Realty firm Brigade Enterprises Limited’s stock has become a multibagger in the Indian stock market. The share price of this company can go beyond Rs 590. Brokerage house ICICI Securities has said this. According to ICICI Securities, the share price of Brigade Enterprises can go up to Rs 598. Along with this, the brokerage has also given a buy advice to the shares of Brigade Enterprises. Till now this share was given ‘Add’ tag which has now been upgraded to ‘Buy’.
How much is the share price now: On Tuesday, the share price was at Rs 510 level on the BSE index. The share price has fallen by 2.40 percent compared to a day earlier. If compared with the brokerage house’s target of Rs 598, investors can make gains of up to Rs 88 per share. The highest level of the stock is Rs 542.90 which was reached on 4 February 2022. At the same time, the lower level is Rs 230.90 which was on 23 April 2021. Talking about the market capital, it is Rs 11,726 crore.
how much is the saleBrigade Enterprises: Sales of Brigade Enterprises grew 14 per cent to Rs 1,994.8 crore in the first nine months of the current fiscal. The Bengaluru-based company said the figure stood at Rs 1,749.1 crore in the year-ago period.
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According to the company, the contribution of the housing units segment to its total sales bookings in the first nine months of FY 2021-22 stood at Rs 1,957.4 crore, up 17 per cent from Rs 1,668.2 crore in the same period a year ago.