HUDCO Share Price Target Tomorrow From 2024 To 2030

HUDCO Share Price Target Tomorrow From 2024 To 2030

HUDCO Share Price Target 2024 To 2030 – Housing & Urban Development Corporation Ltd. (HUDCO) is a public sector undertaking that mainly focuses on financing and development of housing and urban infrastructure in India. HUDCO was set up in 1970, and it has been providing loans and financial support to different government departments, private and public sector organizations and undertakings for affordable housing, urban development and infrastructure. 

The organisation has a vision of inclusive growth, and hence, it has a mission to enhance the quality of urban life by providing funds for housing for economically weaker sections.

Housing & Urban Development Corporation Ltd. Share Price Overview 

  • Today’s open: 267.75
  • Today’s high: 269.45
  • Today’s low: 261.30
  • Current share price: 262.40
  • Market Capital: 52,440 Cr.
  • P/E : 23.57
  • Dividend Yield: 1.75%
  • 52-week High: 67.65
  • 52 Week Low: 353.70

HUDCO Share Price Current Graph

HUDCO Share Price Current Graph

HUDCO Share Price Target Tomorrow From 2024 to 2030

Below are the estimated share prices of Housing & Urban Development Corporation Ltd. for the upcoming years from 2024 to 2030:

HUDOC Target Years Target Price(in ₹)
2024 300
2025 458
2026 502
2027 556
2028 625
2029 700
2030 854

Shareholding Pattern For HUDCO Share Price

  • Promoters: 75%
  • Retail and others: 10.66%
  • Mutual funds: 3%
  • Other domestic institutions: 8.64%
  • Foreign institutions: 2.7% 

HUDCO Share Price Annual Income Statement

The given chart shows the comparison between revenue and net income.

HUDCO Share Price Annual Income Statement

Below mentioned is the Annual income Statement with the annual graph: 

(INR) 2024 Y/Y Change 
Revenue  31.95B +20.32%
Operating Expense  3.49B +0.36%
Net income  21.17B +24.41%
Net Profit Margin  66.24 +3.39%
Earnings Per Share 
EBITDA
Effective Tax Rate  25.56%

Risks And Challenges For HUDCO Ltd. Share Price 

The share price of Housing & Urban Development Corporation Ltd. faces several key risks and challenges:

Interest Rate Risk

As a financial institution, HUDCO is aware of the impact of interest rates in the market. This is because when interest rates rise, the cost of borrowing goes up, which may lead to decreased demand for credit among HUDCO’s clients, hence dampening the growth of the loan portfolio of the corporation.

Funding Constraints

HUDCO relies on various sources of funds, and among them is borrowing from the capital markets. Any hiccups in its ability to source funds at these preferential rates will impact its lending ability and, hence, its viability.

Urbanisation Trends

The business of HUDCO is directly linked with the pace of urban development and government policies and schemes in housing. Any change in the rate of urbanisation or the company’s focus on affordable housing projects can affect its business model.

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