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Brigade Enterprises: Stock jumps after signing agreement for residential development in Bengaluru

Brigade Group has signed a joint development agreement for a 10.75-acre luxury residential project in East Bengaluru, with 2.5 million square feet saleable area and ₹2,500 crore GDV.

Introduction

Leading real estate developer has signed a joint development agreement for a luxury residential project in East Bengaluru. The 10.75-acre project offers 2.5 million square feet of saleable area with ₹2,500 crore GDV.

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Share price movement of Brigade Enterprises

On September 9, 2025, Brigade Enterprises Ltd opened at ₹918.00, up 0.91% from its previous close of ₹909.95. The stock reached a high of ₹926.10 (1.80%) and a low of ₹906.00. By 10:47 AM, it traded at ₹918.20, with a market cap of ₹22,448.43 crore.

Brigade Group Signs East Bengaluru Residential Deal

Brigade Group has signed a joint development agreement for a residential project in East Bengaluru. The project covers 10.75 acres with a total saleable area of 2.5 million square feet.

The estimated gross development value (GDV) of the project is ₹2,500 crore. The project will be designed as a luxury residential development for modern homeowners and investors.

The project site is close to commercial hubs and social infrastructure. Brigade Group confirmed that the development will follow the terms of the joint agreement and aims for timely completion.

Ace investor holding in Brigade Enterprises

Manjula M K holds a 2.75% stake in Brigade Enterprises Ltd, owning 6,728,818 shares valued at ₹616.4 crore.

Stock performance of Brigade Enterprises for Period of 1 week, 6 months, and 1 year

Brigade Enterprises Ltd delivered a -1.82% return over the past week, declined by -4.36% in the past six months, and fell -30.7% over the past year.

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Shareholding pattern of Brigade Enterprises

ParticularsJun 2025Mar 2025Dec 2024
Promoter41.10%41.10%41.40%
FII19%20%20%
DII23.40%22.90%22.90%
Public16.10%15.80%15.50%

About Brigade Enterprises

Brigade Enterprises Ltd (NSE: BRIGADE) is a Bengaluru-based real estate developer established in 1986. It has completed over 250 buildings, totaling 70 million sq. ft., across residential, office, retail, and hospitality sectors in South India.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Brigade Enterprises Ltd share price going up today?

A: Brigade Enterprises Ltd share price rose after signing a joint development agreement for a 10.75-acre residential project in East Bengaluru.

Q: How much stake does Manjula M K hold in Brigade Enterprises Ltd stock?

A: Manjula M K holds a 2.75% stake in Brigade Enterprises Ltd, owning 6,728,818 shares valued at ₹616.4 crore.

Q: What is the 52-week high and low of Brigade Enterprises Ltd stock?

A: The 52-week high of Brigade Enterprises Ltd stock is ₹1,450.00, and the 52-week low is ₹812.85.

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