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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
10 May, 2025 11:05 IST
Housing and Urban Infra Finance settles 21% higher on listing day
Source: IRIS | 19 May, 2017, 04.15PM
Rating: NAN / 5 stars.
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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.
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