In the past three months, the Nifty Realty index outperformed the market by soaring 21 per cent, against a 2 per cent gain in the Nifty 50.
Realty firm Brigade Enterprises Ltd on Monday said it has launched its first housing project in Coimbatore for sale and expects a total revenue of Rs 600 crore from this upcoming property. In a regulatory filing, the Bengaluru-based company said it will build a 5.4-acre residential project in Coimbatore, Tamil Nadu, through a Joint Development Agreement (JDA). The total revenue potential of this project is around Rs 600 crore. Pavitra Shankar, Managing Director of Brigade Enterprises, said, "Coimbatore has all the fundamentals of a high-growth real estate market: a diversified economy, a deep talent pool, strong social infrastructure and a robust pipeline of infrastructure investments." She said the demand for quality real estate is set to accelerate. "Our entry into Coimbatore is a strategic step in Brigade's growth journey across South India, and we are excited to bring our multi-domain development expertise to a market that is poised for its next phase of transformation," Shank
Kunal Kamble, senior technical research analyst at Bonanza, recommends three stocks to buy today: MCX, ACME Solar and Brigade Enterprises.
Stocks to watch today: RIL, Amber Enterprises, ONGC, Ather Energy, NMDC, Voltas, Patanjali Foods, EaseMyTrip, Cochin Shipyard, Jindal Stainless, Brigade Enterprises, among others, will be in focus.
Realty firm Brigade Enterprises Ltd's sales bookings fell 5 per cent to Rs 1,061 crore during the first quarter of this fiscal on lower volumes. Its sales bookings or pre-sales stood at Rs 1,118 crore in the year-ago period. In its latest investor presentation, the company said it achieved pre-sales of Rs 1,061 crore with a volume of 0.74 million sq ft in the April-June quarter of the 2026-27 fiscal. The sales volumes dropped 22 per cent from 0.94 million sq ft in the first quarter of the last financial year. However, the average sales realisation stood at Rs 14,256 per sq ft during the June quarter, a growth of 21 per cent over the year-ago period. Bengaluru-based Brigade Enterprises is one of the leading real estate developers in the country. Recently, the company reported a 37 per cent increase in its consolidated net profit to Rs 216.94 crore for the quarter ended June. Its net profit stood at Rs 157.95 crore in the year-ago period. Total income fell to Rs 1,179.22 crore in
Brigade Enterprises' average realisation rose 21 per cent YoY to Rs 14,256 per sq ft, while total expenses declined 17.75 per cent to Rs 936.51 crore in Q1 FY27.
Brigade Enterprises' board has approved raising Rs 1,500 crore through privately placed non-convertible debentures and Rs 180 crore via convertible warrants
The Nifty Realty index recouped its two-day loss on Thursday led by strong gains in Brigade Enterprises, Phoenix Mills, DLF and Godrej Properties.
The BSE Realty index turned positive on an YTD basis in July, having gained over 43% from its calendar year low. Analysts flag a positive bias in the short-term, but caution over long-term; here's why
Brigade Enterprises reported a consolidated net profit of ₹145.5 crore in Q4FY26, down 41.1 per cent from ₹246.8 crore in the year-ago period