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Housing & Urban Development Corporation Ltd (HUDCO)

₹322.453.83%

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Overview
News
Financials
Q1 2024 Results
Technicals

Performance

  • Day's Low

    Day's High

    ₹318
    ₹336.7
  • 52 Week's Low

    52 Week's High

    ₹58.6
    ₹353.7
1 Month Return+ 19.45 %
3 Month Return+ 73.55 %
1 Year Return+ 468.79 %
Previous Close₹335.30
Open₹335.90
Volume2.18Cr
Upper Circuit-
Lower Circuit-
Market Cap₹67,123.71Cr

Key Statistics

P/E Ratio31.69
PEG Ratio15.24
Market Cap₹67,123.71 Cr
P/B Ratio0.56
EPS5.89

Mutual Fund Holdings

Funds HoldingsPrev. 6M
Quant Small Cap Fund Growth Option Direct PlanQuant Small Cap Fund Growth Option Direct Plan3.26%
Quant Flexi Cap Fund Growth Option Direct PlanQuant Flexi Cap Fund Growth Option Direct Plan3.77%
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option0.1%
Quant Value Fund Direct GrowthQuant Value Fund Direct Growth4.58%
Quant PSU Fund Direct GrowthQuant PSU Fund Direct Growth8%

Company Information

Housing and Urban Development Corporation Limited (HUDCO) is a public sector undertaking in India responsible for providing loan financing for housing and urban infrastructure projects. Established in 1970 as The Housing and Urban Development Corporation Private Limited, the company has since undergone changes of name and formed research and training divisions. HUDCO's profit after tax (PAT) crossed the $600 crore mark in 2012 and they successfully raised $5000 crore through tax-free bond allocation. An Initial Public Offering (IPO) in 2017 allocated 10.19% of the company's stake to the public. As of March 21, 2021 HUDCO has sanctioned 17301 Housing and Urban Infrastructure projects with a total loan of Rs 213083 crore, disbursed 177,527 crore and facilitated construction of 192.45 lakh housing units. In July/August 2021 the government divested 8% of the company's equity shareholding and two years later HUDCO completed consultancy services for construction of Housing Complex, prepared Housing for All plan of action and provided Design Consultancy services.

Share Price: ₹322.45 per share as on 18 Jul, 2024 04:01 PM
Market Capitalisation: ₹67,123.71Cr as of today
Revenue: ₹0.00Cr as on March 2024 (Q1 24)
Net Profit: ₹700.16Cr as on March 2024 (Q1 24)
Listing date: 19 May, 2017
Chairperson Name: Kuldip Narayan
OrganisationHousing & Urban Development Corporation Ltd
HeadquartersNew Delhi
IndustryFinance
E-voting on sharesClick here to vote

Key events for Housing & Urban Development Corporation Ltd

  • StoxBox Research Head Positive on Hudco, IRCON International and HAL - 12 Jul, 2024

    Manish Chowdhury, Head of Research at StoxBox, is optimistic about Housing & Urban Development Corporation (Hudco) due to anticipated loan growth driven by state agency contracts and a focus on high-yield infrastructure assets. He also has positive views on IRCON International and HAL.

  • Nirmal Bang Initiates Coverage on HUDCO with Buy Rating - 08 Jul, 2024

    Brokerage firm Nirmal Bang has initiated coverage on Housing & Urban Development Corporation Ltd (HUDCO) with a buy rating and a price target of ₹375, which implies a potential upside of 15%. HUDCO is a niche financier in the social housing and urban infrastructure space with strong relationships with state governments.

  • HUDCO Stock Hits 52-Week High, Surges by 4.5% - 06 Jul, 2024

    Housing & Urban Development Corporation Ltd (HUDCO) stock hit a new 52-week high at Rs. 339.5, delivering around 41% of positive returns in one month after the election results. The company generated Rs. 2,065.2 crore in total income and net profit grew by 9.5% in Q4 FY23-24.

  • HUDCO Stock Continues to Rise Amid Positive News - 05 Jul, 2024

    Shares of Housing & Urban Development Corporation Ltd (HUDCO) continue to rise, gaining nearly 2% and rising 20% in the last three trading sessions. The Association of Mutual Funds in India has upgraded HUDCO's categorization from Smallcap to Midcap, effective August. Nirmal Bang initiated coverage on HUDCO with a target price of Rs 375, citing growth opportunities and strong capital position.

  • HUDCO Shares Surge on Block Deal, Lower Borrowing Costs - 03 Jul, 2024

    HUDCO's shares hit a record high after a block deal worth ₹242 crore took place. Both IREDA and HUDCO have applied for lower borrowing costs under Section 54EC of the Income Tax Act.

  • HUDCO Investors See Incredible Returns, Govt. Introduces Interest Subvention Scheme - 02 Jul, 2024

    Housing and Urban Development Corporation's investors have seen an incredible 912% return over the last five years. The government is set to introduce an interest subvention scheme for its middle-class housing program, with HUDCO as one of the nodal agencies.

  • Maharashtra Govt Approves Rs 22,500 Crore Loan to HUDCO - 28 Jun, 2024

    The Maharashtra state government has approved a loan of Rs 22,500 crore from Housing & Urban Development Corporation (HUDCO) for land purchase in Virar-Alibaug. Additionally, the PSU will lend another Rs 5,500 crore for the Pune Ring Road project. Analyst Manas Jaiswal suggests that HUDCO's shares display a positive medium- to long-term trend.

  • Elara Capital Remains Positive on HUDCO, Sees 25% Upside - 27 Jun, 2024

    Brokerage firm Elara Capital has reiterated its positive view on Housing & Urban Development Corporation Ltd (HUDCO), citing convergence of cyclical and structural drivers to sustain valuations. The brokerage sees about 25% upside in the stock as fundamentals unfold into healthy earnings, strong business performance, leadership stability, and cheaper funding costs. Elara expects NPA below 2% and credit cost at 0.3% by FY27E. Shares of HUDCO have surged about 770% in the last two years. Elara maintains a buy rating with a revised target price of Rs 350.

  • HUDCO Shares Rise on Potential Cheaper Funds Provisions - 26 Jun, 2024

    Housing & Urban Development Corporation Ltd (HUDCO) shares surge up to 8% as the Union Budget is expected to introduce provisions that will help secure cheaper funds for HUDCO, aligning with the Modi government's goals for affordable housing.

  • HUDCO Raises $200 Million in Maiden Syndicated Loan Market Entry - 18 Jun, 2024

    Housing and Urban Development Corp. (HUDCO) has secured a $200 million loan from Sumitomo Mitsui Banking Corp., marking its first significant entry into the syndicated loan market. The funds will support the expansion of its social housing platform to improve the quality of life for the Indian community and enhance urban infrastructure facilities.

Insights on Housing & Urban Development Corporation Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    Best in 1 Year

    img

    In the last 1 year, HUDCO has outperformed top 5 stocks with highest market-cap in Consumer Lending

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 4 quarters, 445.65 Cr → 700.16 Cr (in ₹), with an average increase of 13.4% per quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 months, HUDCO stock has moved up by 73.6%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 4 quarters, 1.85K Cr → 2.19K Cr (in ₹), with an average increase of 5.5% per quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, HUDCO has outperformed top 5 stocks with highest market-cap in Consumer Lending

  • imgPOSITIVE IMPACT

    FII Holding Up

    img

    Foreign Institutions have increased holdings from 1.91% to 2.70% in Jun 2024 quarter

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 2.28% to 3.00% in Jun 2024 quarter

  • imgNO EFFECT

    Promoter Holding Unchanged

    img

    Promoters holdings remained unchanged at 75.00% of holdings in Jun 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 11.70% to 10.66% in Jun 2024 quarter

Company Financials

Value in ₹ crore
Q'1 24Q/Q Change
Revenue
-
-
Net Income
₹700.16Cr
↑34.85%
Net Profit Margin
-
-
2023Y/Y Change
Revenue
₹7,081.99Cr
↑1.37%
Net Income
₹1,701.43Cr
↓0.87%
Net Profit Margin
24.02%
↓2.24%
Value in ₹ crore
2023Y/Y Change
Total Assets
₹81,666.85Cr
↑2.58%
Total Liabilities
₹66,221.60Cr
↑1.65%
Value in ₹ crore
2023Y/Y Change
Operating Cash Flow
-₹850.48Cr
↑5.55%

Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
75%
0.00
Foreign Institutions
2.7%
41.35
Mutual Funds
3%
31.23
Retail Investors
10.65%
-8.90
Others
8.65%
-5.07

Key Indicators

Housing & Urban Development Corporation Ltd Valuation

Housing & Urban Development Corporation Ltd in the last 5 years

  • Overview

  • Trends

Lowest (2.25x)

April 3, 2020

Industry (31.43x)

July 16, 2024

Today (31.69x)

July 16, 2024

Highest (32.34x)

July 11, 2024

LowHigh

Earnings and Dividends

  • Housing & Urban Development Corporation Ltd Earnings Results

    Housing & Urban Development Corporation Ltd’s net profit jumped 9.55% since last year same period to ₹700.16Cr in the Q4 2023-2024. On a quarterly growth basis, Housing & Urban Development Corporation Ltd has generated 34.85% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Housing & Urban Development Corporation Ltd Dividends March,2024

    In the quarter ending December 2023, Housing & Urban Development Corporation Ltd has declared dividend of ₹1.50 - translating a dividend yield of 1.37%.

    Read More about Dividends

Technicals Summary

Bearish

Neutral

Bullish

Bullish

Housing & Urban Development Corporation Ltd is currently in a Bullish trading position according to technical analysis indicators.

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Housing & Urban Development Corporation Ltd (HUDCO) share price today is ₹322.45

Housing & Urban Development Corporation Ltd is listed on NSE

Housing & Urban Development Corporation Ltd is listed on BSE

  • Today’s highest price of Housing & Urban Development Corporation Ltd is ₹336.7.
  • Today’s lowest price of Housing & Urban Development Corporation Ltd is ₹318.

PE Ratio of Housing & Urban Development Corporation Ltd is 31.69

PE ratio = Housing & Urban Development Corporation Ltd Market price per share / Housing & Urban Development Corporation Ltd Earnings per share

Today’s traded volume of Housing & Urban Development Corporation Ltd(HUDCO) is 2.18Cr.

Today’s market capitalisation of Housing & Urban Development Corporation Ltd(HUDCO) is ₹67123.71Cr.

Housing & Urban Development Corporation Ltd(HUDCOPrice
52 Week High
₹353.7
52 Week Low
₹58.6

Housing & Urban Development Corporation Ltd(HUDCO) share price is ₹322.45. It is down -8.84% from its 52 Week High price of ₹353.7

Housing & Urban Development Corporation Ltd(HUDCO) share price is ₹322.45. It is up 450.26% from its 52 Week Low price of ₹58.6

Housing & Urban Development Corporation Ltd(HUDCOReturns
1 Day Returns
-12.85%
1 Month Returns
19.45%
3 Month Returns
73.55%
1 Year Returns
468.79%