NDTV Profit’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 NDTV Profit’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.
Motilal Oswal Report
Brigade Enterprises Ltd. reported a steady quarter, guided by strong demand for its recently launched projects across its core markets. However, it has a strong pipeline of ~13 msf, which should enable it to sustain the growth traction going ahead.
The management intends to keep assessing growth opportunities in the residential segment and expects to spend higher on business development over the next two years. This will provide growth visibility in the residential segment and lead to further re-rating. We reiterate our Buy rating with a target price of Rs 1,540, implying 41% potential upside.
Click on the attachment to read the full report:
DISCLAIMER
This report is authored by an external party. NDTV Profit 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 author entity and do not represent the views of NDTV Profit.
Users have no license to copy, modify, or distribute the content without permission of the Original Owner.
As a Subscriber you get
Stories
RECOMMENDED FOR YOU
How Did Key BFSI Players Perform In Q2? Find Out Here | NDTV Profit
Oct 24, 2024
M&M Financial Services Q2 Result: Profit Jumps 57% But Misses Estimates
Oct 22, 2024
KEI Industries Q2 Review - Weak Operating Result A Blip; Robust Outlook Intact: Systematix
Oct 16, 2024
IT Services Q2 Result Preview – Slowly Shaping Up; Recovery Expected: Axis Securities
Oct 09, 2024
POPULAR