HUDCO shares fall 12% as Budget disappoints on policy boost and capex
- Posted on February 3, 2025
- By Financial Express
- 2 Views
HUDCO shares fall 12% as Budget disappoints on policy boost and capex
HUDCO’s stock fell by 12% after the 2025-26 budget was announced, disappointing investors due to a lack of focus on affordable housing and reduced capital expenditure. Despite a 41.6% increase in net profit and an interim dividend of Rs 2.05 per share, the stock has continued to decline by 14%.