03 Sep 2026 | 5 Mins Read
HUDCO shares rise 4% after Rs 25,000 crore MoU with Bihar for infrastructure
Flipitmoney
HUDCO shares rose nearly 4% after signing an MoU with the Bihar government to provide up to Rs 25,000 crore over five years for industrial infrastructure development, including land acquisition. Funds will be offered with flexible terms and long repayment schedules. The MoU is valid for three years, subject to annual review. HUDCO shares are up 321% over five years.