New Delhi, April 9 -- HUDCO share price traded higher on Wednesday despite a fall in the Indian stock market after the announcement of the Reserve Bank of India's (RBI) monetary policy and repo rate cut decision. HUDCO shares gained as much as 1.73% to Rs.210.65 apiece on the BSE after the state-run infrastructure financier announced the receipt for government approval to issue Capital Gain Tax Exemption bonds.

The PSU company, Housing & Urban Development Corporation Ltd on Wednesday said that it has received an approval from the Central Board of Direct Taxes to issue Capital Gain Tax Exemption bonds w.e.f. 1st April, 2025.

"... we wish to inform that Central Board of Direct Taxes, Department of Revenue, Ministry of Finance vide Notific...