Brigade Enterprises Share Price: Real Estate and Property Development Company Brigade Enterprises released the results of the December quarter on Wednesday 29 January and became its share rocket on 30 January today. This happened because the company’s profit increased by more than three times on an annual basis in the December quarter. In such a situation, investors broke on shares and it jumped about 8 percent. Some investors took advantage of this fast but it is still in a very strong position. Currently, it is at ₹ 1129.60 with a rise of 3.41 per cent on BSE. It jumped 7.83 per cent to Rs 1177.95 in intra-day.
Brigade Enterprises Q3 Results: Special things
On the annual basis in the December quarter, Brigade Enterprises’ consalted profit rocket rose 221.45 per cent to Rs 236.24 crore and revenue by Rs 24.72 per cent to Rs 1463.94 crore. During this period, EBITDA rose 57.88 per cent to Rs 413.7 crore. During this period, the margin increased from 22.3 percent to 28.3 percent.
How was the move of shares in a year?
The shares of Brigade Enterprises gave about 76 per cent returns to investors in a few months last year. Last year, on 13 March 2024 it was at Rs 826.30, which is a one year low for its shares. In 3 months from this lower level, it jumped around 76 per cent to reach Rs 1451.90 on 25 June 2024 last month, which is a record high for its shares. However, the gains of shares stopped here and currently it is about 22 per cent downside from this high.
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