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HUDCO gains on raising Rs 5,320 crore via bonds

19 Mar 2019 Evaluate

Housing & Urban Development Corporation is currently trading at Rs. 45.15, up by 0.25 points or 0.56% from its previous closing of Rs. 44.90 on the BSE.

The scrip opened at Rs. 45.15 and has touched a high and low of Rs. 45.45 and Rs. 45.00 respectively. So far 67479 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 72.15 on 04-Apr-2018 and a 52 week low of Rs. 37.45 on 19-Feb-2019.

Last one week high and low of the scrip stood at Rs. 46.20 and Rs. 44.20 respectively. The current market cap of the company is Rs. 9068.61 crore.

The promoters holding in the company stood at 89.81%, while Institutions and Non-Institutions held 2.94% and 7.26% respectively.

Housing and Urban Development Corporation (HUDCO) has raised funds worth Rs 5,320 crore through issuance of Government of India Fully Serviced, Unsecured, Taxable HUDCO Bonds Series - V 2018 and the proceeds has been fully utilized for lending to Building Materials and Technology Promotion Council (BMTPC), an autonomous body of MoHUA.

HUDCO finances social housing and residential real estate through primarily lending to State Governments and their agencies, which, in turn, extend the finance to or utilise the finance for the ultimate individual beneficiaries.

Housing & Urban Dev. Share Price

197.00 3.35 (1.73%)
17-Apr-2026 16:59 View Price Chart
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