Brigade Enterprises Ltd., incorporated in the year 1995, is a Mid Cap company (having a market cap of Rs 7674.92 Crore) operating in Real Estate sector.
Financials
For the quarter ended 31-03-2021, the company reported a Consolidated Total Income of Rs 820.86 Crore, up 25.58 % from last quarter Total Income of Rs 653.65 Crore and up 27.40 % from last year same quarter Total Income of Rs 644.34 Crore. Company reported net profit after tax of Rs 19.07 Crore in latest quarter.
Investment Rationale
Strong buying demand at five-month range breakout area and 20 days EMA and RSI 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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