Housing & Urban Development Corporation Ltd Share Price (HUDCO)

HUDCO Plans to Raise Funds from East Asian Countries - 09 Apr, 2024

Housing & Urban Development Corporation Ltd (HUDCO) is planning to raise funds from East Asian countries such as Singapore and Taiwan after a successful exercise in Japan. The company aims to reduce its cost of funds and change its status from a housing finance company to an infrastructure finance company, which is expected to broaden its market and raise funds.

HUDCO Announces Dividend Payment - 23 Mar, 2024

Housing and Urban Development Corporation Limited is set to pay a dividend of ₹1.50 per share on April 19, while shares will trade ex-dividend on March 28 for an interim dividend of ₹28.

HUDCO Approves Interim Dividend & Fundraising Plan - 21 Mar, 2024

State-owned Housing and Urban Development Corporation (HUDCO) approves an interim dividend of 15% per share for FY23-24 and fundraising plan of up to Rs 40,000 crore. The company reported a total income of Rs 5,754.06 crore, net profit of Rs 1,416.58 crore, and loan book of Rs 84,424 crore in 9MFY24.

HUDCO Approves Interim Dividend & Fund Raising - 20 Mar, 2024

Housing & Urban Development Corporation Ltd (HUDCO) declares an interim dividend of Rs 1.5 per share for FY24 and approves raising funds up to Rs 40,000 crore via bonds/debentures in FY25. The company also plans to increase its overall borrowing limit to Rs 1.5 lakh crore. HUDCO is already in talks with RBI to become an infrastructure finance company. The stock has risen 294% over the last 12 months.

HUDCO Board Considers Fund Raising Plans and Dividend Payout - 18 Mar, 2024

Housing & Urban Development Corporation Ltd's board will consider raising funds through the issue of bonds or debentures up to Rs 40,000 crore and increasing the overall borrowing limit. The board will also approve a dividend payout and review financial results for Q3 FY24.

Housing & Urban Development Corporation to Consider Raising Funds - 15 Mar, 2024

The Housing & Urban Development Corporation will consider raising funds through the issue of bonds/debentures up to Rs 40,000 crore and increasing the overall borrowing limit to Rs 1,50,000 crore in a board meeting on April 20.

Housing & Urban Development Corporation Ltd hits 10% lower circuit - 13 Mar, 2024

Housing & Urban Development Corporation Ltd's revenue grew by 1.37% from FY22 to FY23, but profits dropped slightly from Rs. 1,716 Crores to Rs. 1,701 Crores. The stock hit a 10% lower circuit in the day's trade.