Powered by: Motilal Oswal
2025-12-01 11:07:46 am | Source: Accord Fintech
Brigade Enterprises rises on signing JDA to develop premium residential project in Hyderabad
Brigade Enterprises rises on signing JDA to develop premium residential project in Hyderabad

Brigade Enterprises is currently trading at Rs. 900.75, up by 5.30 points or 0.59% from its previous closing of Rs. 895.45 on the BSE.

The scrip opened at Rs. 914.95 and has touched a high and low of Rs. 914.95 and Rs. 897.90 respectively. So far 3270 shares were traded on the counter.

The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 1340.00 on 06-Dec-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. 959.95 and Rs. 849.10 respectively. The current market cap of the company is Rs. 22101.42 crore.

The promoters holding in the company stood at 41.12%, while Institutions and Non-Institutions held 41.94% and 16.94% respectively.

Brigade Group has signed a Joint Development Agreement (JDA) with a land owner to develop a premium residential project in Begumpet, one of Hyderabad’s most well-connected and established urban neighbourhoods. This aligns with Brigade’s continued focus on the Telangana market.

Spread across around 3 acres of prime land, the project will offer a development potential of around 0.5 million sq. ft., with an estimated revenue potential exceeding Rs 800 crore. Planned as a high-quality contemporary residential community, the development will feature thoughtfully designed homes to meet the lifestyle needs of modern urban families. Offering seamless access to major business hubs, social infrastructure, and transport networks, the development highlights Brigade’s commitment to thoughtfully located urban living spaces.

With this addition, Brigade continues to deepen its presence in Hyderabad’s residential sector, contributing to the evolving skyline of the city. 

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.

Disclaimer: The content of this article is for informational purposes only and should not be considered financial or investment advice. Investments in financial markets are subject to market risks, and past performance is not indicative of future results. Readers are strongly advised to consult a licensed financial expert or advisor for tailored advice before making any investment decisions. The data and information presented in this article may not be accurate, comprehensive, or up-to-date. Readers should not rely solely on the content of this article for any current or future financial references. To Read Complete Disclaimer Click Here