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Hudco, AU Small Finance extend rally on heavy volumes

Hudco surged 10% to Rs 86, while AU Small Finance Bank soared 9% to Rs 618 on BSE in intra-day trade

Hudco, AU Small Finance extend rally on heavy volumes
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SI Reporter Mumbai
Shares of Housing and Urban Development Corporation Limited (Hudco) and AU Small Finance Bank have rallied upto 10%, extending their Tuesday’s rally on BSE, on back of heavy volumes.

Hudco surged 10% to Rs 86.20, its highest level since listing in May, on back of an over four-five jump in trading volumes. The stock of housing finance company on Tuesday ended 13% higher at Rs 78.40, after hitting high of Rs 79.70 in intra-day trade.

Till 11:21 am; a combined 36.86 million shares have already changed hands on the counter against an average sub five million shares were