HUDCO signs MoU with YEIDA

Housing and Urban Development Corporation Limited (HUDCO) has signed a Memorandum of Understanding (MoU) with Yamuna Expressway Industrial Development Authority (YEIDA), a Government of Uttar Pradesh Undertaking on 21st August, 2024 at New Delhi.

The MoU is a collaboration to extend long-term financial assistance in terms of loan towards various projects on both sides of Yamuna Expressway undertaken by YEIDA, to undertake comprehensive range of Fee-based Consultancy services from concept to commissioning in identified sectors and Project Management Consultancy Services from project conceptualisation to completion, at mutually decided terms.

The MoU was signed by Shri Sanjay Kulshrestha, CMD, HUDCO and Dr. Arun Vir Singh, Chief Executive Officer, YEIDA in presence of other senior officials of HUDCO and YEIDA.

Shares of Housing & Urban Development Corporation Limited was last trading in BSE at Rs. 285.05 as compared to the previous close of Rs. 284.00. The total number of shares traded during the day was 742121 in over 10386 trades.

The stock hit an intraday high of Rs. 289.30 and intraday low of 283.15. The net turnover during the day was Rs. 212468765.00.

Source : Equity Bulls

Keywords

HousingandUrbanDevelopmentCorporation INE031A01017 HUDCO MoU YEIDA