Time period given by analyst is Intra Day 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 9428.04 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 30-06-2021, the company reported a Consolidated Total Income of Rs 391.52 Crore, down -52.30 % from last quarter Total Income of Rs 820.86 Crore and up 83.11 % from last year same quarter Total Income of Rs 213.82 Crore. Company reported net profit after tax of Rs -86.92 Crore in latest quarter.
Investment Rationale
Strong buying demand from rising demand line joining one-month lows and stochastic in buy mode
Promoter/FII Holdings
Promoters held 46.8 per cent stake in the company as of June 30, 2020, while FIIs held 12 per cent, DIIs 19.7 and public and others 21.5 per cent.
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