Motilal Oswal Reiterates 'Buy' on Brigade Enterprises, Cites Strong Growth Prospects
2 hours agoBusiness
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Motilal Oswal Reiterates 'Buy' on Brigade Enterprises, Cites Strong Growth Prospects

Motilal Oswal Financial Services maintains a 'Buy' rating on Brigade Enterprises, setting a target price of 1,338 per share, indicating a potential 52% upside. The brokerage anticipates strong growth driven by residential, commercial, and hospitality ventures, projecting a 19% CAGR in presales through FY28. Brigade Enterprises is expected to expand geographically beyond its core South markets, with new launches contributing significantly to sales and future pipeline.

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