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'Buy' Brigade Enterprises Maintains Motilal Oswal, Revises Target Price; Sees 44% Upside — Here's Why
Motilal Oswal believes Brigade Enterprises offers strong growth visibility in the coming years, and reiterates Buy rating with a revised target price of Rs 1,415/share, which implies a 44% upside.
26 Mar 2025, 09:34 AM IST 
About 85% of Brigade Enterprises' presales in FY27 are expected to come from new projects, while the remaining will come from stable sales.
(Photo Source: Company website)
Although Bengaluru has been crucial in Brigade Enterprises' success, the company has significantly broadened its presence by extending its operations to other key cities, including Chennai and Hyderabad, in recent years. This expansion is expected to account for 30-40% of the company's presales in the near future (total ~40% of total current land bank is for Hyderabad and Chennai).
