HUDCO Gains On Heavy Volumes On Tuesday

Housing and Urban Development Corporation Limited (HUDCO) gained on heavy volumes over 13% during Tuesday’s trading session.

The total traded volume in the stock stood at 5,29,76,478 shares with traded value of Rs 409.61 crore on Tuesday on NSE. The trading volumes were 35.7 times the 20-day average for the day.

HUDCO gained around 20% till now as against its issue price of Rs 60 per share. The stock closed at Rs 78.4 per share, higher by Rs 8.85 per share or 12.72%. Meanwhile, both the major indices in the market closed at their record closing high. Nifty closed at 9,786 level, up by 15 points and Sensex closed at 31,747 level, up by 31 points in Tuesday’s trading session.

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