JM Financial on Brigade Enterprises: Buy| Target Rs 1020| LTP Rs 873| Potential Upside 16% JM Financial has maintained a Buy rating on Brigade Enterprises with a target price of ₹1,020, implying a potential upside of 16% from the current market price of ₹873. (Disclaimer: Recommendations, suggestions, views and opinions given by the experts are…
The realty sector eclipsed its sectoral peers as the BSE Realty index delivered near double-digit weekly gains with significant impetus coming from the Reserve Bank of India’s (RBI’s) 50 bps points repo rate cut on Friday, unleashing the property stocks. The 10-stock index ended the week with 9.7% returns while rising by 5% on Friday….
February 4, 2025February 4, 2025 The share price of Brigade Enterprises Ltd, a Bengaluru-based real estate developer, increased by 3.3% after the Securities and Exchange Board of India (SEBI) approved the IPO of Brigade Hotel Ventures Ltd., a subsidiary. In the previous year, Brigade Hotel Ventures filed its IPO…
Realty firm Brigade Enterprises Ltd on Wednesday reported an 11 per cent decline in its consolidated net profit to Rs 118.98 crore in the September 2024 quarter. Its net profit stood at Rs 133.50 crore in the year-ago period. Total income also fell to Rs 1,138.13 crore in the second quarter of this fiscal compared…
Brigade Hotel Ventures Limited, a wholly-owned subsidiary of Brigade Enterprises, has submitted its Draft Red Herring Prospectus (DRHP) to the Securities and Exchange Board of India (SEBI) with the objective of raising Rs 900 crore through an initial public offering (IPO). The company plans to allocate the Net Proceeds for several strategic purposes including to…
August 6, 2024August 6, 2024 Shares of Brigade Enterprises Ltd surged 6% on 6 August after the company announced its quarterly earnings for the April-June quarter. The company reported an almost four-fold increase in net profit to Rs 81 crore for the quarter under review from Rs 22 crore…