HUDCO.NS Stock Today, January 14: PMAY-U Push Lifts Lending Outlook
PMAY momentum in Odisha is front and center for HUDCO.NS today. The state plans to tap HUDCO UiWIN for PMAY-U 2.0 Odisha while targeting housing assistance for about 1 million beneficiaries by January-end. This could widen the PMAY project pipeline, supporting long-term lending and consultancy fees. In the previous session, the stock traded at ₹215.04 (previous close: ₹214.91), with a 52-week range of ₹158.85–₹253.73. We also note the next earnings date on 6 February 2026, which could align with PMAY execution updates.
PMAY-U push: what Odisha’s plan means for HUDCO
Odisha aims to provide PMAY housing aid to 10 lakh beneficiaries by January-end and use HUDCO UiWIN to speed PMAY-U 2.0 processes. Faster beneficiary onboarding and project tracking can translate into quicker sanctions and disbursements. We see this as a near-term pipeline lift for PMAY-linked projects. References: source, source.
A wider PMAY pipeline can support loan sanctions to implementing agencies and add consultancy mandates around urban planning and monitoring. For HUDCO, that means potential growth in affordable housing loans, fee income from advisory, and steadier collections as projects move to execution. If PMAY timelines hold, we expect improved near-term visibility in approvals and disbursements tied to PMAY-U 2.0 Odisha.
Stock snapshot and valuation check
Spot price: ₹215.04; day range: ₹212.70–₹219.47; 52-week: ₹158.85–₹253.73; market cap: ₹435,453,288,000. Trailing EPS: ₹13.99; P/E: 15.55; P/B: 2.41; dividend per share: ₹6.30 (yield ~2.90%). Returns: YTD -4.42%, 1Y +6.98%, 3Y +329.88%, 5Y +409.41%. These levels suggest moderate valuation with income support while awaiting PMAY-led growth.
Profitability is solid with ROE at 15.77% and net margin at 24.08%. Leverage is high (debt-to-equity 7.03) and interest coverage is thin at 0.46x, pointing to rate sensitivity. Price-to-sales stands at 3.74. We think sustained PMAY execution could aid asset quality and cash flows, but balance-sheet strength will depend on disciplined lending and timely state payments.
Technical setup and near-term levels
RSI at 52.49 is neutral-positive. MACD histogram at 1.81 and ADX at 21.09 indicate a mild uptrend developing. Stochastic %K at 83.15 and MFI at 72.87 flag near-term overbought risk. ATR is 6.01, implying moderate daily swings. OBV of 49,983,757 shows improving accumulation. We see scope for range trading unless a strong PMAY catalyst drives a breakout.
Immediate resistance sits near ₹219.47 (recent high), then ₹232.71 (upper Bollinger Band). Watch the ₹218.02 middle band as a pivot and ₹222.60 Keltner midpoint for confirmation. Supports are around ₹212.70 (session low), ₹210.59 (Keltner lower), and ₹203.33 (lower Bollinger Band). We prefer disciplined risk control given PMAY headlines can shift momentum quickly.
Catalysts, risks, and what we’re watching
We are watching January PMAY milestones in Odisha, the breadth of UiWIN adoption across agencies, and sanction-to-disbursement conversion. The 6 February 2026 earnings print will be key for loan growth, state-backed exposure, and consultancy revenues. Any disclosure on PMAY-U 2.0 Odisha tie-ups, disbursement timelines, or recoveries could reset expectations on PMAY-led visibility.
Execution slippages in PMAY, policy delays, and interest-rate pressure remain core risks, given high leverage and low coverage. Signals are mixed: Stock Grade is B+ (BUY), while a separate Company Rating shows C+ with a Sell tilt and DCF “Strong Sell.” We would weigh PMAY momentum, asset quality trends, and funding costs before taking directional calls.
Final Thoughts
PMAY progress in Odisha, paired with HUDCO UiWIN, can expand HUDCO’s addressable pipeline and accelerate execution. That supports lending growth, consultancy revenues, and better near-term visibility if timelines are met. The stock trades at ₹215.04 with moderate valuation metrics and a ~2.90% yield, while leverage and coverage demand caution. Technicals are neutral with mild positive momentum, and clear levels are visible on band indicators. Into February’s results, we suggest tracking PMAY sanction and disbursement data, Odisha’s beneficiary coverage by January-end, and commentary on state exposures. Consistent PMAY delivery could be the swing factor for sentiment and earnings quality.
FAQs
How does PMAY in Odisha impact HUDCO’s growth outlook?
Odisha’s plan to aid about 1 million PMAY beneficiaries and use HUDCO UiWIN can enlarge HUDCO’s project funnel. That typically leads to more sanctions for implementing agencies, faster disbursements as milestones are tracked digitally, and higher consultancy assignments. Together, these support fee income and interest earnings. If timelines hold, we expect improved visibility in approvals, and a healthier run-rate across PMAY-linked lending and services.
Is HUDCO’s current valuation attractive for long-term investors?
At ₹215.04, HUDCO trades at 15.55x trailing EPS and 2.41x book, with a ~2.90% dividend yield. ROE is 15.77% and net margin 24.08%, which are supportive. However, leverage is high (debt-to-equity 7.03) and interest coverage is low (0.46x), so rates and funding costs matter. Long-term attractiveness hinges on steady PMAY execution and disciplined asset quality.
What technical levels should traders watch near term?
We are watching ₹219.47 as immediate resistance and ₹232.71 as the next ceiling. The ₹218.02 middle Bollinger Band is an important pivot, while ₹222.60 on Keltner channels can confirm strength. On the downside, supports sit near ₹212.70, then ₹210.59 and ₹203.33. With RSI at 52.49 and ATR at 6.01, we see a neutral-to-positive bias but urge tight risk control.
What are the main risks to the PMAY-linked thesis for HUDCO?
Key risks include delays in PMAY approvals, slower beneficiary verification, funding bottlenecks at state agencies, and higher interest rates pressuring spreads and coverage. HUDCO’s high leverage amplifies rate sensitivity. Any slippage in PMAY execution, or weaker recoveries on older exposures, could dampen loan growth and earnings. Monitoring Odisha’s January-end milestone and management’s guidance will be critical.
Disclaimer:
The content shared by Meyka AI PTY LTD is solely for research and informational purposes. Meyka is not a financial advisory service, and the information provided should not be considered investment or trading advice.
