HUDCO signed an MoU with Nagpur Metropolitan Region Development Authority (NMRDA) to provide up to ₹11,300 crore in funding for land, housing, and metro projects over five years. SEBI analyst Vatsal Khemka said the deal boosts HUDCO's infra-finance positioning. Trading near ₹213 support, the stock offers an "ideal risk-reward setup," with 15% upside potential for medium-term investors.