HUDCO To Consider Results, Dividend In 7-Days; Shares Plunge

Navratna public sector undertaking (PSU) Housing & Urban Development Corporation shares (HUDCO) informed today about its upcoming meeting of Board of Directors scheduled to take place on May 7, 2025 to consider financial results and final dividend. HUDCO share price slipped 1.37% to Rs 224.00 per share on Bombay Stock Exchange (BSE). However, HUDCO stock price witnessed impressive jump of 357.88% in last 2-years. The PSU has a market capitalisation of Rs 44,842.56 crore with return on equity stood at 17.05%. Life Insurance Corporation Of India (LIC) has stake of 7.08% with 141,656,287 shares of the firm. Meanwhile, President of India has 75% stake in HUDCO. Check key details below:

HUDCO To Consider Financial Results, Final Dividend

According to the BSE filing of the company dated April 30, 2025, “We wish to inform you that a meeting of Board of Directors of the Company is scheduled to be held on Wednesday, 7th May, 2025 inter-alia:

To consider and approve the Audited Financial Results (Standalone and Consolidated) for quarter & year ended 31st March, 2025; and
To consider recommendation of final dividend to the shareholders for the financial year 2024-25, if any, subject to the approval of the shareholders in the ensuing Annual General Meeting.”

HUDCO Previous Dividend In 2025

Board of Directors of the PSU on March 10, 2025 considered and approved declaration of Second Interim Dividend of Rs. 1.05/- per equity share, i.e. @ 10.50% (subject to deduction of TDS) on the face value of Rs. 10/- each, for the Financial Year 2024-25. It set March 14, 2025 as Record date for determining the eligibility of shareholders for payment of Interim Dividend.

HUDCO Shares Performance

The 52-week high price of Housing & Urban Development Corporation shares on BSE stood at Rs 353.95 per share (as on 12/07/2024) and 52-week low price is Rs 158.90 per share (as on 03/03/2025), respectively. HUDCO shares zoomed 12.59% in last 1-month, slipped over 5% year-to-date, and offered stunning returns of 536.88% in last 3-years. The stock offered shareholders eye-popping returns of 787.35% in last 5-years.

HUDCO Dividend History

It recommended a total of 16 dividends since 2017. In last 1-year span, Housing and Urban Development Corporation announced an equity dividend of Rs 5.75 per share. HUDCO offers a dividend yield of 2.56%, according to Trendlyne.

Fundraising Update

The company also issued an update on fundraising today. As per the BSE filing dated April 30, 2025, “We hereby wish to inform that pursuant to the approval of the Board of Directors on 04.04.2025, for raising of funds of up to Rs.65,000 crore through issue of bonds/ debentures during FY 2025-26, the ‘Bond Allotment Committee’ in its meeting proposed to be held on 06″ May,2025 proposes to approve issue/ allotment of Unsecured, Taxable, Redeemable, Non-Convertible, Non-Cumulative NCDs of face value of Rs.1,00,000 each (Series-B 2025) aggregating up to Rs.3,000.00 crore on private placement basis as per Term Sheet enclosed.”

HUDCO Financials Compared With Peer Group

The company announced its profit after tax (PAT) for December quarter at Rs 688.62 crore. In comparison, PFC for the similar quarter announced its PAT at Rs 2,075.84 crore, RECLTD announced a PAT of 1,274.56 crore, and IFCI reported its PAT at Rs -37.66 crore.

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