Housing & Urban Development Corporation Ltd
(BSE Code: 540530) (CMP: Rs.45) (FV: Rs.10)
Housing & Urban Development Corporation Ltd (HUDCO) hit the capital markets in 2017 through its IPO priced at Rs.60/share, which was oversubscribed by 79 times. Currently, the stock trades at a P/E of just 9.78x. Considering its growth potential, we recommend this stock for a price target of Rs.70 within a year.