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    Brigade Enterprises' stock has given 98% return in last one year; why it is this week's stock pick

    Synopsis

    Brigade’s 2024 launch pipeline includes 14 residential projects in Bengaluru, Chennai and Hyderabad with Rs.10,000-cr development value.

    After a healthy performance in the December 2023 quarter, the South India real estate player is expected to maintain momentum in the March 2024 quarter. It is expected to report revenue and PAT growth of 33% and 42.9% respectively, say the consensus estimates of analysts compiled by Reuters-Refinitiv. The strong launch pipeline is expected to support performance in the March quarter. The company enjoys a reputation for developing Grade A
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    The Economic Times