HUDCO signs MoU with SITCO

Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with Surat Integrated Transportation Development Corporation Limited (SITCO), a joint venture organization of Ministry of Railways through Rail Land Development Authority, Government of Gujarat through GSRTC and Surat Municipal Corporation, on 9th May, 2024 at New Delhi, with the aim of reinforcing cooperation and collaboration to leverage respective strengths for construction and development of Surat Multi Modal Transportation Hub (SMMTH) on the land provided by the Ministry of Railways and Government of Gujarat. The MoU was executed by Shri Sanjay Kulshrestha, CMD, HUDCO and Shri Manoj Garg, MD, SITCO in the presence of senior officials from HUDCO, SITCO and Rail Land Development Authority (RLDA).

Shares of Housing & Urban Development Corporation Limited was last trading in BSE at Rs. 223.70 as compared to the previous close of Rs. 207.60. The total number of shares traded during the day was 2684890 in over 20876 trades.

The stock hit an intraday high of Rs. 228.45 and intraday low of 203.70. The net turnover during the day was Rs. 593233854.00.

Source : Equity Bulls

Keywords

HousingandUrbanDevelopmentCorporation INE031A01017 HUDCO MoU SITCO