If you’re curious about HUDCO’s share price outlook, here’s a snapshot of what to expect. HUDCO, a key player in housing and urban development, is projected to see its share price move as follows: ₹315.14 in 2024, ₹340.64 in 2025, ₹365.84 in 2026, ₹401.70 in 2027, ₹435.71 in 2028, ₹472.18 in 2029, and ₹510.16 by 2030. These targets reflect the company’s growth potential and its role in supporting urban and housing development across India. HUDCO Share Price on NSE as of 12 September 2024 is 251.60 INR. This article will provide more details on HUDCO Share Price Target 2024, 2025, 2026 to 2030.
HUDCO Company Details
HUDCO, or Housing and Urban Development Corporation, is an Indian public sector company dedicated to promoting housing and urban development projects across the country. Established in 1970, HUDCO primarily provides financial and technical assistance for housing and urban infrastructure development.
HUDCO plays a crucial role in supporting various government schemes and projects aimed at improving living conditions in urban and rural areas. Its initiatives include funding for affordable housing projects, infrastructure development, and urban renewal.
With its commitment to enhancing urban living standards and fostering sustainable development, HUDCO continues to be a key player in India’s housing and urban development sector.
| Official Website | hudco.org |
| HUDCO Full Name | Housing and Urban Development Corporation |
| Industry | Financial services |
| Founded | 25 April 1970 |
| Headquarters | New Delhi |
| Chairman & MD | Sanjay Kulshrestha |
| Number of employees | 827 (March 2019) |
| Category | Share Price |
HUDCO Shareholding Pattern
- Promoter – 75.2%
- Fll – 1.2%
- Dll – 11.8%
- Public – 11.8%
- Others – 0%
Current Market Overview Of HUDCO Share Price
- Open – ₹232.25
- High – ₹252.85
- Low – ₹231.60
- Current Price – ₹251.60
- Mkt cap – ₹50.26KCr
- P/E ratio – 22.60
- Div yield – 1.65%
- 52-wk high – ₹353.70
- 52-wk low – ₹70.50
HUDCO Share Price Recent Graph
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HUDCO Share Price Target Tomorrow
For HUDCO shares, the price targets are set as follows:
- 2024: ₹315.14
- 2025: ₹340.64
- 2026: ₹365.84
- 2027: ₹401.70
- 2028: ₹435.71
- 2029: ₹472.18
- 2030: ₹510.16
Factors Affecting HUDCO Share Price Growth
Here are seven factors that can affect the share price growth of Housing and Urban Development Corporation Limited (HUDCO):
- Government Policies on Housing: As HUDCO is heavily involved in financing housing projects, any change in government policies related to affordable housing and urban development can significantly impact its business. Supportive policies can lead to more projects and increase profitability, positively affecting the share price.
- Interest Rate Changes: As a financial institution, HUDCO’s profitability is sensitive to changes in interest rates. Lower interest rates can reduce borrowing costs for both the company and its customers, leading to increased demand for loans and potentially boosting the share price.
- Economic Growth: The overall economic environment plays a vital role in determining the demand for housing and urban development projects. Strong economic growth generally leads to higher income levels, increased demand for housing, and more investment in infrastructure, which can benefit HUDCO.
- Loan Repayment Performance: The performance of HUDCO’s loan portfolio, including the ability of its borrowers to repay loans on time, directly affects the company’s financial health. High non-performing assets (NPAs) can hurt profitability and investor confidence, while good repayment performance can boost the share price.
- Urbanization Trends: The increasing trend of urbanization in India is a positive factor for HUDCO, as more people moving to cities creates demand for housing and infrastructure development. This demand can drive growth for HUDCO and positively impact its share price.
- Competitive Landscape: The level of competition in the housing finance sector can influence HUDCO’s market share and pricing power. Intense competition may lead to lower margins, while a dominant market position can help maintain or grow profitability.
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Investor Sentiment and Market Trends: Broader market trends and investor sentiment towards public sector enterprises and the housing finance sector can impact HUDCO’s share price. Positive sentiment can attract more investors, driving up the share price, while negative sentiment can have the opposite effect.
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FAQ
Q1. Is HUDCO a good stock to buy?
Ans. HUDCO is considered a stable investment, especially if you are interested in the housing and urban development sector. Its consistent performance and growth projections make it an appealing choice for long-term investors.
Q2. What is the dividend price of HUDCO in 2024?
Ans. The dividend price of HUDCO is Rs 4.15 per share in 2024.
Q3. What is the forecast for HUDCO?
Ans. HUDCO’s forecast suggests a gradual increase in its share price, with target projections reaching ₹315.14 in 2024, ₹340.64 in 2025, and continuing to rise in the subsequent years.
Q4. What is the future prospect of HUDCO share?
Ans. HUDCO shares are expected to see steady growth, with projected prices reaching ₹315.14 in 2024 and continuing to rise to ₹510.16 by 2030.Â
I am Ankita Vasishtha, passionate about trading and deeply committed to sharing my knowledge and insights with individuals like you. With a solid understanding of market dynamics and a knack for identifying trends, I strive to empower you with the information you need to thrive in trading.