Strong residential show, steady annuity performance

Company
18 Nov 2024
5 Min read 
  • Brigade Enterprises reported 2QFY25 results with changes in estimates, target price, and rating.
  •  The company's financials and valuations show steady performance and growth potential.
  •  Residential sales and annuity business showed healthy growth and performance.
  •  The company plans to launch new projects and accelerate growth in Chennai and Hyderabad.
  •  The valuation approach indicates a potential upside of 41%, reiterating a buy rating.
  •  The company's financial ratios and cash flow demonstrate positive trends and potential for growth.
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