This article concerns share price targets for the next 10 to 15 years based on technical analysis, fundamental goals, and past performance. The estimated Hudco share price target 2024 to 2030, and 2035 are shown below.
Overview
Hudco is a Indian public sector registered company, under the ministry of housing and urban affairs (MoHUA), incorporated in 1970, headquartered in Delhi, India. Its principal aim is to offer long-term financing for the construction of affordable housing and to promote urban development projects. HUDCO plays an important role in financing housing and infrastructure development in both urban and rural areas.
Hudco share price target 2024 to 2030 and 2035
Hudco Share Price Targets are: 2024 – 342.60 to 366.25, 2025 – 409 to 425, 2026 – 478 to 500, 2027 – 533 to 589, 2028 – 611 to 653, 2029 – 725 to 792 , 2030 – 866 to 890 and price forecasted 1587 to 1626 by 2035.
Year | First target | Second target |
2024 | 342.60 | 366.25 |
2025 | 409 | 425 |
2026 | 478 | 500 |
2027 | 533 | 589 |
2028 | 611 | 653 |
2029 | 725 | 792 |
2030 | 866 | 890 |
2035 | 1587 | 1626 |
Hudco share price target 2024
The NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) listed Hudco under the symbol HUDCO. The company’s closing share price as of September 27, 2024, was 238.45. It is not a fixed share price; fluctuation happens every second in the open market.
Hudco share price target 2024 is 342.60 as the first target and 366.25 as the second target
Month | First target | Second target |
August | 306.50 | 311.30 |
November | 220 | 232.15 |
December | 361.10 | 366.25 |
Hudco share price target 2025
HUDCO was the first to approve projects for the reuse of waste water in thermal power plants, energy and material recovery from municipal solid waste through public-private partnerships, and so on. HUDCO also provides take-out financing for projects, and significant infrastructure projects are funded on a consortium basis to mitigate project risk.
Hudco share was listed on stock exchange NSE & BSE as on May 2017, in price range 70 to 80, since then share price was in that zone only till September, 2023. the stock has seen uptrend in past 1 year and grown by 4 times by its actual price.
Hudco initial forecasted share value for the beginning of the year 2025 is 375. The semi-annual price forecast may rise to 409 in a positive market sentiment. The price at the end of the year is forecast at 425.
Month | First target | Second target |
January | 375 | 381 |
May | 396 | 402 |
September | 409 | 411 |
December | 416 | 425 |
Hudco share price target 2026
The company works on funding infrastructure projects for the sectors like emerging, sewerage, loan application form, power, drainage, commercial infrastructure, innovative projects, implementing agencies, road & transport, smart city, water supply, solid waste management etc.
Hudco initial forecasted share value for the beginning of 2026 is 451. The semi-annual price forecast may rise to 478 in a positive market sentiment. The price at the end of the year is forecast at 500.
Month | First target | Second target |
January | 446 | 451 |
May | 468 | 473 |
September | 478 | 489 |
December | 494 | 500 |
Hudco share price target 2027
Revenue has grown by 16% YoY, and expenses grew by 11%. The company made profit after tax of Rs. 3,98,524 lakhs in financial year 2024 compared to 2,98,624 lakhs in financial year 2023. Overall, the financials are good. Looking at these highlights, we may assume the share price target for Hudco 2027 is 505 at the beginning of the year, 533 at the middle of the year, and 589 at the end of the year.
Month | First target | Second target |
January | 505 | 511 |
May | 515 | 523 |
September | 533 | 544 |
December | 555 | 589 |
Hudco share price target 2028
Hudco share price target for 2028 is 595 at the start of the financial year. The price was forecast at 611 in the middle of the year with some price consolidation for some months, and the projected share price is 653 at the end of the year.
Month | First target | Second target |
January | 592 | 595 |
May | 600 | 606 |
September | 611 | 623 |
December | 648 | 653 |
Hudco share price target 2029
Hudco price in 2029 is expected to reach 725 to 792, with some consolidation zones. The initial forecasted share value for the beginning of the year is 670. The semi-annual price forecast may rise to 725 in a positive market sentiment. The price at the end of 2029 is forecast at 775 to 792.
Month | First target | Second target |
January | 662 | 670 |
May | 689 | 694 |
September | 725 | 738 |
December | 775 | 792 |
Hudco share price target 2030
The initial price target of Hudco is 800 at the beginning of the year 2030. The half-yearly price forecast can rise to 866 in a positive market situation. The price at the end of the year is forecast to 890.
Month | First target | Second target |
January | 800 | 805 |
May | 825 | 859 |
September | 866 | 877 |
December | 884 | 890 |
know more BEL share price target
Hudco share price target 2035
Depending on company economics and sector demand and supply with a favorable trend pattern, we may assume the target price of Hudco share price target of 2035 to be 1587 at the beginning of the year, 1600 at the middle of the year, and 1626 at the end of the financial year.
What is Hudco?
Hudco is Housing and Urban Development Corporation, is a public sector undertaking company, incorporated in 1970, under ministry of housing and urban affairs. The company works on proving financial support for various infrastructure related projects such as, financing for water management, drainage, power, smart city projects etc.
What is Hudco share price target for 2024?
Hudco share price target for 2024 is 342.60 as the first target and 366.25 as the second target.
What is Hudco share price target for 2025?
Hudco share price target for 2025 is 409 as the first target and 425 as the second target.
Conclusion
This article presents Hudco share price targets 2024 to 2030 and 2035. Targets are mentioned based on technical and fundamental analysis. stock may be corrected by any news or by companies’ poor or good results. Consider it a proposed level of guidance and not a recommendation. The stock market has high risk and unpredictable moves; invest with your risk appetite and a well-researched advisory.