Introduction:
Leading realty developer has unveiled a premium residential project in Chennai’s IT corridor with a revenue potential of ₹1,700 crore. Spanning 6.5 acres, the project features three 43-floor towers, offering luxurious living with world-class amenities and seamless city connectivity..
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Share price movement of Brigade Enterprises:
On March 07, 2025, Brigade Enterprises Ltd. opened at ₹977.90, up 1.37% from its previous close of ₹958.25. The stock reached a high of ₹994.90 and a low of ₹960.10. By 12:39 PM, it traded at ₹971.40, with a market cap of ₹23,738.55 crore.
Brigade Group Launches Brigade Altius:
Brigade Group has unveiled Brigade Altius, a premium residential project in Chennai’s IT corridor, with a revenue potential of ₹1,700 crores. Spanning 6.5 acres, the project features three 43-floor towers, making it one of the tallest developments in the area.
Strategically located in Sholinganallur, Brigade Altius offers seamless connectivity to major business hubs. The towers, rising to 143 meters, provide panoramic city views and ensure privacy with no shared walls between units. A skybridge connects the buildings, enhancing the architectural appeal and luxury living experience.
Brigade Altius boasts 50,000 sqft of world-class amenities, including recreational and leisure spaces set amid lush greenery. Brigade Enterprises Ltd.’s Managing Director, Pavitra Shankar, emphasized the company’s commitment to expanding in Chennai, aiming to double growth across residential, commercial, and hospitality sectors.
Recent news on Brigade Enterprises:
As of February 20, 2025, Brigade Group announced a ₹1,500 crore investment in Kerala, aiming to create 12,000 jobs over five years. The company signed an MoU with Technopark to develop a World Trade Centre in Thiruvananthapuram.
Ace investor holding in Brigade Enterprises:
Manjula M K
Manjula M K holds 6,728,818 shares, representing a 2.75% stake in Brigade Enterprises Ltd, with an estimated worth of ₹654.3 crore. This significant holding reflects confidence in the company’s growth and expansion across the real estate sector.
M G Suraj
M G Suraj holds 6,453,907 shares in Brigade Enterprises Ltd., representing a 2.64% stake valued at ₹629.0 crore. This investment highlights their strong confidence in the company’s long-term growth and expansion in the realty sector.
Stock performance of Brigade Enterprises for Period of 1 week, 6 months, and 1 year:
Brigade Enterprises Ltd. recorded a 1.18% gain over the past week, while its six-month performance declined by 27.3%. However, the stock showed resilience with a 4.74% growth over the past year, reflecting long-term investor confidence in the company.
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Shareholding pattern of Brigade Enterprises:
| Particulars | Dec 2024 | Sep 2024 | Jun 2024 |
| Promoter | 41.40% | 41.40% | 43.70% |
| FII | 20.20% | 18.50% | 16% |
| DII | 22.90% | 24.00% | 22.90% |
| Public | 15.50% | 16.10% | 17.30% |
About Brigade Enterprises:
Brigade Enterprises Ltd. (NSE: BRIGADE) is a leading real estate developer with nearly four decades of expertise. It has transformed skylines across South India with landmark residential, commercial, retail, and hospitality projects in major cities, including Bengaluru and Chennai.
Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.
