- HUDCO’s net income has increased by 13% year-on-year, reaching 6.3 billion rupees.
- Revenue has risen significantly, up by 34% from the previous year, totaling 29.4 billion rupees.
- Total costs have also grown, up by 38% year-on-year, amounting to 20.9 billion rupees.
- The company declared a dividend of 1.15 rupees per share.
- Despite strong financial results, HUDCO shares decreased by 3.2%, trading at 211.82 rupees.
- Trading volume was substantial, with 2.85 million shares exchanged.
- Investment analysts have 2 buy recommendations, with no holds or sells.
Housing and Urban Development Corporation Limited on Smartkarma
Analysts on Smartkarma, such as Manishi Raychaudhuri, are keeping a bullish outlook on Housing and Urban Development Corporation Limited. In the research report titled “Asian Equities: Twenty Attractive and Cheap Indian Mid-Caps,” insightful analysis indicates that despite the high valuation of Indian midcap indices, there are fundamentally strong midcaps offering value when considering growth prospects.
Raychaudhuri’s report emphasizes the importance of fundamental strength and rising EPS estimates in identifying attractive mid-cap stocks. The analysis focuses on companies in various sectors, including financials, materials, industrials, and consumer discretionaries, with a thematic emphasis on renewable energy, data centers, healthcare, tourism, and infrastructure. This research highlights the potential for Housing and Urban Development Corporation Limited to be a promising investment opportunity within the Indian mid-cap space.
A look at Housing and Urban Development Corporation Limited Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 4 | |
| Dividend | 5 | |
| Growth | 4 | |
| Resilience | 3 | |
| Momentum | 3 | |
| OVERALL SMART SCORE | 3.8 |
Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma
With strong scores in Dividend and Value, Housing and Urban Development Corporation Limited presents a promising long-term outlook. The company, known for providing financial aid for housing and urban infrastructure developments in India, has received high ratings indicating consistency in dividend payouts and attractive valuations. Coupled with above-average scores in Growth, Housing and Urban Development Corporation Limited showcases potential for expansion and positive performance in the future.
Although scoring slightly lower in Resilience and Momentum, the company’s overall outlook remains positive. Despite facing some challenges in terms of resilience and momentum, Housing and Urban Development Corporation Limited‘s solid foundation in dividend and value aspects positions it well for long-term growth and sustainability in the housing and urban infrastructure sector.
Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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