HUDCO signs MoU with MPUDCL

Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with Madhya Pradesh Urban Development Company Limited (MPUDCL), on 11th July, 2025 at Indore.

The non-binding MoU has been signed to extend financial assistance for an amount of Rs.1,00,000 Crore over a period of five years for various Housing and Infrastructure projects, in the State of Madhya Pradesh. The HUDCO will also extend Consultancy Services for the projects along with Capacity-Building support for their successful implementation.

The MoU was signed in presence of Dr. Mohan Yadav, Hon'ble Chief Minister, Madhya Pradesh, Shri Kailash Vijayvargiya, Hon'ble Minister, Urban Development and Housing, Madhya Pradesh, Shri Sanjay Kulshrestha, the Chairman & Managing Director, HUDCO and other dignitaries.

Shares of Housing & Urban Development Corporation Limited was last trading in BSE at Rs. 230.65 as compared to the previous close of Rs. 231.30. The total number of shares traded during the day was 157600 in over 1885 trades.

The stock hit an intraday high of Rs. 233.50 and intraday low of 229.35. The net turnover during the day was Rs. 36506964.00.

Source : Equity Bulls

Keywords

HousingandUrbanDevelopmentCorporation INE031A01017 HUDCO HousingFinance MoU MPUDCL