HUDCO shares jump 4% after signing Rs 25,000 crore MoU with Bihar government for infrastructure development

HUDCO shares jumped nearly 4% after the company signed an MoU with the Government of Bihar to provide financial assistance of up to Rs 25,000 crore over five years for industrial infrastructure and land acquisition. The development comes after HUDCO signed another Rs 1 lakh crore MoU with Bihar in July for urban infrastructure projects.