Shares of Brigade Enterprises have risen over 5% to Rs 166 after the company said that it has received good response from prospective customers for its newly launched luxury project Brigade Northridge in North Bangalore.
The project, spread over 6 acres comprises of 2,3 & 4 bedroom luxury apartments, starting at just Rs 65 lakh. Brigade Northridge offers a perfect balance of luxury and affordability, while promising a great lifestyle in one of Bangalore's most sought after localities, the company said in a release.
The stock opened at Rs 162 and touched a high of Rs 170. At 2PM, over 1.1 million shares were traded on both the stock exchanges.