Motilal Oswal: Brigade Enterprises’ Strong Q2 Rebound In Residential; Office Business Steady  

Motilal Oswal: Brigade Enterprises’ Strong Q2 Rebound In Residential; Office Business Steady

Brigade Pinnacle residental building in Derebail Mangalore developed by Brigade Enterprises Ltd. (image: Company website)

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

Motilal Oswal Report

While retail and hospitality are still not out of the woods and normalization is sometime away, better-than-expected recovery in the residential segment and a steady performance in the office segment continue to support the overall business of Brigade Enterprises Ltd.

We remain positive on the medium- to long-term outlook for the company, where our optimism is driven by -

1. a robust line-up of launches, 2. a favorable product mix, and 3. a strong foothold in the markets in which it operates.

Click on the attachment to read the full report:

Motilal Oswal Brigade Enterprises Q2FY21 Result Update.pdf
Read Document

DISCLAIMER

This report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the brokerage and do not represent the views of BloombergQuint.

Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

lock-gif
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Still Not convinced ?  Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
GET REGULAR UPDATES