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Brigade in demand on unveiling its mega integrated project

18 Jan 2012 Evaluate

Brigade is currently trading at Rs. 64.75, up by 6.40 points or 10.97% from its previous closing of Rs. 58.35 on the BSE.

The scrip opened at Rs. 58.35 and has touched a high and low of Rs. 69.10 and Rs. 57.05 respectively. So far 200312 shares were traded on the counter.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 115.80 on 04-Feb-2011 and a 52 week low of Rs. 38.10 on 19-Dec-2011.

Last one week high and low of the scrip stood at Rs. 69.10 and Rs. 52.50 respectively. The current market cap of the company is Rs. 743.11 crore.

The promoters holding in the company stood at 57.58% while Institutions and Non-Institutions held 6.11% and 36.31% respectively.

Brigade Group, one of India’s leading property developers, unveiled its mega integrated project - Brigade Orchards, located at Devanahalli, Bangalore. Brigade Orchards is a completely integrated and inclusive enclave spread over 100 acres, comprising luxury vilas, value homes and premium apartments. Brigade Group’s this maiden villa project with a investment of Rs 2000 crore is part of its larger integrated development.

Peers
Company Name CMP
Lodha Developers 1067.75
Prestige EstatesProj 1408.70
Dilip Buildcon 398.85
DLF 636.35
Oberoi Realty 1671.00
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