220.2400 -9.77 (-4.25%)
NSE Apr 25, 2025 15:31 PM
Volume: 7.6M
 

ICICI Securities Limited
Surge in advances growth led by housing segment Given massive shortage in housing with ~4.4 crore units in rural and ~1.9 crore in urban areas coupled with the government's push towards housing through various schemes and subsequent infrastructure development enables ample growth opportunity. In Q1FY20, Hudco reported ~55% YoY growth to | 75890 crore, primarily led by ~59% YoY accretion in housing segment (that contributed ~95.7% of advances). Slippages from exposure to private sector remains a concern...
Housing and Urban Development Corporation Ltd. is trading above its 150 day SMA of 216.3
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