HUDCO Q4 Results, May 15 -- Housing and Urban Development Corporation (HUDCO) came under sharp selling pressure on Friday, 15 May, with the multibagger PSU stock falling more than 8% despite reporting strong financial results for the March quarter and announcing a dividend for shareholders.

The stock declined even after the state-run housing finance and infrastructure lender posted a sharp jump in profitability during Q4FY26. HUDCO reported a net profit of Rs.1,981 crore for the March quarter, more than doubling from Rs.728 crore reported in the corresponding quarter last year. The sharp rise in profit was aided by a deferred tax credit of over Rs.1,300 crore during the quarter.

The company's Board of Directors also approved a dividend ...