HUDCO Experiences Significant Trend Reversal Amidst Ongoing Market Challenges

Jan 29 2025 09:45 AM IST
share
Share Via
Housing & Urban Development Corporation (HUDCO) experienced a notable uptick today, reversing a seven-day decline. The stock outperformed its sector while the broader market showed modest gains. Despite today's positive movement, HUDCO remains below key moving averages, indicating ongoing challenges in its market position.
Housing & Urban Development Corporation (HUDCO) has shown notable activity today, gaining 3.3% on January 29, 2025. This increase marks a significant trend reversal for the stock, which had experienced seven consecutive days of decline prior to this uptick. During today's trading session, HUDCO reached an intraday high of Rs 215.35, reflecting a 3.11% increase at its peak.

In terms of performance metrics, HUDCO has outperformed its sector by 1.71% today, while the broader market, represented by the Sensex, recorded a modest gain of 0.36%. However, it is important to note that HUDCO's performance over the past month has been less favorable, with a decline of 4.96%, compared to the Sensex's decrease of 3.20%.

Despite today's positive movement, HUDCO is currently trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a challenging market position. Investors and market watchers will be keen to observe how these trends evolve in the coming days.
{{stockdata.stock.stock_name.value}} Live

{{stockdata.stock.price.value}} {{stockdata.stock.price_difference.value}} ({{stockdata.stock.price_percentage.value}}%)

{{stockdata.stock.date.value}} | BSE+NSE Vol: {{stockdata.index_name}} Vol: {{stockdata.stock.bse_nse_vol.value}} ({{stockdata.stock.bse_nse_vol_per.value}}%)


Our weekly and monthly stock recommendations are here
Loading...
{{!sm.blur ? sm.comp_name : ''}}
Industry
{{sm.old_ind_name }}
Market Cap
{{sm.mcapsizerank }}
Date of Entry
{{sm.date }}
Entry Price
Target Price
{{sm.target_price }} ({{sm.performance_target }}%)
Holding Duration
{{sm.target_duration }}
Last 1 Year Return
{{sm.performance_1y}}%
{{sm.comp_name}} price as on {{sm.todays_date}}
{{sm.price_as_on}} ({{sm.performance}}%)
Industry
{{sm.old_ind_name}}
Market Cap
{{sm.mcapsizerank}}
Date of Entry
{{sm.date}}
Entry Price
{{sm.opening_price}}
Last 1 Year Return
{{sm.performance_1y}}%
Related News