HUDCO signs MoU with VPPL

Housing and Urban Development Corporation Limited (HUDCO), has signed a Memorandum of Understanding (MoU) on 21st January, 2025 with Vadhvan Port Project Limited (VPPL), a joint venture of JNPA (Government of India) and Maharashtra Maritime Board (MMB), an entity of Government of Maharashtra. Through this MoU, HUDCO shall explore and provide funds upto Rs.25000 Crore for development of new ports/PPP projects of VPPL.

The MoU was signed by Shri M Nagaraj, Director (Corporate Planning), HUDCO and Shri Unmesh Sharad Wagh, I.R.S., Chairman & Managing Director, VPPL.

Shares of Housing & Urban Development Corporation Limited was last trading in BSE at Rs. 221.50 as compared to the previous close of Rs. 227.35. The total number of shares traded during the day was 1161797 in over 11343 trades.

The stock hit an intraday high of Rs. 230.60 and intraday low of 216.35. The net turnover during the day was Rs. 258937762.00.

Source : Equity Bulls

Keywords

HousingandUrbanDevelopmentCorporation INE031A01017 HUDCO VadhvanPortProject MoU