Live news , top stories, corporate news, company news, sector news, economy news, results analysis news, ceo interviews, fund manager interview, advisor interview, market news, bazaar talk, hot stocks news, ipo news, commodities news, mutual fund news, insurance news, news wire
22 May, 2018 09:44 IST
Housing and Urban Infra Finance settles 21% higher on listing day
Source: IRIS | 19 May, 2017, 04.15PM
Comments  |  Post Comment

Housing and Urban Infrastructure Finance (HUDCO), which got listed on the bourses today, settled at a premium of 20.92% over its issue price.  At the NSE, stock closed at Rs 72.55 a share as against issue price of Rs 60 a share.

Shares witnessed a high of Rs 77.85 and a low of Rs 71.00 after opening at Rs 73 that is 21.67% premium over its issue price. 

HUDCO is a wholly owned Government company with focus on Housing and Urban Infrastructure Finance in India. The Government is divesting its 10% stake in the company as part of its disinvestment programs.

Comments Post comment 
 Post Comment
Name Email
Comment
Security Code type    into this box
Related Articles
Wipro Gallagher Solutions launches NetOxygen Saas for Loan Origination - 22-May-2018 09:41
Glenmark submits Ryaltris NDA application to USFDA - 22-May-2018 09:38
L&T Construction wins orders worth Rs 40.33 bn - 22-May-2018 09:33
Sensex ends 232 points lower; Nifty settles at 10,516 - 21-May-2018 16:08
Infibeam Incorporation to acquire Dubai based Vavian Int'l - 21-May-2018 15:35
Ind-Ra downgrades Reliance Infra and its NCDs to 'BBB+' - 21-May-2018 15:31
FICCI pitches for immediate excise duty cut to deal with oil price rise - 21-May-2018 12:20
Sensex falls near 80 points; Nifty trades at 10,559 - 21-May-2018 11:12
UltraTech to acquire demerged cement division of Century Textiles - 21-May-2018 10:38
Thermax to acquire stake of Babcock & Wilcox in JV - 21-May-2018 10:29
L&T Hydrocarbon wins two contracts for fertilizer plants - 21-May-2018 10:24
more...
Home  |   Shares  |   F&O  |   Mutual Funds  |   Loans  |   Insurance  |   News Centre
Wealth Tracker  |   Newsletters  |   Tax Corner  |   NRI Centre  |   Advertise
© All rights reserved. IRIS Business Services Limited
A Disclaimer