What is the Share Price of Housing & Urban Development Corporation Ltd?
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The share price of Housing & Urban Development Corporation Ltd for NSE is ₹ 223.46 and for BSE is ₹ 223.
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As of the latest trading session, HSG & URBAN DEV CORPN LTD share price is currently at ₹ 223.46, which is down by ₹ -3.75 from its previous closing. Today, the stock has fluctuated between ₹ 221.24 and ₹ 227.55. Over the past year, HSG & URBAN DEV CORPN LTD has achieved a return of -0.64 %. In the last month alone, the return has been 10.08 %. Read More...
Particulars | DEC 2024 (Values in Cr) |
---|---|
Revenue | 2760.23 |
Operating Expense | 3600.97 |
Net Profit | 735.03 |
Net Profit Margin (%) | 26.62 |
Earnings Per Share (EPS) | 3.67 |
EBITDA | 2696.78 |
Effective Tax Rate (%) | 21.10 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
ALFRED HERBERT (INDIA) LTD. | 2000.00 | 24.33 | 1.25 | 154.00 | 1125.25 / 2350.00 |
BAJAJ HOLDINGS & INVS LTD | 12325.70 | 18.26 | 2.29 | 137172.72 | 7667.15 / 13221.50 |
TATA INVESTMENT CORP LTD | 6075.75 | 98.50 | 0.98 | 30740.44 | 5147.15 / 8075.90 |
MAX FINANCIAL SERV LTD | 1308.25 | 179.21 | 8.73 | 45149.64 | 864.30 / 1311.30 |
Company Name | Price | P/E | P/B | Market Cap | 52 Week Low/High |
---|---|---|---|---|---|
ALFRED HERBERT (INDIA) LTD. | 2000.00 | 24.71 | 1.40 | 154.00 | 1125.25 / 2350.00 |
ARAVALI SECURITIES & FINANCE L | 3.89 | 0.00 | -7.62 | 5.89 | 3.44 / 7.89 |
Bagalkot Udyog Ltd | 23.90 | 0.00 | -27.43 | 20.32 | 0.00 / 0.00 |
BAJAJ HOLDINGS & INVS LTD | 12325.70 | 57.02 | 6.70 | 137172.72 | 7667.15 / 13221.50 |
State-owned Housing and Urban Development Corporation - HUDCO reported a 9.54% increase in consolidated net profit, reaching ₹ 700.16 crore for the quarter ending March 2024, compared to ₹ 639.14 crore in the same period last year.
- Total income for the March 2024 quarter rose to ₹ 2,194.04 crore, up from ₹ 1,862.41 crore a year ago, according to a regulatory filing.
- For the full financial year 2023-24, net profit grew to ₹ 2,116.69 crore from ₹ 1,701.43 crore in 2022-23. Total income increased to ₹ 7,948.10 crore from ₹ 7,086.18 crore.
- The company's board has recommended a final dividend of ₹ 2.65 per equity share with a face value of ₹ 10 each for 2023-24, pending shareholder approval at the upcoming Annual General Meeting (AGM).
Additionally, on February 21, 2024, HUDCO and NBCC (India) entered into Memorandum of Understanding to:
1. Enhance cooperation for the effective implementation of consultancy services.
2. Strengthen collaboration for the efficient execution of asset monetization activities.
In the second quarter of FY2024-25, Housing and Urban Development Corporation Limited (HUDCO) reported a consolidated net profit of ₹688.62 crore, marking a 52% year-on-year increase from ₹451.65 crore. Revenue from operations rose by 35% to ₹2,517.72 crore, up from ₹1,864.80 crore in the corresponding period last year. This robust performance reflects HUDCO's enhanced operational efficiency and strategic focus on its core sectors. The HUDCO share price responded positively to these results, indicating strong investor confidence in the company's financial health and growth prospects.
HUDCO's annual reports provide comprehensive insights into its financial performance, strategic initiatives, and future outlook. The 2023-24 report highlights a 24% growth in net profit year-on-year and a 10.40% increase in revenue from operations. It also details the company's focus on sustainable development and diversification into new sectors. Investors often analyse these reports to assess the HUDCO share price, as they reflect the company's operational efficiency and market position.
HUDCO has a consistent history of declaring dividends, reflecting its commitment to returning value to shareholders. In the fiscal year 2023-24, the company declared an all-time high dividend of ₹830.79 crore. Such dividend payouts enhance investor confidence and positively influence the HUDCO share price. The company's ability to maintain regular dividends underscores its strong financial position and profitability.
1. Who is the CEO of HUDCO?
As of November 2024, the Chairman and Managing Director of HUDCO is Shri Kamran Rizvi. He oversees the company's strategic direction and operations, influencing the HUDCO share price through effective leadership and decision-making.
2. When was HUDCO established?
HUDCO was established in 1970. Over the decades, it has evolved into a leading public sector company in housing and urban development. The HUDCO share price reflects its longstanding presence and significant contributions to the nation's infrastructure development.
3. What factors are influencing the HUDCO share price?
The HUDCO share price is influenced by several factors, including financial performance, government policies on housing and urban development, interest rates, and market sentiment. Operational efficiency, strategic initiatives, and economic conditions also play crucial roles in determining the share price movements.
4. Is HUDCO debt free?
No, HUDCO is not debt-free. As a financial institution, it utilises debt financing to support its lending operations in housing and urban infrastructure projects. The HUDCO share price reflects investor confidence in the company's ability to manage its debt effectively and maintain financial stability.
5. What is the CAGR of HUDCO share?
The compound annual growth rate (CAGR) of the HUDCO share price varies depending on the investment period considered. Investors can calculate this rate using historical share price data over their desired timeframe. A positive CAGR indicates consistent growth and value appreciation of the HUDCO shares.
6. How has the HUDCO share price performed over the past year?
Over the past year, the HUDCO share price has experienced significant growth, influenced by strong financial results and positive market sentiment. The stock has shown resilience and upward momentum, reflecting the company's strategic initiatives and robust performance. Investors monitor these trends to assess the stock's performance and potential future movements.
HUDCO was incorporated as 'The Housing and Urban Development Finance Corporation Private Limited' on April 25, 1970, as a Private Limited Company and granted a certificate of incorporation by the then Registrar of Companies, Delhi. Subsequently, name of the Company was changed to 'Housing and Urban Development Corporation Limited' and a fresh Certificate of Incorporation dated July 9, 1974, was issued by the then Registrar of Companies, Delhi & Haryana. Presently, the Company is a Public Sector Undertaking engaged in providing loan financing for housing and urban infrastructure projects in India.
In 1977, HUDCO launched rural housing schemes for providing loan assistance for construction of rural houses. In 1986, the company established the Human Settlement Management Institute, the research, and training division of the company. In 1988, the company commenced urban infrastructure financing. In 1996, the company was notified as a public financial institution under Section 4A of the Companies Act, 1956 by the Department of Company Affairs, Ministry of Finance, GoI. In 1999, HUDCO began retail financing under the brand name HUDCO Niwas.
In 2012, the company's profit after tax (PAT) crossed Rs 600 crore marks. During the financial year 2011-2012, the company raised Rs 5000 crore through an issue of tax-free bonds, as allocated by the CBDT in its budget allocation for the year, including Rs 4684.7 crore raised through a public issue of tax-free bonds.
In 2013, HUDCO's PAT crossed Rs 700 crore mark. During the financial year 2012-2013, the company raised Rs 2401.35 crore through a public issue of tax-free bonds, as allocated by the CBDT in its budget allocation for the year.
During the financial year 2013-2014, HUDCO raised Rs 4987.12 crore through an issue of tax-free bonds, as allocated by the CBDT in its budget allocation for the year, including Rs 4796.32 crore raised through a public issue of tax-free bonds. During the financial year 2015-2016, the company raised Rs 5000 crore through an issue of tax-free bonds, as allocated by the CBDT in its budget allocation for the year including Rs 3500 crore raised through a public issue of tax-free bonds.
Government of India (GoI) carried out disinvestments of 20.4 crore shares constituting 10.19% stake in HUDCO via an initial public offer (IPO) in May 2017. Post successful completion of the IPO, GoI's stake in HUDCO came down to 89.81% from 100%. HUDCO shares were listed on the bourses on 19 May 2017.
On 28 March 2018, the Board of HUDCO approved the annual borrowing programme of maximum upto Rs 40000 crore for the financial year 2018-19 through various sources/modes. The borrowing limit includes the power to make a private placement of non-convertible debentures (NCDs), subject to the approval of the shareholders of the company in general meeting.
On 28 May 2018, HUDCO announced that an old default case of a borrower has been substantially resolved after prolonged litigation, where HUDCO has received an amount of Rs 317 crore, against the dues of Rs 469.38 crore as on 31 March 2018.
Housing and Urban Development Corporation Limited (HUDCO) came out with an Initial Public Offering (IPO) of 204,058,747 equity shares of Face Value of Rs 10 each for cash at a price of Rs 60 per equity share aggregating to Rs1209.78 Crores. There was no fresh issue of shares by the company. The IPO was priced at Rs 60 per share.
As at 31st March 2019, 89.81% of the shareholding is held by President of India through the Ministry of Housing and Urban Affairs (MoHUA) - 69.08% and Ministry of Rural Development (MoRD) - 20.73% respectively and balance 10.19% is held by Public.
During the year 2019, HUDCO completed the consultancy services for construction of Office building for Archaeological Survey of India at Tilak Marg, New Delhi.
As on 31st March, 2019, HUDCO has three Joint Venture Companies namely a) Shristi Urban Infrastructure Development Ltd. (SUIDL) b) Pragati Social Infrastructure & Development Ltd. (PSIDL) and c) Signa Infrastructure India Ltd. (SIIL), Further, there is one associate namely Ind Bank Housing Limited. In the case of an associate Company, namely Ind Bank Housing Limited, the company made an investment of Rs 2.50 crore in its equity, being 25% of the paid-up equity share capital. The Company provided for full diminution in the value of investment made in IBHL.
During the year 2019, HUDCO sanctioned 55 proposals for financial assistance of Rs 7,196 crore (inclusive of proposals for loan assistance of Rs 893 crore in North Eastern States) under different sectors like water supply, drainage, power sector, social infrastructure, commercial infrastructure, road & transport, etc., against which, an amount of Rs 3,594 crore has been released.
During the first quarter of financial year 2019-20, ended 30th June 2019, The Company sanctioned a total loan of Rs 4211.08 crore and disbursed an amount of Rs 3838.88 crore.
In Mar'20, HUDCO sanctioned a total of 17,284 housing and urban infrastructure projects, with a total loan component of Rs. 2,08,039 crore and has made a cumulative disbursement of Rs. 1,71,216 crore. During the year 2019-20, it sanctioned projects, with a loan amount of Rs. 3,790 crore in housing; and sanctioned urban infrastructure projects with a total loan amount of Rs. 16,124 crore respectively.
In Mar'21, HUDCO sanctioned a total of 17,301 Housing and Urban Infrastructure (UI) projects with a total loan of Rs. 2,13,082 crore and disbursed an amount of Rs. 1,79,527 crore. Further, it has sanctioned financial assistance to more than 192.45 lakh housing units both in rural and urban areas in the Country of which, 183.19 lakh (95.19%) pertains to EWS/LIG categories. In addition, under HUDCO Niwas, a retail lending window, it sanctioned financial assistance of Rs. 6,846 crore to 3.86 lakh individuals and disbursed an amount of Rs. 5,160 crore. Under Housing Sector, it sanctioned projects with loan assistance of Rs. 937 crore, inclusive of Rs. 21 crore under HUDCO Niwas, thereby facilitating construction of 12,488 dwelling units, of which Rs. 3,701 crore was released during current year. Under Urban Infrastructure portfolio, it sanctioned 32 urban infrastructure projects, with loan assistance of Rs. 8,265 crore across various sectors like Water Supply, Metro, Power, Social Infrastructure, Commercial Infrastructure, Road & Transport etc. of which Rs. 4,622 was released during the current year.
During the year 2021-22, 8% of equity shareholding in HUDCO comprising of 16,01,63,774 equity shares of face value of Rs. 10/- each through Ministry of Housing and Urban Affairs (MoHUA), Government of India was divested by the President of India, being the promoter in the month of July/August, 2021. HUDCO has sanctioned projects with a loan assistance of Rs. 1,759 crore, inclusive of Rs. 13 crore under HUDCO Niwas, thereby facilitating construction of 88,523 dwelling units. It sanctioned 32 projects with a loan assistance of Rs. 18,904 crore covering various sectors like Water Supply, Sewerage System, Social Infrastructure, Commercial Infrastructure, Road & Transport, Metro, Power, etc. Further, a release of Rs. 7,607 crore was made during the year in various schemes. In FY 2021-22, HUDCO supported the flagship programs by extending financial assistance of 600 crore to Rajasthan Urban Drinking Water Sewerage & Infrastructure Corporation (RUDSICO). It also sanctioned, financial assistance to mega projects of Public Health Department, Government of Maharashtra, Bihar State Road Development Corporation Limited and Maharashtra State Road Development Corporation Limited, Bihar Rajya Pul Nirman Nigam Limited, Tamil Nadu Water Supply and Drainage Board, Kerala Infrastructure Investment Fund Board (KIIFB), etc.
During 2021-22, HUDCO's Construction and Consultancy Wing worked on design concepts remaining responsive to clients' diverse requirements. Some new assignments, while continuing work on other ongoing prestigious assignments, include providing consultancy services for the construction of Housing Complex for Tripura Tribal Areas Autonomous District Council at Tripura. HUDCO completed the preparation of the Housing for All plan of action under PMAY (U) of 61 towns for the State of Karnataka, and, the Design Consultancy services for Construction of Officers' Quarters with Allied Services (Phase-III) for M/s Hindustan Aeronautics Limited, Bangalore, designed for GRIHA rating is on the verge of completion. As part of environmental engineering consultancy, it undertook appraisal of 8 Integrated Management Plans under National Plan of Conservation of Aquatic Eco-systems (NPCA) namely 2 each in Mizoram, Chandotal Wetland in Basti- U.P, East Kolkata Wetlands- WB, and, Jagatpur Gam Talav Wetland-Bihar.
Under Housing sector during 2022-23, HUDCO sanctioned 5 projects with a loan assistance of Rs 3,466 Crore, thereby facilitating construction of 3,49,308 dwelling units. Loan release for an amount of Rs 1,838 Crore was made during 2022-23. Similarly, under the Urban Infrastructure portfolio, the Company sanctioned 36 projects with a loan assistance of Rs 21,106 crore covering various sectors like Water Supply, Smart City, Transport Nagar, Social Infrastructure, Commercial Infrastructure, Road & Transport, Power, etc. Further, a release of Rs 6,628 Crore was made during the year in various schemes.
In the Financial Year 2022-23, HUDCO provided financial assistance of Rs 2,385 crore for construction of 63,246 DUs under Affordable Housing Project (AHP) and 2,56,880 DUs under Beneficiary-Led-Construction (BLC) vertical totalling 3,20,126 DUs covering 28 districts and 169 ULBs. Besides, it had sanctioned a scheme for loan amount of Rs 1,000 crore to Telangana Housing Board (THB) to construct 28,979 DUs (22,772 DUs in Rural areas and 6,207 Units in Urban Areas of Telangana.
In FY 2022-23, HUDCO provided financial assistance of Rs 170 crore for Implementation of Smart City Project at Kohima and Rs 50 crore for Infrastructure Development work in Udaipur Smart City, Rajasthan. The other major project sanctioned in the financial year was water conservation schemes at various Districts of Maharashtra (Loan Rs 3,500 crore) and Construction of various infrastructure development works in ULBs in Rajasthan (Loan Rs 2,235 crore). HUDCO provided loan assistance for JP Ganga Path, Phase-2 in Bihar (Loan Rs 541 crore), Infrastructure facilities for EWS Housing units under PMAY-HFA (Urban), Phase-II, in the State of Andhra Pradesh (Loan Rs 750 crore), Construction of 4 lane elevated corridor Patna, Bihar (Loan Rs 275 crore), etc. HUDCO had sanctioned Rs 2,000 Crore to Kerala Infrastructure Investment Fund Board (KIIFB) for improving the medical infrastructure in the State and out of which an amount of Rs 1,000 Crore released.
The share price of Housing & Urban Development Corporation Ltd for NSE is ₹ 223.46 and for BSE is ₹ 223.
The market cap of Housing & Urban Development Corporation Ltd for NSE is ₹ 4,47,34.46 Cr. and for BSE is ₹ 4,46,42.37 Cr. as of now.
The 52 Week High and Low of Housing & Urban Development Corporation Ltd for NSE is ₹ 353.70 and ₹ 158.85 and for BSE is ₹ 353.95 and ₹ 158.90.
You can trade in Housing & Urban Development Corporation Ltd shares with Bajaj Broking by opening a Demat Account.
The 1 year returns on the stock has been -0.64%.
Housing & Urban Development Corporation Ltd share price is for NSE ₹ 223.46 & for BSE ₹ 223 as on Apr 30 2025 03:30 PM.
The market cap of Housing & Urban Development Corporation Ltd for NSE ₹ 4,47,34.46 & for BSE ₹ 4,46,42.37 as on Apr 30 2025 03:30 PM.
As on Apr 30 2025 03:30 PM the price-to-earnings (PE) ratio for Housing & Urban Development Corporation Ltd share is 16.95.
As on Apr 30 2025 03:30 PM, the price-to-book (PB) ratio for Housing & Urban Development Corporation Ltd share is 85.54.
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