HUDCO Stock Shows Positive Trend, Outperforms Sector and Sensex.

Jun 26 2024 12:20 PM IST
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HUDCO, a largecap company in the finance-housing industry, saw a 3.29% increase in its stock on June 26, 2024. It outperformed the sector by 2% and showed a trend reversal after 4 days of falling. With a 'Hold' call from MarketsMojo, investors can monitor its consistent growth and strong presence in the housing finance industry.


Housing & Urban Development Corporation . (HUDCO) has shown a positive trend in the stock market, gaining 3.29% on June 26, 2024. This largecap company in the finance-housing industry has been given a 'Hold' call by MarketsMOJO.

HUDCO's stock has outperformed the sector by 2% and has shown a trend reversal after 4 consecutive days of falling. The stock reached an intraday high of Rs 285.6, a 3.85% increase from the previous day. It is currently trading higher than its 5, 20, 50, 100, and 200 day moving averages.

In comparison to the Sensex, HUDCO's performance in the past day and month has been significantly higher, with a 3.69% and 10.31% increase respectively, while the Sensex has only shown a 0.62% and 4.15% increase.

HUDCO's positive performance can be attributed to its strong presence in the housing finance industry and its consistent growth in the market. With a 'Hold' call from MarketsMOJO, investors can continue to monitor HUDCO's performance and make informed decisions.
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