Brigade Enterprises Ltd - Angel Broking

Mr. Yash Gupta - Equity Research Associate, Angel Broking Ltd

"Mysore Projects Private Limited, a wholly Owned Subsidiary of Brigade Enterprises limited has entered into a Limited Liability Partnership agreement (LLP) with Prestige Estates Projects Limited in Prestige OMR Ventures LLP. Brigade Enterprises Limited and Prestige Estates Projects Limited are the partners in Prestige OMR Ventures LLP in the ratio of 30% and 70% respectively. Prestige Estates Projects Limited will contribute ₹29.12 crores for their share of 70% and Brigade Enterprises limited will contribute ₹12.48 crores for their share of 30%. This is positive development for Brigade Enterprises limited."

Shares of BRIGADE ENTERPRISES LTD. was last trading in BSE at Rs.179.95 as compared to the previous close of Rs. 171.75. The total number of shares traded during the day was 217147 in over 1071 trades.

The stock hit an intraday high of Rs. 188.1 and intraday low of 168.45. The net turnover during the day was Rs. 38064032.

Source : Equity Bulls

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