HUDCO: Stock jumps after signing MoU with NMRDA for ₹11,300 CrHUDCO: Stock jumps after signing MoU with NMRDA for ₹11,300 Cr

Introduction

Leading urban development organization has signed a Memorandum of Understanding with Nagpur Metropolitan Region authority to provide up to ₹11,300 crore funding, consultancy, and capacity-building support for housing and infrastructure projects over five years.

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Share price movement of HUDCO

On September 9, 2025, Housing & Urban Development Corporation Ltd opened at ₹220.00, up 1.28% from its previous close of ₹217.15. The stock reached a high of ₹221.00 and a low of ₹216.20. By 11:10 AM, it traded at ₹216.95, with a market cap of ₹43,431.22 crore.

HUDCO Signs MoU with NMRDA for Nagpur Development

Housing and Urban Development Corporation Limited (HUDCO) signed a non-binding Memorandum of Understanding with Nagpur Metropolitan Region Development Authority (NMRDA) on September 8, 2025, in Mumbai to collaborate on development projects in Nagpur.

HUDCO will provide funding up to ₹11,300 crore over five years for land acquisition, housing, and infrastructure in Nagpur Metropolitan Region. The company will also offer consultancy services and capacity-building support to NMRDA as part of the agreement.

Stock performance of HUDCO for Period of 1 week, 6 months, and 1 year

Housing & Urban Development Corporation Ltd delivered a 0.35% return over the past week, gained 20.1% in the past six months, and fell 13.8% over the past year.

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Shareholding pattern of HUDCO

Particulars	Jun 2025	Mar 2025	Dec 2024
Promoter	75%	75%	75%
FII	2.00%	2.50%	2.10%
DII	10.30%	9.70%	9.70%
Public	12.80%	12.90%	13.20%

About HUDCO

Housing & Urban Development Corporation Ltd (NSE: HUDCO) is a public financial institution that finances housing and urban infrastructure projects across India, offering consultancy services for major projects and government programs to support urban development initiatives.

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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.

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