Brigade Enterprises gains as its group signs agreement to develop residential project in South Bengaluru
Brigade Enterprises is currently trading at Rs. 933.50, up by 9.05 points or 0.98% from its previous closing of Rs. 924.45 on the BSE.
The scrip opened at Rs. 940.95 and has touched a high and low of Rs. 941.70 and Rs. 927.00 respectively. So far 5872 shares were traded on the counter.
The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1450.00 on 27-Sep-2024 and a 52 week low of Rs. 812.85 on 07-Apr-2025.
Last one week high and low of the scrip stood at Rs. 964.20 and Rs. 920.05 respectively. The current market cap of the company is Rs. 22794.38 crore.
The promoters holding in the company stood at 41.13%, while Institutions and Non-Institutions held 42.77% and 16.09% respectively.
Brigade Group has signed a Joint Development agreement to develop a residential project in Banashankari, 5th Stage, South Bengaluru. The project will be spread over 7.5 acres and is poised to deliver thoughtfully designed high quality residential spaces. The project has a gross development value (GDV) of around Rs 1,200 crore and reinforces Brigade’s commitment to creating high-quality urban living experiences in Bengaluru’s high growth corridors.
The project will feature premium apartments tailored for discerning homebuyers seeking elevated living in a prime location. With proximity to key infrastructure, educational institutions, and commercial hubs, the development is set to become a landmark residential address in South Bengaluru.
Brigade Enterprises is engaged in developing residential, commercial and retail properties primarily in Bangalore and Mysore, and has also developed and is managing a number of serviced apartments under the brand, Brigade Homestead.
