The Housing and Urban Development Corporation (Hadco) jointly participated in 10 %, which killed the Lower Circuit for $ 195.66 on February 3, 2025.
The stock was opened at $ 214.00, which was slightly below its last $ 217.40, but due to severe sales pressure, it fell sharply. The massive exchange of 2.09 crore shares was exchanged, which costs 10 410 crores, the standing drop -looking drop -investors searched for answers.
On February 3, Hadko’s trade meeting was marked by highly fluctuating. After the stock was opened at $ 214.00, the low circuit of 195.66 was briefly touched 414.20 before falling faster.
This 10 % drop has been align with its wider down trend over the past one year, costing 44.6 %, which is 35 353.70 from its 52 -week height, which is recorded in April 2024. While the real reason for the rapid decline is not clear, analysts attribute the fall. Faces over a potential reduction in profitable booking, broader sector reforms, and public infrastructure costs.
Other players in the sector, such as NBCC and IRB Infrastructure, also recorded the losses, though no one like Hudco is severe.
A Mumbai -based market strategy noted, “Investors are suffering from delays in the project and linked to liquidity barriers. Hadko rely on state government plans – often obstructing bureaucratic red tape. The concerns have been intensified.
Analysts believe that the upcoming union budget 2025-26, which is expected to allocate 1.2 million crores for urban infrastructure, can play an important role in determining the possibility of recovery of Hadko.
