Introduction:
Realty stock announced plans to invest ₹1,500 crore in Kerala, focusing on expanding its presence with a second World Trade Center (WTC), a luxury island resort in Vaikom, and a residential project in Kochi, creating over 12,000 jobs by 2030.
Share Price movement of Brigade Enterprises:
On February 24, 2025, Brigade Enterprises Limited opened at ₹1,006.10, reaching a high of ₹1,020.35 and a low of ₹985.00, down 0.52% from its previous close of ₹1,006.05. Currently, it is trading at ₹1,000.85, with a market cap of ₹24,458.23 crore.
Brigade Enterprises new investments:
Brigade Enterprises announced its plans to invest ₹1,500 crore in Kerala, aiming to generate over 12,000 jobs in the next five years. The investment will focus on expanding its footprint in Kerala, including a second World Trade Center (WTC) and residential projects.
The company has submitted an Expression of Interest (EOI) at the Invest Kerala Global Summit 2025, highlighting its future projects. Brigade intends to develop a luxury island resort in Vaikom and a residential project in Kochi, with a target completion date of 2030.
Brigade also entered into an MoU with Technopark to develop a WTC in Thiruvananthapuram, adding 1.5 million sq. ft of infrastructure. The Group has a strong presence in Kerala’s real estate and IT sectors, with successful projects like WTC Kochi and Four Points Sheraton.
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Recent news About Brigade Enterprises:
Brigade Enterprises has recently reported a significant increase in its third-quarter net profit, which more than tripled to ₹236 crore, driven by strong sales and leasing growth. The company also announced plans to develop a mixed-use project in Hyderabad, targeting ₹3,300 crore in home sales.
Ace investor holding of Brigade Enterprises:
Manjula M K holds 6,728,818 shares of Brigade Enterprises, representing 2.75 percent of the company. The investment is valued at rs 673.5 crore, with a minor decrease of -0.01 percent from the previous quarter, showing consistent confidence in the company’s potential.
M G Suraj & M G Suraj (HUF) hold 6,453,907 shares of Brigade Enterprises, representing 2.64 percent of the company. Their investment is valued at rs 645.9 crore, with no change from the previous quarter, indicating stable confidence in the company’s performance.
Stock performance of Brigade Enterprises for Period of 1 week, 6 months and 1 year:
Brigade Enterprises stock has gained 1.00 percent over the past week, reflecting short-term growth. However, it has experienced a 15.0 percent decline over the last six months, showing some challenges. Over the past year, the stock saw a slight dip of -0.63 percent, indicating overall stability.
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Shareholding pattern of Brigade Enterprises:
| All values in % | Dec-24 | Sep-24 | Jun-24 |
| Promoters | 41.37 | 41.37 | 43.72 |
| FII | 20.23 | 18.47 | 16.17 |
| DII | 22.91 | 24.02 | 22.86 |
| Retail & others | 15.5 | 16.14 | 17.26 |
About Brigade Enterprises:
Brigade Enterprises is a leading real estate developer in India, focusing on residential, commercial, and hospitality projects. With a strong presence in key cities, the company is known for premium developments, including World Trade Centers, luxury properties, and mixed-use developments across India.
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.
