HUDCO plans ₹3,000 cr NCD issue; analyst eyes key breakout
HUDCO will raise up to ₹3,000 crore via non-convertible debentures, as part of its ₹65,000-crore FY26 borrowing plan for housing and infrastructure projects. Backed by the government, HUDCO posted a 13% Q1 profit rise to ₹630 crore and paid a ₹1.15 interim dividend. Analyst Mayank Singh Chandel said a close above ₹253.73 is needed to confirm a technical breakout.