Published on 10/03/2017 11:37:03 AM | Source: Dion Global Solutions Ltd.

India Home Loan surges 2% on entering into MoU with SUDA

Posted in Stock On The Move| #NBFC #Stock On The Move #India Home Loan Ltd

Shares of India Home Loan soared over 2 per cent on the Bombay Stock Exchange after it entered into a Memorandum of Understanding (MoU) with Surat Urban Development Authority (SUDA) for facilitating housing loans to borrowers under economically weaker sections (EWS) for buying houses/flats under the scheme of Mukhyamantri Gruh Yojna at various locations in city of Surat.

Boosted by the development, shares of company gained as much as 2.46 per cent at Rs 99.80 apiece on the Bombay Stock Exchange. Meanwhile, the broader benchmark BSE Sensex was trading at 28,982.33, up 53.20 points, or 0.18 per cent, at 11:01 hours.