HUDCO Share Price in Focus As It Announces Date for Interim Dividend Declaration

HUDCO’s Board of Directors is expected to approve the distribution of the company’s interim dividend this year on March 10, 2025. The new record date for this interim dividend has been set for March 14, 2025. Shareholders who are registered by this date will be entitled to the dividend payment.

About HUDCO

The Housing and Urban Development Corporation is a central public sector enterprise navratna with over 50 years of experience in financing urban infrastructure development and housing projects. As of March 6, 2025, at 2.26 PM, HUDCO share price was trading at ₹182.75 on the National Stock Exchange. 

During 2024-25, the stock recorded a 52-week low of ₹152.65 and a 52-week high of ₹353.95. The company’s efforts have been instrumental in facilitating affordable housing and urban development, contributing significantly to the nation’s growth. Thus, it has attracted significant attention from investors recently. 

HUDCO Witnesses Robust Q3 Financial Growth

HUDCO declared its financial results for the October-December quarter on January 22, 2025. It has reportedly witnessed a 41.6% year-on-year growth in profits, which reached ₹735 crore. Moreover, revenue from operations soared by 37.14% YoY to ₹2,760.23 crore. This is indicative of the company’s steady growth trajectory and financial performance.

Future Plans

HUDCO share price is expected to be positively impacted as the company is expected to increase the size of its loan book to over ₹1 lakh crore. In Fy 2024-25, HUDCO borrowed approximately ₹44,000 crore from Indian markets and plans to raise around ₹55,000 crore more. 

In the coming years, it is expected to enhance its focus on financing infrastructure projects (70%)  and lend 30% of loans for housing projects. Its performance for FY 2024-25 is expected to exceed expectations, with its loan target crossing the target of ₹1.2 lakh crore.

Conclusion

HUDCO’s strong financial performance, coupled with its upcoming interim dividend, demonstrates its financial health and commitment to shareholders. With a robust growth trajectory and expansion plans, HUDCO is well-positioned to maintain its leadership in urban infrastructure and housing development, which is expected to have a positive market impact.

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