HUDCO

Crashes Nearly 11% Weekly Despite Profit Surge: What Triggered the Selloff?

shares remained under heavy pressure, extending weekly losses to 10.97% for the week ended 15 May. The stock plunged 7.53% after Q4 results showed a sharp 39% decline in pre-tax profit, while total expenses surged to ₹3,004 crore from ₹1,835 crore a year ago. Investor sentiment weakened despite net profit doubling to ₹1,981 crore, largely driven by deferred tax gains rather than core operational strength. Adding a silver lining, the board recommended a final dividend of ₹1.50 per share. Rising costs and weaker operating performance overshadowed headline profit growth, triggering aggressive selling in the counter. 📌 Disclaimer: This content is for information only and not investment advice. Investments in securities market are subject to market risks. Read all the related documents carefully before investing. Please consult a SEBI-registered advisor before making any investment decisions.