HUDCO signs major deal with JNPA for ₹5,000 crore; shares set to soar on Monday! Investors keenly eye it

News Topical, Digital Desk : Housing and Urban Development Corporation Limited (HUDCO) shares will be in focus next week. HUDCO has announced that it has joined forces with the Jawaharlal Nehru Port Authority (JNPA) to finance major infrastructure projects. In a filing to the stock exchange after market hours on Friday, the state-owned company detailed the signing of a new Memorandum of Understanding (MoU) with JNPA, one of India's leading container-handling ports. This news could impact its shares on Monday.

According to an exchange notification, the agreement is valued at approximately ₹5,000 crore. The filing states that the MoU aims to "initiate and establish cooperation to explore collaboration in the financing and refinancing of existing and upcoming infrastructure development and port infrastructure projects at JN Port."

"The objective of this non-binding MoU is to establish and initiate collaboration to explore cooperation in financing and refinancing of existing and upcoming infrastructure development and port infrastructure projects at JN Port, estimated to amount to Rs 5,000 crore," HUDCO said.

Can HUDCO shares run away on Monday?

Following this partnership, investors will be watching Housing and Urban Development Corporation Limited shares on Monday. On Friday, its shares fell -0.77% to close at ₹226.99 on the NSE. While this agreement is currently non-binding, it lays the foundation for a major financial collaboration that will allow HUDCO to fund or refinance a variety of projects at the crucial port.

The company's market capitalization stood at ₹45,413 crore. The stock is currently trading down nearly 15% from its 52-week high of ₹263.95.

How have been the quarterly results of HUDCO?

HUDCO reported a net profit of ₹630.23 crore for Q1FY26, up 13 percent from ₹557.75 crore in the same period last year. Sanctions grew 143 percent to ₹34,224 crore, reflecting strong demand momentum, while disbursements reached a record high of ₹12,812 crore. The loan book also grew 29 percent to a new peak of ₹1,34,410 crore.

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