HUDCO signs MoU with Chhattisgarh govt to fund projects worth up to ₹1 lakh Cr
News by Aliceblue News Desk
08 Jan 2026
Introduction
Leading public-sector corporation signs MoU with Chhattisgarh Government to provide up to Rs.1,00,000 crore over five years for housing and infrastructure projects in the state.
Also Read: Sayaji Hotels rallies 7% after new management tie-up with Mahavan Resort LLP
Share price movement of HUDCO
On January 8, 2026, Housing & Urban Development Corporation Ltd opened at ₹229.00, up 1.00% from its previous close of ₹226.80. The stock reached a high of ₹229.75 (1.30%) and a low of ₹219.85 (-3.00%). By 11:54 AM, it traded at ₹220.40, a -2.82% decrease, with a market cap of ₹44,121.88 crore.
HUDCO Signs MoU with Chhattisgarh Govt
Housing and Urban Development Corporation Ltd (HUDCO) signed a Memorandum of Understanding with the Government of Chhattisgarh on 7th January 2026. The event took place at Nava Raipur, Atal Nagar.
Under this non-binding MoU, HUDCO may provide financial assistance of up to Rs. 1,00,000 crore over the next five years. The funds will support various housing and infrastructure projects in Chhattisgarh.
The MoU was executed between HUDCO’s registered office in New Delhi and Chhattisgarh’s Department of Finance in Nava Raipur. Copies of the signed MoU have been shared for record.
Stock performance of HUDCO for Period of 1 week, 6 months, and 1 year
Housing & Urban Development Corporation Ltd delivered a -0.33% return over the past week, -1.69% over the past 6 months, and -4.87% over the past 1 year.
Also Read: AVG Logistics: Stock jump after strategic land purchase in Himachal
Shareholding pattern of HUDCO
| Particulars | Sep 2025 | Jun 2025 | Mar 2025 |
| Promoter | 75.00% | 75.00% | 75.00% |
| FII | 1.90% | 2.00% | 2.50% |
| DII | 10.90% | 10.30% | 9.70% |
| Public | 12.10% | 12.80% | 12.90% |
About HUDCO
Housing & Urban Development Corporation Ltd (NSE: HUDCO) finances housing and urban development projects across India, supporting infrastructure, affordable housing, and related urban development initiatives nationwide.
Stay Ahead with the Latest Stock Market Updates – Click Here
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
FAQs
Q: Why is HUDCO share price in focus today?
A: HUDCO signs MoU with Chhattisgarh Government to provide up to Rs.1,00,000 crore for housing and infrastructure projects over five years.
Q: What is HUDCO’s main business focus?
A: HUDCO primarily finances housing and urban development projects, supporting infrastructure and affordable housing initiatives across India.
Q: What is the 52-week high and low of HUDCO stock?
A: HUDCO stock reached a 52-week high of ₹253.80 and a low of ₹158.90.
News Author
Aliceblue News Desk
