Fri, Apr 19, 2024
Informing Sebi, HUDCO said on Thursday, "We wish to inform that Department of Public Enterprises (OPE) has, vide its letter dated 18th April, 2024, granted the Navratna Status to Housing and Urban Development Corporation Limited (HUDCO)."
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Wed, Oct 18, 2023
HUDCO shares crashed 9% on Wednesday, October 18, after the government announced that it would sell up to a 7% stake in the company at a floor price of Rs 79 per share. The offer for sale (OFS) opened on Oct 18 for non-retail investors and tomorrow for retail investors. The floor price of Rs 79 per share is at a discount of 12%. Shares of HUDCO closed at Rs 89.92, up 0.36% on BSE.
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