HUDCO Shares Rise 3% on Rs 25,000 Cr Bihar Industrial Funding
HUDCO shares on NSE rose about 3% to around Rs 184 as investors tracked a government shareholding restructuring and a new Bihar commitment. The Ministry of Rural Development’s HUDCO stake will be transferred to the Ministry of Housing and Urban Affairs, keeping the Centre’s 75% holding unchanged. HUDCO also signed a Sept 2, 2026 MoU with Bihar to provide up to Rs 25,000 crore over five years for industrial infrastructure, including land acquisition, with repayment backed by project revenue or ring-fenced receivables.