Promoters held 43.91 per cent stake in the company as of 31-Dec-2021, while FIIs owned 13.93 per cent, DIIs 23.86 per cent.

HDFC Securities has buy call on Brigade Enterprises with a target price of Rs 620. The current market price of Brigade Enterprises is Rs 520.9. Time period given by analyst is 3 months when Brigade Enterprises Ltd. price can reach defined target.

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11699.53 Crore) operating in Real Estate sector.

Brigade Enterprises Ltd. key Products/Revenue Segments include Income From Real Estate Development, Lease Rentals, Other Services, Other Operating Revenue, Shares & Securities for the year ending 31-Mar-2021.

Financials
For the quarter ended 31-12-2021, the company reported a Consolidated Total Income of Rs 933.19 Crore, up 20.24 % from last quarter Total Income of Rs 776.08 Crore and up 42.77 % from last year same quarter Total Income of Rs 653.65 Crore. Company reported net profit after tax of Rs 45.62 Crore in latest quarter.

Promoter/FII Holdings
Promoters held 43.91 per cent stake in the company as of 31-Dec-2021, while FIIs owned 13.93 per cent, DIIs 23.86 per cent.

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Buy Brigade Enterprises, target price Rs 620: HDFC Securities

Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 11699.53 Crore) operating in Real Estate sector.

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