HUDCO, other housing stocks jump 9% after govt greenlights 3 crore additional houses under PMAY

June 11, 2024

Shares of housing finance and infrastructure project firms surged after the NDA government’s decision to assist 3 crore households with house construction under Pradhan Mantri Awas Yojana, leading to a boost in shares of companies like Home First Finance and Aavas Financiers.

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HFCL’s AI, data centre exposure drives Nuvama’s Buy call; target implies 56% upside

Nuvama has initiated coverage on HFCL with a ‘Buy’ rating and a target price of Rs 380, implying a 56% upside from its reference price

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PC Jeweller, Shanti Gold & other jewellery stocks rally up to 10%. Here’s why

Jewellery stocks, including Shanti Gold International, PC Jeweller and Sky Gold and Diamonds, rose sharply on Friday as mutual fund houses temporarily restricted fresh subscriptions

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