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Brigade Enterprises inches up on the BSE

Brigade Enterprises is currently trading at Rs. 214.70, up by 1.20 points or 0.56% from its previous closing of Rs. 213.50 on the BSE.

The scrip opened at Rs. 213.50 and has touched a high and low of Rs. 222.00 and Rs. 213.00 respectively. So far 6898 shares were traded on the counter.

The BSE group ‘B’ stock of face value Rs. 10 has touched a 52 week high of Rs. 223.40 on 08-Nov-2019 and a 52 week low of Rs. 120.90 on 16-Nov-2018.

Last one week high and low of the scrip stood at Rs. 222.00 and Rs. 202.00 respectively. The current market cap of the company is Rs. 4359.21 crore.

The promoters holding in the company stood at 46.83%, while Institutions and Non-Institutions held 29.19% and 23.97% respectively.

Brigade Group has introduced homes furnished with IKEA products. Brigade Group had launched Brigade Plus Easy Home packages in 2018 to provide its customers a unique opportunity to have their homes furnished prior to handing over to customers. The Brigade Plus Easy Home Packages is a one-stop solution for Brigade home buyers, who want the convenience of moving into their new home without the hassle of dealing with interior contractors. As a unique initiative within Brigade Plus, customers now have the chance to personalise their homes using IKEA home furnishing products in their Brigade homes.

IKEA has started its retail operations in August last year and introduced Indian consumers to more than 7500 products. Brigade has set up multiple model apartments showcasing IKEA furnishing options in the home-front including Living/Dining rooms, bedrooms including children’s rooms, kitchens, and bathrooms.

Brigade Enterprises is a property development company. The company focuses on residential, offices, retail and hospitality projects. The company operates through three segments — Real Estate segment, Hospitality segment and Leasing segment.

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