HUDCO has further raised Funds of Rs. 5320 crore through Issue of Government of India Fully Serviced, Unsecured, Taxable HUDCO Bonds Series - V 2018 and the proceeds has been fully utilized for lending to Building Materials and Technology Promotion Council (BMTPC), an autonomous body of MoHUA.
Rs. 5,320 crore was accepted at cut-off coupon rate of 8.41% (payable semi-annually) for a tenor of 10 years. Post receipt of funds on 15Th March, 2019, bonds were allotted to successful bidders.
Shares of Housing and Urban Development Corporation Ltd was last trading in BSE at Rs.44.65 as compared to the previous close of Rs. 46.05. The total number of shares traded during the day was 217037 in over 2629 trades.
The stock hit an intraday high of Rs. 46.2 and intraday low of 44.45. The net turnover during the day was Rs. 9772911.