The Housing & Urban Development Corporation Ltd (HUDCO), established on April 25, 1970, under the Ministry of Housing and Urban Affairs, is a leading public sector enterprise in India. HUDCO focuses on promoting sustainable housing and urban development, particularly for economically weaker sections (EWS) and low-income groups (LIG). Over the years, it has significantly contributed to the nation’s infrastructure, financing projects such as affordable housing under the Pradhan Mantri Awas Yojana (Urban) and key infrastructure developments like roads and water supply systems. With a reported revenue of ₹7,571.64 crore and a net income of ₹1,708.20 crore in 2020, HUDCO’s financial strength is evident. In recognition of its strong performance and strategic importance, HUDCO was granted Navratna status in April 2024, further solidifying its position as a critical player in India’s urban development.
Latest News about Housing & Urban Development Corporation Ltd
Housing & Urban Development Corporation Ltd (HUDCO) has recently achieved two significant milestones. The first is the appointment of Shri Daljeet Singh Khatri as the new Director (Finance) under Regulation 30 of the SEBI (LODR) Regulations, 2015, a move aimed at strengthening the company’s financial leadership. Additionally, HUDCO has signed a Memorandum of Understanding (MoU) with RITES, a Navratna transport infrastructure consultancy, to collaborate on various infrastructure projects. This partnership is poised to enhance key sectors such as metro rail, airports, and waste management, reflecting HUDCO’s dedication to broadening its influence in India’s urban development and infrastructure initiatives.
Shareholdings Patterns
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | |
| Promoters + | 81.81% | 81.81% | 75.17% | 75.00% | 75.00% |
| FIIs + | 0.32% | 0.65% | 1.20% | 1.91% | 2.70% |
| DIIs + | 7.17% | 7.15% | 11.80% | 11.39% | 11.64% |
| Public + | 10.69% | 10.41% | 11.83% | 11.70% | 10.66% |
| No. of Shareholders | 3,39,744 | 3,37,806 | 3,89,764 | 5,52,637 | 6,39,411 |
The shareholding patterns of the company from June 2023 to June 2024 reveal some notable shifts. Promoters held a commanding majority, with 81.81% of the shares in both June and September 2023. However, their stake dropped to 75.00% by March and June 2024. Foreign Institutional Investors (FIIs) demonstrated growing interest, increasing their holdings from 0.32% in June 2023 to 2.70% by June 2024. Similarly, Domestic Institutional Investors (DIIs) expanded their share, rising from 7.17% in June 2023 to 11.64% in June 2024. Public shareholding remained largely consistent, with a slight decline from 10.69% in June 2023 to 10.66% in June 2024. Meanwhile, the number of shareholders surged significantly, from 3,39,744 in June 2023 to 6,39,411 in June 2024, indicating increased investor interest in the company.
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HUDCO Ltd Share Price Prediction 2024, 2025 to 2030
HUDCO Ltd Share Price Prediction 2024
| When | Maximum Price | Minimum Price |
| August 2024 | 296.05 | 257.44 |
| September 2024 | 307.90 | 267.74 |
| October 2024 | 301.86 | 262.49 |
| November 2024 | 313.93 | 272.99 |
| December 2024 | 317.07 | 275.72 |
In August 2024, HUDCO Ltd’s stock prices are expected to peak at ₹296.05 and could dip to a minimum of ₹257.44. Moving into September 2024, the maximum price is anticipated to reach ₹307.90, while the minimum may settle at ₹267.74. For October 2024, the projected maximum price is ₹301.86, with a minimum of ₹262.49. In November 2024, HUDCO Ltd’s stock could climb to a maximum of ₹313.93, with a potential minimum of ₹272.99. Finally, December 2024 is expected to see the stock reaching a maximum of ₹317.07, while the minimum could be around ₹275.72.
HUDCO Ltd Share Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | 320.24 | 246.34 |
| February 2025 | 323.48 | 248.83 |
| March 2025 | 330.27 | 254.05 |
| April 2025 | 327.00 | 251.54 |
| May 2025 | 317.48 | 244.21 |
| June 2025 | 331.76 | 255.20 |
| July 2025 | 325.26 | 250.20 |
| August 2025 | 335.32 | 257.94 |
| September 2025 | 339.34 | 261.03 |
| October 2025 | 348.16 | 267.82 |
| November 2025 | 356.87 | 274.51 |
| December 2025 | 372.93 | 286.87 |
As we step into January 2025, HUDCO Ltd’s stock could see a maximum of ₹320.24 and a minimum of ₹246.34. February is expected to range between ₹323.48 and ₹248.83, while March might reach ₹330.27 and ₹254.05. In April, prices could vary from ₹327.00 to ₹251.54, and May may fluctuate between ₹317.48 and ₹244.21. June anticipates a rise to ₹331.76 with a low of ₹255.20, followed by July’s range of ₹325.26 to ₹250.20. As we step into August, prices might hit ₹335.32 with a minimum of ₹257.94. September could peak at ₹339.34, and October may reach ₹348.16. By November, the range could be ₹356.87 to ₹274.51, and December 2025 might see a high of ₹372.93 with a low of ₹286.87.
HUDCO Ltd Share Price Prediction 2026
| When | Maximum Price | Minimum Price |
| January 2026 | 384.12 | 295.47 |
| February 2026 | 374.51 | 288.09 |
| March 2026 | 382.00 | 293.85 |
| April 2026 | 389.80 | 299.85 |
| May 2026 | 385.94 | 296.88 |
| June 2026 | 395.59 | 304.30 |
| July 2026 | 387.83 | 298.33 |
| August 2026 | 399.83 | 307.56 |
| September 2026 | 407.82 | 313.71 |
| October 2026 | 418.43 | 321.87 |
| November 2026 | 428.89 | 329.91 |
| December 2026 | 439.61 | 338.16 |
HUDCO Ltd Share Price Prediction 2027
| When | Maximum Price | Minimum Price |
| January 2027 | 444.00 | 341.54 |
| February 2027 | 455.39 | 350.30 |
| March 2027 | 473.15 | 363.96 |
| April 2027 | 463.87 | 356.82 |
| May 2027 | 450.36 | 346.43 |
| June 2027 | 470.63 | 362.02 |
| July 2027 | 461.40 | 354.92 |
| August 2027 | 475.67 | 365.90 |
| September 2027 | 492.32 | 378.71 |
| October 2027 | 505.12 | 388.55 |
| November 2027 | 517.75 | 398.27 |
| December 2027 | 530.69 | 408.22 |
HUDCO Ltd Share Price Prediction 2028
| When | Maximum Price | Minimum Price |
| January 2028 | 541.30 | 416.39 |
| February 2028 | 555.18 | 427.06 |
| March 2028 | 576.84 | 443.72 |
| April 2028 | 565.53 | 435.02 |
| May 2028 | 549.05 | 422.35 |
| June 2028 | 573.76 | 441.35 |
| July 2028 | 562.51 | 432.70 |
| August 2028 | 579.91 | 446.08 |
| September 2028 | 600.20 | 461.70 |
| October 2028 | 615.81 | 473.70 |
| November 2028 | 631.21 | 485.54 |
| December 2028 | 646.99 | 497.68 |
HUDCO Ltd Share Price Prediction 2029
| When | Maximum Price | Minimum Price |
| January 2029 | 659.93 | 507.63 |
| February 2029 | 676.85 | 520.65 |
| March 2029 | 703.24 | 540.96 |
| April 2029 | 689.45 | 530.35 |
| May 2029 | 669.37 | 514.90 |
| June 2029 | 699.49 | 538.07 |
| July 2029 | 685.78 | 527.52 |
| August 2029 | 706.99 | 543.84 |
| September 2029 | 731.73 | 562.87 |
| October 2029 | 750.76 | 577.51 |
| November 2029 | 769.53 | 591.94 |
| December 2029 | 788.77 | 606.74 |
HUDCO Ltd Share Price Prediction 2030
| When | Maximum Price | Minimum Price |
| January 2030 | 804.54 | 618.88 |
| February 2030 | 825.17 | 634.75 |
| March 2030 | 857.35 | 659.50 |
| April 2030 | 840.54 | 646.57 |
| May 2030 | 816.06 | 627.74 |
| June 2030 | 852.78 | 655.99 |
| July 2030 | 836.06 | 643.12 |
| August 2030 | 861.92 | 663.01 |
| September 2030 | 892.09 | 686.22 |
| October 2030 | 915.28 | 704.06 |
| November 2030 | 938.16 | 721.66 |
| December 2030 | 961.62 | 739.70 |
As we step into January 2030, HUDCO Ltd is expected to see its maximum price at ₹804.54 and minimum price at ₹618.88. Moving forward, in February 2030, the maximum price will likely reach ₹825.17 with a minimum of ₹634.75. By March, the prices are projected to peak at ₹857.35 and bottom at ₹659.50. In April 2030, the maximum and minimum prices may be ₹840.54 and ₹646.57, respectively, followed by May, where the range could shift to ₹816.06 and ₹627.74. June is expected to bring a maximum of ₹852.78 and a minimum of ₹655.99, while July might see the prices fluctuate between ₹836.06 and ₹643.12. As we step into August 2030, HUDCO Ltd’s prices could peak at ₹861.92 and dip to ₹663.01. September may witness a rise to ₹892.09 and a low of ₹686.22, and by October, the prices could span from ₹915.28 to ₹704.06. The upward trend might continue in November with a maximum of ₹938.16 and a minimum of ₹721.66, culminating in December 2030 with a peak of ₹961.62 and a low of ₹739.70.
HUDCO Ltd Financial Condition
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
| Revenue | 7,567 | 7,267 | 6,986 | 7,082 | 7,784 | 8,131 |
| Interest | 4,848 | 4,765 | 4,533 | 4,507 | 4,961 | 5,233 |
| Expenses + | 544 | 277 | 111 | 279 | 134 | 122 |
| Financing Profit | 2,176 | 2,225 | 2,342 | 2,296 | 2,689 | 2,776 |
| Financing Margin % | 29% | 31% | 34% | 32% | 35% | 34% |
| Other Income + | 4 | 11 | 11 | 4 | 164 | 164 |
| Depreciation | 6 | 7 | 8 | 11 | 10 | 9 |
| Profit before tax | 2,174 | 2,229 | 2,346 | 2,289 | 2,843 | 2,930 |
| Tax % | 21% | 29% | 27% | 26% | 26% | |
| Net Profit + | 1,708 | 1,578 | 1,716 | 1,701 | 2,117 | 2,229 |
| EPS in Rs | 8.53 | 7.89 | 8.57 | 8.5 | 10.57 | 11.14 |
| Dividend Payout % | 36% | 28% | 41% | 45% | 39% |
The financial condition of Housing & Urban Development Corporation Ltd (HUDCO) from March 2020 to March 2024, along with trailing twelve months (TTM) data, reveals a steady performance with gradual improvements.
Revenue: HUDCO’s revenue experienced minor fluctuations, starting at ₹7,567 crore in March 2020, dipping slightly in the following years, but rising to ₹7,784 crore by March 2024 and further to ₹8,131 crore in the TTM period.
Interest Expenses: Interest expenses followed a similar pattern, remaining relatively stable between ₹4,848 crore in March 2020 and ₹4,961 crore in March 2024, reaching ₹5,233 crore in the TTM period.
Expenses: Expenses, excluding interest, saw a significant reduction from ₹544 crore in March 2020 to ₹134 crore in March 2024, contributing to a stronger financial position.
Financing Profit and Margin: Financing profit increased from ₹2,176 crore in March 2020 to ₹2,689 crore by March 2024, with the financing margin improving from 29% in March 2020 to 35% in March 2024.
Other Income and Depreciation: Other income remained minimal until March 2024 when it spiked to ₹164 crore. Depreciation costs were consistently low, ranging between ₹6 crore and ₹11 crore.
Profit Before Tax and Net Profit: Profit before tax grew from ₹2,174 crore in March 2020 to ₹2,843 crore in March 2024. Similarly, net profit increased from ₹1,708 crore in March 2020 to ₹2,117 crore in March 2024, with a TTM value of ₹2,229 crore.
EPS and Dividend Payout: Earnings per share (EPS) rose from ₹8.53 in March 2020 to ₹10.57 in March 2024, reaching ₹11.14 in the TTM period. Dividend payout ratios fluctuated, peaking at 45% in March 2023, before settling at 39% in March 2024.
Overall, HUDCO Ltd showed resilience and growth, particularly in profit margins, revenue, and net profit, indicating a positive trajectory in its financial health.
FAQs
What is the projected maximum and minimum HUDCO Limited share price for 2030?
Answer: The projected maximum HUDCO Limited share price for 2025 is Rs. Rs 961.62, and the minimum is Rs 618.88.
Where can I view the latest HUDCO Limited share price?
Answer: You can view the latest HUDCO Limited share price on the official HUDCO Limited website or on any financial news website.
Is investing in HUDCO Limited a good idea?
Answer: Investing in HUDCO Limited is a subjective matter and depends on your risk appetite and the current market conditions.
What is the current dividend yield of HUDCO Limited?
Answer: The current dividend yield of HUDCO Limited is 0.51 %.
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Conclusion
In light of recent developments, HUDCO Ltd continues to reinforce its strong position and strategic direction in the public sector. The appointment of Shri Daljeet Singh Khatri as Director (Finance) reflects HUDCO’s dedication to bolstering its financial governance. Additionally, the new MoU with RITES marks a significant step towards expanded collaboration on major infrastructure projects. These initiatives not only enhance HUDCO’s operational capabilities but also reaffirm its pivotal role in India’s urban development and infrastructure sector. As the company embraces these forward-looking strategies, its robust performance and strategic initiatives point to a promising future, solidifying HUDCO’s role as a key contributor to India’s growth and development.
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