Brigade Enterprises zooms 4%; signs MoU Nestaway

India Infoline News Service | Mumbai | September 23, 201612:59 IST

Through this collaboration, Brigade Group will offer rental assistance to all of its existing customers as well as as over 10,000 apartments in different stages of construction that are currently in the process of being readied for handover, across their projects.

Brigade Enterprise
Brigade Enterprises Ltd is currently trading at Rs. 182.4, up by Rs. 7.1 or 4.05% from its previous closing of Rs. 175.3 on the BSE after the company signed MoU with Nestaway. Through this collaboration, Brigade Group will offer rental assistance to all of its existing customers as well as as over 10,000 apartments in different stages of construction that are currently in the process of being readied for handover, across their projects.

The scrip opened at Rs. 176.7 and has touched a high and low of Rs. 188.95 and Rs. 175.9 respectively. So far 214347 (NSE+BSE) shares were traded on the counter. The current market cap of the company is Rs. 1984.71 crore.

The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 186.8 on 17-Jun-2016 and a 52 week low of Rs. 123.5 on 13-Jan-2016. Last one week high and low of the scrip stood at Rs. 180 and Rs. 173 respectively.

The promoters holding in the company stood at 56.29 % while Institutions and Non-Institutions held 8.66 % and 35.05 % respectively.

The stock is currently trading above its 50 DMA.

***Note: This is a NSE Chart

 

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