HUDCO Share why its declining throughout the week

HUDCO Share why it’s declining throughout the week

From the past few days we can see HUDCO ( Housing and Urban Development Corporation Ltd ) has not changed its colour to green as we can see around a 9% decline on Wednesday and there is news that the government will sell up to 7% of its stake through an offer for sale.

If you are planning to buy HUDCO shades then you have to wait for tomorrow as retail investors cannot invest directly in HUDCO discounted prices.

As you know HUDCO ltd. Is controlled by government so the government has decided they will sel 3.5% equity for 14.01 crore shares through the offer for sale.

Retail investors can invest their money in HUD from tomorrow 19th October.

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