HUDCO stock rises 4% following ₹25,000-crore deal with Bihar
Shares of HUDCO climbed almost 4% following the signing of a ₹25,000-crore memorandum of understanding with the Bihar government. The agreement focuses on land acquisition and industrial infrastructure development. This financial support is set to be distributed across five years, featuring flexible repayment options that extend up to 25 years. Previously, in July, HUDCO had entered into a different agreement with Bihar valued at ₹1 lakh crore.