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Buy Brigade Enterprises Ltd. For Target Rs. 695- Yes Securities On a strong footing We expect Brigade Enterprises (BRGD) to see continued traction across business segments in FY24-25E. With a residential launch pipeline of ~8msf over the 12 months along with the recently acquired ~10acre land parcel in Kokapet, Hyderabad, we model for residential sales bookings of INR45.8bn in FY24E and INR51.3bn in FY25E. Further, we expect the company to clock rental NOI CAGR of 16% over FY22-25E to INR6.2bn led by lease-up of vacant space in Tech Gardens, Bengaluru ...
Buy Brigade Enterprises Ltd. For Target Rs. 695- Yes Securities
Buy Brigade Enterprises Ltd. For Target Rs. 695- Yes Securities
Source: Yes Securities Ltd
30/08/2023 12:25:30 PM
Buy Brigade Enterprises Ltd. For Target Rs. 720 - Motilal Oswal Financial Services Ltd Steady operational quarter; P&L hit by lower residential recognition Sales bookings nearly flat excluding sales of landowners’ share * Brigade Enterprises (BEL) reported a steady quarter of bookings with presales of INR10b, up 22% YoY and 13% above our estimate. However, presales declined 33% QoQ due to absence of any new launches in 1QFY24. * Pre-sales in 1QFY24 included sales of landowners’ area at INR1.4b. Excluding this, pre-sales were in line and nearly flat YoY....
Buy Brigade Enterprises Ltd. For Target Rs. 720 - Motilal Oswal Financial Services Ltd
Buy Brigade Enterprises Ltd. For Target Rs. 720 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services
28/08/2023 12:26:30 PM
Buy Brigade Enterprises Ltd. For Target Rs. 720 - Motilal Oswal Financial Services Ltd Leasing momentum to continue | Existing assets to fully lease out in three-four quarters We met the management of Brigade Enterprises (BEL) to understand the business outlook. Key takeaways are as follows (1) the company is on track to launch its 7.5msf of projects in FY24. The launch of projects on TVS land in Chennai is expected to be the key growth driver in FY24 (2) with concerns about interest rates in the past, the management expects strong demand momentum for the next two-three year...
Buy Brigade Enterprises Ltd. For Target Rs. 720 - Motilal Oswal Financial Services Ltd
Buy Brigade Enterprises Ltd. For Target Rs. 720 - Motilal Oswal Financial Services Ltd
Source: Motilal Oswal Financial Services Ltd
22/07/2023 12:07:57 PM
Brigade Enterprises gains on planning to launch 10 housing projects this fiscal Brigade Enterprises is currently trading at Rs. 570.15, up by 3.15 points or 0.56% from its previous closing of Rs. 567.00 on the BSE. The scrip opened at Rs. 567.05 and has touched a high and low of Rs. 572.00 and Rs. 560.35 respectively. So far 5385 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 585.00 on 15-Sep-2022 and a 52 week low of Rs. 425.60 on 22-Jun-2022. Last one week high and low of the scrip stoo...
Brigade Enterprises gains on planning to launch 10 housing projects this fiscal
Brigade Enterprises gains on planning to launch 10 housing projects this fiscal
Source: Accord Fintech
5/06/2023 3:13:59 PM
India`s Brigade Enterprises Q4 profit doubles on lower expenses, one-time gain  India's Brigade Enterprises Ltd on Wednesday said fourth-quarter profit more than doubled, aided by lower expenses and a one-time gain in reversing impairment losses during the COVID-19 pandemic. The real estate developer's consolidated net profit rose to 692.5 million rupees ($8.47 million) in the quarter ended March 31 from 324.7 million rupees a year earlier. The company said it had earmarked 170 million rupees as losses related to maintaining property, plant and equipm...
India`s Brigade Enterprises Q4 profit doubles on lower expenses, one-time gain
India`s Brigade Enterprises Q4 profit doubles on lower expenses, one-time gain
Source: Reuters
24/05/2023 5:44:23 PM
Small Cap : Accumulate Brigade Enterprises Ltd. For Target Rs.537- Geojit Financial Services Promising outlook...better results across the board Promising outlook...better results across the board The Brigade Group is one of India’s leading property developers, with over three and a half decades of expertise. The company has developed many landmark buildings and transformed the skylines of cities across South India. Since its inception, Brigade has completed 250+ buildings, amounting to over 76 million sq. ft. of developed space across a diverse real estate portfolio. &bu...
Small Cap : Accumulate Brigade Enterprises Ltd. For Target Rs.537- Geojit Financial Services
Small Cap : Accumulate Brigade Enterprises Ltd. For Target Rs.537- Geojit Financial Services
Source: Geojit Financial Services Ltd
28/03/2023 4:38:51 PM
Brigade Enterprises gains on reporting 48% rise in sales bookings during October- December quarter Brigade Enterprises is currently trading at Rs. 479.70, up by 1.20 points or 0.25% from its previous closing of Rs. 478.50 on the BSE. The scrip opened at Rs. 486.70 and has touched a high and low of Rs. 486.70 and Rs. 468.00 respectively. So far 1772 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 585.00 on 15-Sep-2022 and a 52 week low of Rs. 385.25 on 12-May-2022. Last one week high and low of the scrip stoo...
Brigade Enterprises gains on reporting 48% rise in sales bookings during October- December quarter
Brigade Enterprises gains on reporting 48% rise in sales bookings during October- December quarter
Source: Accord Fintech
14/02/2023 1:40:01 PM
Brigade Enterprises rises on acquiring 100% stake in Tetrarch Real Estates Brigade Enterprises is currently trading at Rs. 442.60, up by 5.40 points or 1.24% from its previous closing of Rs. 437.20 on the BSE. The scrip opened at Rs. 437.40 and has touched a high and low of Rs. 447.10 and Rs. 437.40 respectively. So far 376 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 585.00 on 15-Sep-2022 and a 52 week low of Rs. 385.25 on 12-May-2022. Last one week high and low of the scrip stood...
Brigade Enterprises rises on acquiring 100% stake in Tetrarch Real Estates
Brigade Enterprises rises on acquiring 100% stake in Tetrarch Real Estates
Source: Accord Fintech
16/01/2023 11:02:42 AM
Buy Brigade Enterprises Ltd For Target Rs.720 - Motilal Oswal Financial Services Launches to pick up; strong visibility on leasing Focus on business development intact * We met the management of Brigade Enterprises (BEL) to understand its business outlook. Key takeaways are (1) Demand momentum is intact owing to favorable affordability despite 200bps increase in interest rate (2) BEL expects to launch 13msf of projects over the next 12 months (3) re-iterated its target to grow sales volumes by 15-20% over the next three years (4) focus on business development to con...
Buy Brigade Enterprises Ltd For Target Rs.720 - Motilal Oswal Financial Services
Buy Brigade Enterprises Ltd For Target Rs.720 - Motilal Oswal Financial Services
Source: Motilal Oswal Financial Services
4/01/2023 2:33:08 PM
Buy Brigade Enterprises Ltd For Target Rs.595- ICICI Securities Southern comfort FY22 was another challenging year for Brigade Enterprises’ (BRGD) with Covid impacting the leasing and hospitality segments in H1FY22. However, the company clocked a resilient performance with FY22 residential sales of 4.7msf worth Rs30.2bn (up 9% YoY in value terms) and also reduced its share of net debt by Rs9.0bn YoY to Rs17.5bn as of Mar’22 aided by a QIP fund raise of Rs5.0bn in Q1FY22. The company’s liquidity position is comfortable and we expe...
Buy Brigade Enterprises Ltd For Target Rs.595- ICICI Securities
Buy Brigade Enterprises Ltd For Target Rs.595- ICICI Securities
Source: ICICI Securities Ltd
27/09/2022 1:41:18 PM
Brigade Enterprises Q1 net profit zooms 403.39% at Rs 114.42 cr The company reported standalone net profit of Rs 114.42 crore for the quarter ended June 30, 2022 as compared to Rs 22.73 crore in the same period last year, registering a year-on-year growth of 403.39 per cent. Net revenue of the company rose triple digit by 160.53 per cent at Rs 624.33 crore in April-June quarter of this fiscal as against Rs 239.64 crore in the corresponding period last year. During April-June quarter, operating expenses increased by 175.18 per cent to Rs 486.69 crore from ...
Brigade Enterprises Q1 net profit zooms 403.39% at Rs 114.42 cr
Brigade Enterprises Q1 net profit zooms 403.39% at Rs 114.42 cr
Source: Dion Global Solutions Ltd
3/08/2022 8:49:49 AM
Brigade Enterprises rises as its arm acquires 63% stake of Tandem Allied Services Brigade Enterprises is currently trading at Rs. 441.65, up by 2.75 points or 0.63% from its previous closing of Rs. 438.90 on the BSE. The scrip opened at Rs. 440.00 and has touched a high and low of Rs. 446.05 and Rs. 438.15 respectively. So far 3108 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 554.25 on 31-Mar-2022 and a 52 week low of Rs. 278.80 on 05-Jul-2021. Last one week high and low of the scrip stoo...
Brigade Enterprises rises as its arm acquires 63% stake of Tandem Allied Services
Brigade Enterprises rises as its arm acquires 63% stake of Tandem Allied Services
Source: Accord Fintech
5/07/2022 2:49:13 PM
Brigade Enterprises moves up as its sales bookings grow by 9% during last fiscal year Brigade Enterprises is currently trading at Rs. 451.15, up by 17.65 points or 4.07% from its previous closing of Rs. 433.50 on the BSE. The scrip opened at Rs. 435.00 and has touched a high and low of Rs. 453.25 and Rs. 435.00 respectively. So far 7223 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 10 has touched a 52 week high of Rs. 554.25 on 31-Mar-2022 and a 52 week low of Rs. 254.20 on 20-May-2021. Last one week high and low of the scrip sto...
Brigade Enterprises moves up as its sales bookings grow by 9% during last fiscal year
Brigade Enterprises moves up as its sales bookings grow by 9% during last fiscal year
Source: Accord Fintech
20/05/2022 4:00:09 PM
Buy Brigade Enterprises Ltd For Target Rs.550 - ICICI Direct Strong launch pipeline ahead… About the stock: Brigade Enterprises (BEL) is one of the leading property developers in South India. Its offerings include Grade-A commercial property, affordable to ultra-premium housing in real estate business and operational marquee hotel assets in hospitality segment. Q4FY22 Results: BEL’s performance was a mixed bag. Residential sales value was flattish YoY amid high base while other segment such as leasing recovered strongly * Sales va...
Buy Brigade Enterprises Ltd For Target Rs.550 - ICICI Direct
Buy Brigade Enterprises Ltd For Target Rs.550 - ICICI Direct
Source: ICICI Direct
16/05/2022 2:25:46 PM
Buy Brigade Enterprises Ltd For Target Rs.600 - ICICI Direct Strong launch pipeline ahead… About the stock: Brigade Enterprises (BEL) is one of the leading property developers in South India. Its offerings include Grade-A commercial property, affordable to ultra-premium housing in real estate business and operational marquee hotel assets in the hospitality segment Q3FY22 Results: BEL’s performance was a mixed bag Brigade Enterprises reported sales volume of ~1.1 mn sq ft, reporting a decline of ~29% YoY, mainly due to delays in ap...
Buy Brigade Enterprises Ltd For Target Rs.600 - ICICI Direct
Buy Brigade Enterprises Ltd For Target Rs.600 - ICICI Direct
Source: ICICI Direct
5/04/2022 2:42:30 PM
Buy Brigade Enterprises Ltd For Target Rs.598 - ICICI Securities Building a strong edifice We upgrade our rating on Brigade Enterprises (BRGD) to BUY from ADD with a revised target price of Rs598/share (earlier Rs555) as we roll forward to Mar’23E NAV. With waning of Covid cases leading to reopening of offices/malls and resumption in international travel, we expect the company’s annuity and hotel business to see a significant leg up from Q1FY23. We expect BRGD’s share of rental NOI to grow at 25% CAGR over FY21-24E to Rs5.7bn driven by...
Buy Brigade Enterprises Ltd For Target Rs.598 - ICICI Securities
Buy Brigade Enterprises Ltd For Target Rs.598 - ICICI Securities
Source: ICICI Securities Ltd
24/03/2022 1:25:23 PM
Buy Brigade Enterprises Ltd For Target Rs.572 - Edelweiss Financial Services On a strong footing Our interaction with management of Brigade Enterprises (BEL) reinforces our bullish stance on the company. Management indicated that housing demand remains robust, and it is targeting a double-digit sales CAGR for the next few years. BEL has raised prices by ~5% over the last year. It has a conservative stance regarding its annuity business capex (office/retail/hospitality) with focus on cash flow improvement rather than portfolio expansion. With the housing cycle li...
Buy Brigade Enterprises Ltd For Target Rs.572 - Edelweiss Financial Services
Buy Brigade Enterprises Ltd For Target Rs.572 - Edelweiss Financial Services
Source: Edelweiss Financial Services Ltd
1/02/2022 10:39:04 AM
Add Brigade Enterprises Ltd For Target Rs.555 - ICICI Securities Pick up in leasing momentum remains key Along expected lines, Brigade Enterprises’ (BRGD) Q2FY22 residential sales bookings were up 73% YoY in value terms to Rs8.3bn while incremental leasing and hotel segment operations remained weak on account of Covid. The residential business outlook remains strong and we expect BRGD to clock Rs35bn of sales bookings in FY22. An additional positive was company management indicating that it expects to close 0.4-0.5msf of new leasing in Q3FY22 from...
Add Brigade Enterprises Ltd For Target Rs.555 - ICICI Securities
Add Brigade Enterprises Ltd For Target Rs.555 - ICICI Securities
Source: ICICI Securities Ltd
23/12/2021 10:38:05 AM
Stock Picks - Buy Brigade Enterprises Ltd For Target Rs. 492 - ICICI Direct Technical Observations * Realty stocks continue to remain resilient in the current profit booking in the broader market. We expect the realty stocks to continue its outperformance. One of the preferred pick within the realty stocks is Brigade Enterprises. * The stock is seen rebounding taking support at the lower band of the rising channel in place since September 2021 and rising 20 days EMA (currently at | 442), thus offers fresh entry opportunity * We expect the stock to maint...
Stock Picks - Buy Brigade Enterprises Ltd For Target Rs. 492 - ICICI Direct
Stock Picks - Buy Brigade Enterprises Ltd For Target Rs. 492 - ICICI Direct
Source: ICICI Direct
1/11/2021 11:58:33 AM
Buy Brigade Enterprises Ltd For Target Rs.400 - ICICI Securities Pick up in leasing momentum remains key Q1FY22 was a steady quarter for Brigade Enterprises’ (BRGD) with residential sales bookings of 0.8msf worth Rs4.8bn (up 82% YoY in volume and 92% in value terms) while incremental leasing and hotel segment operations remained weak on account of Covid. The recent QIP issuance of Rs5.0bn led to company’s share of net debt reducing by Rs5.4bn QoQ to Rs21.2bn. With peak capex behind and recent QIP fund raise, the company’s liquidity ...
Buy Brigade Enterprises Ltd For Target Rs.400 - ICICI Securities
Buy Brigade Enterprises Ltd For Target Rs.400 - ICICI Securities
Source: ICICI Securities
24/09/2021 12:14:50 PM
Buy Brigade Enterprises Ltd For Target Rs.405 - ICICI Direct Second wave impacts sales volume… About the stock: Brigade Enterprises (BEL) is one of the leading property developers in South India. Distinguished reputation of developing Grade-A commercial property, wide budget range of products from affordable to ultrapremium housing in real estate business and operational marquee hotel assets in hospitality segment provide an edge to the company.   Q1FY22 Results: BEL’s sales volumes were impacted by the second wave resulting ...
Buy Brigade Enterprises Ltd For Target Rs.405 - ICICI Direct
Buy Brigade Enterprises Ltd For Target Rs.405 - ICICI Direct
Source: ICICI Direct
17/09/2021 12:28:50 PM
Weekly Tech Picks - Brigade Enterprises Ltd, Oil & Natural Gas Corporation Ltd , Eicher Motors Ltd , InterGlobe Ltd ,Century Textiles & Industries Ltd By Axis Securities Brigade Enterprises Limited • On the daily chart, the stock has rebounded from its earlier breakout zone of 300 levels indicating resumption of the uptrend • The stock is well placed above its 20 and 50-day SMA’s which reconfirm bullish sentiments • Rising volumes near support zone 03 September, 2021 *Holding period is 3 to 4 weeks. signals increased participation on correction • The stock is in strong up trend across all the time frames forming a series ...
Weekly Tech Picks - Brigade Enterprises Ltd, Oil & Natural Gas Corporation Ltd , Eicher Motors Ltd , InterGlobe Ltd ,Century Textiles & Industries Ltd By Axis Securities
Weekly Tech Picks - Brigade Enterprises Ltd, Oil & Natural Gas Corporation Ltd , Eicher Motors Ltd , InterGlobe Ltd ,Century Textiles & Industries Ltd By Axis Securities
Source: Axis Securities Ltd
5/09/2021 5:37:27 PM
Weekly Tech Picks - AU Small Finance Bank Ltd, Vidhi Specialty Food Ingredients Ltd, Igarashi Motors India Ltd, Brigade Enterprises Ltd - Axis Securities AU Small Finance Bank Limited * On the daily chart, the stock has witnessed “Rounding Bottom” formation breakout around 1160 levels which signals resumption of the uptrend * Huge volumes on the breakout , signals increased participation near breakout zone * The stock is strong uptrend as it is AU Small Finance Bank Limited Weekly Tech Picks 09 July, 2021 continue to form a series of higher Tops and higher Bottom formation across all the time frames * The stock is ...
Weekly Tech Picks - AU Small Finance Bank Ltd, Vidhi Specialty Food Ingredients Ltd, Igarashi Motors India Ltd, Brigade Enterprises Ltd - Axis Securities
Weekly Tech Picks - AU Small Finance Bank Ltd, Vidhi Specialty Food Ingredients Ltd, Igarashi Motors India Ltd, Brigade Enterprises Ltd - Axis Securities
Source: Axis Securities Ltd
12/07/2021 8:47:40 AM
Buy Brigade Enterprises Ltd For Target Rs. 346 - ICICI Securities Record quarter for residential sales Q4FY21 saw Brigade Enterprises’ (BRGD) clocking record residential volumes of 1.66msf worth Rs10.2bn (up 56% YoY in value terms) driven by strong uptick in sales from its Hyderabad and Chennai projects which accounted for 40% of the quarter’s sales. While incremental office leasing and malls/hotels will continue to see pressure in H1FY22, we expect H2FY22 to see a gradual pickup in these segments. With peak capex behind and a strong pipeline...
Buy Brigade Enterprises Ltd For Target Rs. 346 - ICICI Securities
Buy Brigade Enterprises Ltd For Target Rs. 346 - ICICI Securities
Source: ICICI Securities
11/06/2021 12:23:14 PM
Buy Brigade Enterprises Ltd For Target Rs. 320 - ICICI Direct Life-time high sales volume growth… Key highlight of Brigade Enterprises’ (BEL) Q4FY21 result was lifetime high sales volume of ~1.7 million sq feet (msf) worth | 1018 crore, up 58% YoY and 56% YoY, respectively, driven by strong traction of newly launched project in along with ongoing projects. On the financial numbers, reported revenues grew 24.4% YoY to | 791.2 crore, on account of strong revenue recognition in the residential segment. Reported EBITDA margins were up 260 bp...
Buy Brigade Enterprises Ltd For Target Rs. 320 - ICICI Direct
Buy Brigade Enterprises Ltd For Target Rs. 320 - ICICI Direct
Source: ICICI Direct
9/06/2021 11:49:20 AM
Brigade Enterprises - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd Below are Quote on Brigade Enterprises - 4QFY21 by Mr. Yash Gupta Equity Research Associate, Angel Broking Ltd    Brigade Enterprises reported a good set of numbers but a tough time ahead due to covid 19 restriction. Brigade Enterprises limited reported total revenue from operations at 791 up by 24.3% as compared to 635.9 crores in Q4FY20, which is above the market expectations. Company reported profit before tax of 62.8 crores...
Brigade Enterprises - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd
Brigade Enterprises - 4QFY21 By Mr. Yash Gupta, Angel Broking Ltd
Source: Angel Broking Ltd
19/05/2021 12:46:22 PM
Brigade Enterprises Q4 net profit zooms 142.87% at Rs 98.63 cr The company reported standalone net profit of Rs 98.63 crore for the quarter ended March 31, 2021 as compared to Rs 40.61 crore in the same period last year, registering a year-on-year growth of 142.87 per cent. Net revenue of the company rose substantially by 39.25 per cent at Rs 613.46 crore in January-March quarter of this fiscal as against Rs 440.53 crore in the corresponding period last year. During January-March quarter, operating expenses increased by 31.55 per cent to Rs 449.10 crore ...
Brigade Enterprises Q4 net profit zooms 142.87% at Rs 98.63 cr
Brigade Enterprises Q4 net profit zooms 142.87% at Rs 98.63 cr
Source: Dion Global Solutions Ltd
19/05/2021 11:29:25 AM
Momentum Pick - Buy Brigade Enterprises Ltd For Target Rs. 262 - HDFC Securities Momentum Pick - Buy Brigade Enterprises Ltd For Target Rs. 262 - HDFC Securities  After showing a minor declines/sideways consolidation, the stock price has shifted into an upside bounce. Today’s upmove could be considered as an upside breakout of the narrow range movement/immediate resistance. The short term trend seems to have turned positive. We observe a formation of positive candlestick pattern as per intraday/daily/weekly timeframe chart. Volume ...
Momentum Pick - Buy Brigade Enterprises Ltd For Target Rs. 262 - HDFC Securities
Momentum Pick - Buy Brigade Enterprises Ltd For Target Rs. 262 - HDFC Securities
Source: HDFC Securities Ltd
27/04/2021 1:06:56 PM
Buy Brigade Enterprises Ltd For Target Rs.324 - Motilal Oswal Residential continues to shine; Office business steady * Brigade Enterprises (BRGD)’s Residential segment stole the show with the best ever performance seen in terms of presales in a quarter (1.53msf in volume / INR9.2b in value). Commercial Office Leasing held ground with steady rental collections (99%), and the Retail business continued to see marked improvement in performance. However, Hospitality’s performance remains hinged on the resumption of work-related travel, which i...
Buy Brigade Enterprises Ltd For Target Rs.324 - Motilal Oswal
Buy Brigade Enterprises Ltd For Target Rs.324 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
8/03/2021 11:42:16 AM
Buy Brigade Enterprises Ltd For Target Rs. 324 - Motilal Oswal Residential continues to shine; Office business steady * Brigade Enterprises (BRGD)’s Residential segment stole the show with the best ever performance seen in terms of presales in a quarter (1.53msf in volume / INR9.2b in value). Commercial Office Leasing held ground with steady rental collections (99%), and the Retail business continued to see marked improvement in performance. However, Hospitality’s performance remains hinged on the resumption of work-related travel, which i...
Buy Brigade Enterprises Ltd For Target Rs. 324 - Motilal Oswal
Buy Brigade Enterprises Ltd For Target Rs. 324 - Motilal Oswal
Source: Motilal Oswal Financial Services Ltd
25/02/2021 9:20:20 AM
Add Brigade Enterprises Ltd For Target Rs. 288 - HDFC Securities Robust turnaround BRGD reported operationally a robust quarter as residential pre-sales grew to 1.53msf (+41%/+55% YoY/QoQ). Sales value jumped to Rs 9.2bn (+53%/+60% YoY/QoQ), as realisation grew by +8%/+3.5% YoY/QoQ. Collection from the resi. sales also increased by 29% sequentially to Rs 5.1bn. While leasing activity remained tepid, rental collection from existing portfolio continued to be healthy at 99% in 3QFY21. While mall consumption reached 65% of preCOVID level, hospitality bus...
Add Brigade Enterprises Ltd For Target Rs. 288 - HDFC Securities
Add Brigade Enterprises Ltd For Target Rs. 288 - HDFC Securities
Source: HDFC Securities Ltd
24/02/2021 10:16:37 AM
Stock Picks - Buy Brigade Enterprise Ltd For Target Of Rs. 310 - ICICI Direct Technical Observations * The stock has recently generated a resolute breakout above the long term supply line joining the highs of January 2018 (| 234) and February 2020 (| 255) highlighting strength and offers fresh entry opportunity * The share price has witnessed a faster retracement of recent 11 sessions decline (| 281 to 222) in just seven sessions, indicating a robust price structure * The stock has immediate support at | 265 levels as it the confluence of the last Friday&rsquo...
Stock Picks - Buy Brigade Enterprise Ltd For Target Of Rs. 310 - ICICI Direct
Stock Picks - Buy Brigade Enterprise Ltd For Target Of Rs. 310 - ICICI Direct
Source: ICICI Direct
9/02/2021 12:10:32 PM