The stock of Bengaluru-based realty major Brigade Enterprises is up 16 per cent over the last three months, even after Friday’s fall, led by a decline in the broader markets.
The gains came on the back of record sales in the last quarter, strong pipeline of launches, improved leasing and a robust booking guidance for FY25.
After its Q4 FY24 results and multiple launches, the company saw a slew of upgrades.
What stood out both in the March quarter and FY24 was a strong show in all its key segments — residential real estate, rentals and hospitality.