HUDCO shares hovered near ₹216, stuck in a tight ₹210-220 range that SEBI analyst Deepak Pal called an "accumulation phase." Support lies at ₹212-210, with a breakout above ₹220 opening scope for ₹228-232. Fundamentals remain anchored by government backing and infra demand, though risks include margin pressure, project delays, and reliance on policy moves. Retail mood: bullish.