Beat across parameters

Company

31 May 2024 | 5 Min Read

Brigade Enterprises reported strong 4QFY24 results with a significant increase in pre-sales.

The company's sales volume and realizations showed a notable growth in FY24.

Brigade Enterprises aims to launch 12.6msf of projects in Bengaluru, Chennai, and Hyderabad.

The company's financial performance and valuations have improved, leading to a buy rating.

The commercial portfolio is fully leased, and the hospitality segment is showing consistent growth.

The company's new launches and growth opportunities in the residential segment are expected to drive further re-rating.