Market Performance
Stock market today saw HUDCO share price in the spotlight. On Tuesday’s trade, the stock opened at ₹220 on the BSE, marking a rise of over 1% compared to the previous day’s close of ₹217.15.
In the last six months, HUDCO stock has gained 19.92%, bouncing back strongly from its March 2025 low of ₹158.90. The scrip had earlier touched a 52-week high of ₹264.40 in September 2024, before slipping due to market-wide concerns.
Now, with the latest announcement, the stock once again draws investor attention as it trades close to the ₹219–₹220 range.
Main News: HUDCO Signs MoU for ₹11,300 Crore Project in Maharashtra
HUDCO share price gained traction after the company, in its post-market update on Monday, announced an MoU with the Nagpur Metropolitan Region Development Authority (NMRDA).
The agreement, worth ₹11,300 crore, will span across five years and focus on:
- Infrastructure development in Nagpur Metropolitan Region
- Housing projects
- Land acquisition
HUDCO also plans to strengthen its role by offering consulting services and capacity-building initiatives to align with NMRDA’s new requirements.
In its official exchange filing, HUDCO described the MoU as a “non-binding collaborative partnership”, designed to support the growth and development needs of the Nagpur region.
Company Details
Housing & Urban Development Corporation (HUDCO), a government-backed financial institution, has long been involved in funding housing and urban infrastructure. With this fresh collaboration, HUDCO is expected to play a pivotal role in shaping Nagpur’s urban development over the next half decade.
Key highlights from the update:
- Total commitment: ₹11,300 crore
- Duration: 5 years
- Focus: Housing, infrastructure, land acquisition
- Additional support: Consultancy and capacity building
HUDCO Share Price Movement
The stock’s journey has been eventful in the past year:
- 52-week high: ₹264.40 (September 2024)
- 52-week low: ₹158.90 (March 2025)
- Current levels: Near ₹219–₹220 (September 2025)
- 6-month performance: Up 19.92%
The rebound from March’s correction to current levels reflects renewed optimism in HUDCO’s growth story, particularly after the fresh Maharashtra deal.
Summary
To sum it up, HUDCO share price is back in focus on the back of a ₹11,300 crore MoU with NMRDA. The deal, spread across five years, aims at driving housing, infrastructure, and land development in Nagpur’s metropolitan area.
With the stock already showing a near 20% rise over the past six months, the market’s spotlight remains firmly on HUDCO’s execution of this large-scale partnership.
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