Hudco Stock Update : Although there are many companies in the stock market which keep making their investors rich, today we will discuss among you all about a stock which has seen huge benefits due to the government.
Just as the government has built more than 3 crore houses in the cities under the Pradhan Mantri Awas Yojana, under which the poor people can get their shelter and this incentive work has been done very fast by the government, after which this company There has been a significant increase
Let us tell you that Housing and Urban Development Corporation Limited ( HUDCO ) is in the news these days regarding its target price. In the last 1 year, this stock has provided a tremendous return of about 373% to its investors and in 5 years it has given a tremendous return of about 605%. Have become rich by giving returns, it has increased by almost 30% in the last one month also.
Hudco Stock Important Fundamentals
At present the market cap of this company is Rs 56202 crores. Its share price is trading around Rs 281. The company also provides very good dividend to its investors. Face value remains at ₹ 10. Compounding sales growth of last 5 years is 7. % and compounding profit growth has been around 12%. Due to its strong infrastructure development, this company remains in the news a lot. The company’s revenue has increased from around Rs 1852 crore to Rs 2065 crore in Quarter 4 Financial Year 2024.
In this, the company has increased by about 9% from Rs 639 crore to Rs 700 crore. This is the net profit that has been made and in the last 6 months also it has provided very good returns to its investors. Let us tell you that this company Housing and Urban Development Corporation Limited specializes in housing and infrastructure projects, including retail loans and also provides consultancy services. It is a national and international company which is run by government employees.
The company continues to conduct construction work workshops and many other programs under If we look at the promoter holding of the company, there is 75 percent promoter holding and around 13% of the qualified institutional holding is in this company, which shows that there is something Good in the company due to which qualified institutional are in this company
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