Ministry of Housing and Urban Affairs is the largest shareholder in the company, having a 61.08% share. 20.73% share is with the Ministry of Rural Development while the public holding is 18.19%.
The Company earned a Gross profit of Rs 2268.64 Crore in 2020-21, compared to Rs 2174.53 Crore last year. HUDCO had announced a total dividend of 21.25% to its shareholders. It had earlier paid an interim dividend of Rs 103.71 Crore @ 7.5%.
The shareholding of MoHUA at the time of the interim dividend was 69.08% which was subsequently reduced to 61.08% after divestment. It also paid Rs 50 Crore as an unspent CSR fund to the government account.
At around 12.17 pm, HUDCO is trading at Rs45.25 per piece up 0.6% on Sensex. The stock has touched an intraday high and low of Rs45.70 per piece and Rs45.10 per piece respectively.