Hudco shares in focus after Rs 11,300 crore MoU with Nagpur Metro

Housing & Urban Development Corporation (Hudco) signed a non-binding MoU with Nagpur Metropolitan Region Development Authority (NMRDA) to provide up to Rs 11,300 crore for metro, housing, and infrastructure projects over five years. The pact, attended by Maharashtra CM Devendra Fadnavis, also covers consultancy and capacity-building support. Analysts expect the deal to strengthen Hudcos long-term lending portfolio.