External broker reports(aggregated public sources), ICICI Securities Ltd

ICICI Securities Limited

External broker reports(aggregated public sources)

ICICI Securities Ltd

ICICI Securities Limited provides investment services. The Company provides corporate and investment banking, securities, wealth management, retail brokerage, initial public offerings, and advisory services. 

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Equity Bottom-Up

<ul><li>Brigade Enterprises (BEL) is one of the leading property developers in south India.</li><li>BEL reported sales volume of 13.1 mn sq feet, reporting strong growth of ~33% YoY.</li><li>We maintain our BUY rating on the company. We value BEL at Rs 600/share. </li></ul><div class="content-highlight"><em>Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.</em></div>

Brigade Enterprises (BEL) is one of the leading property developers in south India.BEL reported sales volume of 13.1 mn sq feet, reporting strong growth of ~33% YoY.We maintain our BUY rating on the company. We value BEL at Rs 600/share. Content is external broker report sourced from online content aggregator through publicly available sources and is displayed below for general informational purposes only. Refer full disclaimer below.

Brigade Enterprises: Healthy Sales Volume Growth

India

Brigade Enterprises Limited operates as a real estate development company. The Company focuses on the development of residential, commercial, and hospitality properties.

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Brigade Enterprises (BRGD IN)

Brigade Enterprises: Healthy Sales Volume Growth

On financial front, reported revenues grew ~142% YoY to Rs 753 crore, with strong revenue recognition from real estate at Rs 598 crore. Revenues...

ICICI Securities Limited

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