These stocks surged more than 10 per cent today

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4) Housing & Urban Development Corporation Limited

HUDCO (Housing & Urban Development Corporation Limited)

Photo Credit: HUDCO

HUDCO zoomed by 11 per cent to close the day at 23.85.

HUDCO informed the Exchange that the Committee of the Board approved the issue/allotment of Unsecured, Redeemable, Non-Convertible, Non-Cumulative Taxable Bonds in the nature of debentures on a private placement basis. Bonds are aggregating upto Rs. 1,470 crore. It will have a face value of Rs.10,00,000 each. Board meeting was held on 12 May, 2020.

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