-20-up-850-in-5-years-toll-fee-collector-stock-jumps-4-5-despite-stock-market-selloff-11791802386946.html
- Author: Asit Manohar
- Published: 2026-10-12T11:52:41+00:00
- Read time: 1 min
- Topics: hazoor multi projects, nhai, toll fee collection, small-cap stocks, nifty 50, bse sensex, bank nifty, stock market sell-off, stock price target, share price history, money, business
## Small-cap stock under ₹20
Small-cap stocks under ₹20 have risen 850% in five years despite stock market sell-off.
## Hazoor Multi Projects shares
Hazoor Multi Projects shares rose 4.50% despite Nifty 50 losing 157 points and BSE Sensex shedding 547 points.
## NHAI toll collection orders
Hazoor Multi Projects received ₹49.49 crore on Oct 10, 2026, followed by ₹28.10 crore on Monday, totaling ₹77 crore.
## SEBI expert analysis
Anuj Gupta, a SEBI-registered market expert, said fresh NHAI orders fueled positive sentiment among Dalal Street bulls.
## Technical price targets
Mahesh M Ojha noted strong support at ₹13.80 and resistance at ₹18.80 for Hazoor Multi Projects shares.
## NHAI contract details
Hazoor Multi Projects was awarded contracts for toll collection at Kannoli and Gaddurur Fee Plazas in Karnataka.
## Share price history
Hazoor Multi Projects shares rose from ₹1.80 to ₹16.80 in five years, clocking an 850% rally post-split.
## Stock split impact
After a 1:10 stock split on November 7, 2024, the stock has remained beaten down but is a multibagger for long-term investors.
## Market reaction
The small-cap stock defied Indian stock market trends with strong buying during Monday's session.
## What happens next
Hazoor Multi Projects shares could reach ₹20.50 and ₹22 if they break resistance at ₹18.80.
## Key takeaway

Hazoor Multi Projects shares rose 4.5% after receiving ₹77 crore in NHAI toll collection orders, defying Indian stock market declines.