INSUBCONTINENT EXCLUSIVE:
Housing and Urban Development Corporation (HUDCO) has announced plans to raise up to Rs 3,000 crore through the issuance of unsecured,
taxable, redeemable, non-convertible debentures (NCDs) on a private placement basis.The Bond Allotment Committee, in its meeting held on
July 17, 2025, approved the issuance of Series-D 2025 NCDs with a face value of Rs 1,00,000 each
The total issue comprises a base size of Rs 500 crore and a green shoe option of Rs 2,500 crore.The three-year bonds will carry a coupon
rate of 6.64%, with interest and principal payments scheduled annually on June 17, 2026, July 17, 2027, and July 17, 2028
Rs 229.9 on BSE.Also Read: 9 undervalued mid-cap stocks with upside potential of up to 23%
Live EventsHUDCO Q4 earningsHUDCO posted a 4%
year-on-year rise in standalone net profit to Rs 728 crore in Q4FY25, compared to Rs 700 crore in the year-ago period
Revenue from operations surged 38% to Rs 2,845 crore from Rs 2,065 crore in Q4FY24.Sequentially, profit dipped 1% from Rs 735 crore in
Q3FY25, while revenue rose 3% from Rs 2,760 crore.For the full FY25, net profit rose 28% to Rs 2,709 crore from Rs 2,117 crore in FY24
Resources (EBR), stood at Rs 1,24,828 crore in FY25, up from Rs 92,654 crore in FY24
indicating neutral momentum
The MACD is at -0.2, below the center line, suggesting a bearish bias.HUDCO shares are trading below their 5-day to 50-day simple moving
averages but remain above the 100-day, 150-day, and 200-day averages.Also Read: SBI, Federal Bank among 11 banks that saw NPA improvement in
Q4(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own
These do not represent the views of TheIndianSubcontinent)
