Ask Profit | Brigade Enterprises In Focus | NDTV Profit

Separately, the company’s arm, Brigade Tetrarch Private Ltd., said it has entered into an agreement to develop a 1.4 million square feet leasable office space on Airport Road in Bangalore.

Brigade Enterprises Surges 11% After Q1 Profit Jumps Four-Fold

Upcoming results: Oil and Natural Gas Corporation(ONGC), Bharti Airtel, Marico, BEML, Bharti Hexacom, Avanti Feeds, BLS International, Motherson Sumi Wiring India, Brigade Enterprises, Century Plyboards, Deepak Nitrite, Devani International, Gujarat State Fertilizers and Chemicals (GSFC), H.G. Infra Engineering, Honeywell Automation, Orient Cement, Sandhur Maganese and Iron Ores, Schneider Electric Infrastructure, Syrma SGS Technology, Tata Chemicals, Triveni Turbine, V-Mart Retail, VRL Logistics.

Stock Alert: Britannia Inds, Titan Company, Divis Lab, State Bank of India, Delhivery, Sheela Foam

Brigade Enterprises: FY24 saw a strong show in all its key segments - residential real estate, rentals and hospitality

Brigade Enterprises likely to stand tall on robust launch pipeline

Brigade Enterprises Ltd has lost 3.75% over last one month compared to 0.16% fall in BSE Realty index and 2.93% rise in the SENSEX

Brigade Enterprises Ltd Spikes 1.89%

Sensex, Nifty updates on 24 July 2024 - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 24 July 2024 - Indian benchmark indices trade rangebound with weak bias on Wednesday, influenced by a tax hike on equity trading. At 12.25 p.m., the BSE Sensex fell 567.36 points to 79,861.68, while the NSE Nifty dropped 135.05 points to 24,344. Despite recovering from intraday lows on Tuesday, the Nifty 50 needs a decisive break above 24,650 for a bullish outlook, and the Nifty Bank index faces significant resistance around 52,800-53,000. Realty stocks such as Sobha, Prestige Estate Projects, DLF, Brigade Enterprises, and Macrotech Developers are at critical levels. Emkay Global maintains a favourable stance on FMCG and two-wheelers, while Nuvama Asset Management’s Nikhil Ranka notes potential pressure on defense and railway stocks. Geojit’s VK Vijayakumar suggests focusing on FMCG stocks like ITC and United Spirits for superior returns amid tax hikes on capital gains. He highlights the Budget’s emphasis on growth and financial stability, viewing fiscal consolidation and discouraging excessive F&O speculation as positives. Meanwhile, Asian shares dropped, and foreign investors net sold shares worth ₹2,975 crore on Tuesday.

Share Market Highlights 24 July 2024: Equity tax hike drags down Indian markets; focus shifts to FMCG and two-wheeler

Stock Market Today | Share Market Live Updates - Find here all the live updates related to Sensex, Nifty, BSE, NSE, share prices and Indian stock markets for 24 July 2024 - Indian benchmark indices trade rangebound with weak bias on Wednesday, influenced by a tax hike on equity trading. At 12.25 p.m., the BSE Sensex fell 567.36 points to 79,861.68, while the NSE Nifty dropped 135.05 points to 24,344. Despite recovering from intraday lows on Tuesday, the Nifty 50 needs a decisive break above 24,650 for a bullish outlook, and the Nifty Bank index faces significant resistance around 52,800-53,000. Realty stocks such as Sobha, Prestige Estate Projects, DLF, Brigade Enterprises, and Macrotech Developers are at critical levels. Emkay Global maintains a favourable stance on FMCG and two-wheelers, while Nuvama Asset Management’s Nikhil Ranka notes potential pressure on defense and railway stocks. Geojit’s VK Vijayakumar suggests focusing on FMCG stocks like ITC and United Spirits for superior returns amid tax hikes on capital gains. He highlights the Budget’s emphasis on growth and financial stability, viewing fiscal consolidation and discouraging excessive F&O speculation as positives. Meanwhile, Asian shares dropped, and foreign investors net sold shares worth ₹2,975 crore on Tuesday.

Stock Market Live Updates 24 July 2024: Equity tax hike drags down Indian markets; focus shifts to FMCG and two-wheeler

Union Budget 2024-25 impact: DLF, Brigade Enterprises, Prestige Estates, Godrej Properties and Sunteck Realty dropped up to 5 per cent afer FM proposed to withdraw indexation benefit on house resale.

Realty indexation benefit gone, tax rate cut in Budget 2024. Stock strategy

Real Estate Stocks: On the bourses, shares of Prestige Estates, Oberoi Realty, Brigade Enterprises, DLF, Embassy REIT, and Mindspace Business Parks REIT, have surged in the range of 11 to 214 per cent

Realty check: Avoid buying commercial real estate stocks, caution analysts

TVS Holdings Ltd, TD Power Systems Ltd, Railtel Corporation of India Ltd and Brigade Enterprises Ltd are among the other losers in the BSE’s ‘A’ group today, 15 July 2024.

Shipping Corporation of India Ltd leads losers in ‘A’ group

Realty firm Brigade Enterprises is expecting more than Rs 400 crore revenue from its newly-launched residential tower in Bengaluru.

Brigade Enterprises expects over Rs 400 cr revenue from new housing project

Price return has been average, nothing exciting

Performance

Seems to be overvalued vs the market average

Valuation

Lagging behind the market in financials growth

Growth

Showing good signs of profitability & efficiency

Profitability

The stock is overpriced but is not in the overbought zone

Current price is more than the intrinsic value

Fundamentals

Good time to consider, stock is not in the overbought zone

Technicals

Entry point

Promoter pledged holding

Unsolicited messages

Default probability

Red flags

Brigade Enterprises Limited is a property development company. The Company focuses on residential, offices, retail and hospitality projects.

Brigade Enterprises Ltd