Navratna PSU Coming With 11.50% Dividend, Record Date Next Week; Are You Holding HUDCO Shares?

In 2024, the Indian government awarded Navratna status to the Housing and Urban Development Corporation, or HUDCO. It's a Public Sector Undertaking (PSU) that specializes in funding urban infrastructure and housing initiatives. The primary reasons why HUDCO shares are in the spotlight today are the company's impressive first-quarter financial results and its announcement of the first interim payout for FY26.

HUDCO Dividend

The company approved the "Declaration of 1st Interim Dividend of Rs. 1.15/- per equity share i.e., @ 11.50 % (subject to deduction of TDS) on the face value of Rs.10/- each, for the Financial Year 2025-26 and fixation of Thursday, 14th August, 2025 as Record date for reckoning eligibility of shareholders for the purpose of payment of 1st Interim Dividend. The process of payment of Interim Dividend will be completed within 30 days of its declaration," said HUDCO in a stock exchange filing.

HUDCO Q1FY26 Results

In the June 2025 quarter, HUDCO recorded net sales of Rs 2,937.31 crore, increasing 34.22% from the June 2024 quarter's net sales of Rs 2,188.35 crore. Its net profit climbed 13% from Rs. 557.75 crore in Q1FY25 to Rs. 630.23 crore in Q1FY26. EBITDA improved 31.91% from Rs. 2,150.35 crore in the year-ago quarter to Rs. 2,836.48 crore in the quarter under review.

HUDCO Target Price

"HUDCO is maintaining strong bullish momentum after a recent breakout above ₹200. The stock is now trending firmly above short-term moving averages with rising volumes, indicating sustained buying interest. Immediate support lies at ₹198-₹200, while resistance is seen at ₹215. RSI continues to support upward movement, and dips toward ₹202-₹204 may offer favorable entries with a stop-loss below ₹198. The outlook remains positive for the short to medium term," said Riyank Arora, technical analyst at Mehta Equities Ltd.

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