Shares of Housing & Urban Development Corporation Ltd (HUDCO) would be in focus next week after the Navratna CPSE announced it has joined hands with the Jawaharlal Nehru Port Authority (JNPA) for financing major infrastructure projects.

In a filing with the stock exchanges on Friday, after market hours, the state-run company detailed the signing of a new Memorandum of Understanding (MoU) with JNPA, one of India's premier container handling ports. Advertisement

The pact opens a new avenue for HUDCO, expanding its financing portfolio deeper into the critical port infrastructure sector.

According to the exchange notification, the agreement is valued at an estimated Rs 5,000 crore.

The purpose of the MoU, the filing stated, is "to establish and initiate cooperation for exploring collabora

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