Housing and Urban Development Stock Forecast: Housing and Urban Development Share Price Target
This post will discuss the Housing and Urban Development share price target for the upcoming year. We will analyse the estimated stock price of the company so that you can make better decisions about investing in it. Before we dive into the company’s share price predictions, let’s first understand the company’s background, financials, technical fundamentals, etc.
Housing & Urban Development Limited: An Overview
Housing & Urban Development Limited is a mini-Ratna organisation incorporated in 1970 with complete ownership by the government of India (81.81% of shares are now held by the GoI). The organisation is engaged in providing finance for the establishment of new towns. Also, it works as a consulting service for designing and planning projects relating to housing and urban development programmes in India and abroad.
| Company name | Housing & Urban Development Limited |
| Industry | Financial services |
| Founded | April 25, 1970 |
| Country | India |
| Official website | www.hudco.org |
Key Metrics
| Market Cap | ₹ 11,741.14 |
| Sectoral Market Cap Rank | 22 |
| Total Revenue | ₹ 6,997.66 crore (FY 2022) |
| Net Income | ₹ 1,716.41 crore (FY 2022) |
| Total Assets | ₹ 78,893.67 crore (FY 2022) |
| Total Equity | ₹ 14,466.82 crore (FY 2022) |
| PE Ratio (x) | 6.50 |
| Price to Book Ratio (x) | 0.80 |
| EPS – TTM (₹) | 9.04 |
| Primary Exchange | NSE / BSE |
| Stock – 52 Week High & Low | ₹ 60.35 / ₹ 31.85 |
Highlights of the Housing & Urban Development Limited stock forecast are shown in the table below.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2023 | ₹ 56 | ₹ 65 |
| 2024 | ₹ 58 | ₹ 70 |
| 2025 | ₹ 67 | ₹ 75 |
| 2026 | ₹ 62 | ₹ 72 |
| 2027 | ₹ 64 | ₹ 74 |
| 2028 | ₹ 68 | ₹ 75 |
| 2029 | ₹ 70 | ₹ 80 |
| 2030 | ₹ 75 | ₹ 90 |
Important Note: These are stock forecasts of “Housing & Urban Development Limited” and are for reference purposes only. Short-term and long-term Housing & Urban Development Limited share price targets could differ materially from the forecast due to the different time series analysed. These forecasts are valid only when there is positive market sentiment. This analysis does not incorporate any uncertainties in the company or global market conditions.
Past Performance of the Housing and Urban Development Limited
Earnings and Revenue History
- Earning: Housing and Urban Development Limited has high-quality earnings and a historical earnings growth rate of 9.1%.
- Growing Profit Margin: The company’s current net profit margins of 65.1% are higher than 59.6% last year.
Past Earnings Growth Analysis
- Earnings trend: When we analyse the company’s earnings, they have grown by 9.1% per year over the last 5 years.
- Accelerating Growth: The company’s earnings growth last year was 20.9%, which exceeded its 5-year average earning growth of 9.1% per year and also exceeded its industry earnings growth of 20.3%.
Return on Equity
Housing and Urban Development Limited has a return on equity of 12.3% which is considered low.
Return on Assets
The company has a return on assets of 2.4%.
Housing and Urban Development Limited’s stock forecast for the upcoming years
Housing and Urban Development share price target for 2023
The expected minimum share price of Housing and Urban Development Ltd. by this year will be ₹ 56, and the highest can go up to ₹ 65.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2023 | ₹ 56 | ₹ 65 |
Housing and Urban Development share price target for 2024
If we talk about the share price target in 2024, then as per our predicted stock price, the minimum share price will be ₹ 58 and the maximum ₹ 70.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2024 | ₹ 58 | ₹ 70 |
Housing and Urban Development share price target for 2025
According to our stock market knowledge and sound judgement of stocks, we predict that 2025 will not be a good year for investing in Housing and Urban Development Limited. The stocks can reach a maximum high of ₹ 67 and a maximum low of ₹ 75. However, before responding to these recommendations for any stock, you must do your research and analysis. Trading and investing involve a significant level of risk, so consult a financial expert before making any decisions.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2025 | ₹ 67 | ₹ 75 |
Housing and Urban Development share price target for 2026
As per the forecasted stock price during 2026, the minimum share price will be ₹ 62 and the maximum will touch ₹ 72.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2026 | ₹ 62 | ₹ 72 |
Housing and Urban Development share price target for 2027
As per our predictions, Housing & Urban Development Limited is not a good pick for investment purposes. In 2027, as per the predicted stock price, the share price will be at a minimum of ₹64 and can go up to ₹74. Which makes it a bad option as an investment.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2027 | ₹ 64 | ₹ 74 |
Housing and Urban Development share price target for 2028
2028 is a great year for the company’s growth. If we analyse the expected stock price of Housing and Urban Development Limited, it is all the same as previous years. This year, as per our stock forecasting system, the share price will be between ₹ 68 and ₹ 75.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2028 | ₹ 68 | ₹ 75 |
Housing and Urban Development share price target for 2029
As per the forecasted stock price during 2029, the minimum share price will be ₹ 70 and the maximum will touch ₹ 80.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2029 | ₹ 70 | ₹80 |
Housing and Urban Development share price target for 2030
As per our analysis and considering current and past market trends, we believe that the stock will grow marginally over the next seven years. If this happens, the stock may reach ₹ 90 levels by 2030. This prediction is only valid if the market sentiment is positive. Any uncertainty in the company or global market conditions is not included in this analysis.
| Year | Minimum Price | Maximum Price |
|---|---|---|
| 2030 | ₹ 75 | ₹ 90 |
Also Read: ICICI Prudential Life Insurance Share Price Target for 2024, 2025, 2030, and 2040
Recommendations: Invest in Housing and Urban Development Limited stock or sell it?
According to our stock analyst, the company shares will have a negative trend in the future, so Housing and Urban Development Corporation Limited shares are not a good investment to make money. As this stock has a negative outlook, we recommend looking for some other company’s stock instead of investing in it.
FAQ’s
What is the PE ratio of Housing & Urban Development Limited?
The current PE ratio (price-earnings ratio) of Housing & Urban Development Limited is 6.50.
What is the 52-week high and low of Housing & Urban Development Limited's share price?
Housing & Urban Development Limited's share price saw a 52-week high of ₹ 60.35 and a 52-week low of ₹ 31.85.
What will Housing & Urban Development Limited's share price forecast be for 2024?
According to our forecast, the share price of Housing & Urban Development Limited in 2024 can be at least ₹ 58 and, at its maximum, around ₹ 70.
What will be the Housing & Urban Development Limited share price forecast in the next 5 years?
According to our forecast, the share price of Housing & Urban Development Limited in the next five years can be at least ₹ ₹ 68 and at its maximum, around ₹ 75.
What will be the Housing & Urban Development Limited share price forecast in the next 7 years?
According to our forecast, the share price of Housing & Urban Development Limited in the next five years can be at least ₹ 75 and at its maximum, around ₹ 90.
Is it profitable to invest in Housing & Urban Development Limited stock?
As per our predicted stock analysis, Housing & Urban Development Limited will have a negative trend in the future, and its shares are not good for making money from investments.
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