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Brigade Enterprises: Stock jumps 3% after signing JDA for project in West Chennai with ₹1,000 Cr GDV

Brigade Enterprises Limited has signed a JDA for a 6.6-acre premium residential project in West Chennai, with an estimated Gross Development Value of ₹1,000 crore, launching in 2026.

Introduction

Leading real estate developer signs a Joint Development Agreement for a 6.6-acre premium residential project in West Chennai, valued at ₹1,000 crore, featuring modern apartments, lifestyle amenities, and ESG-aligned infrastructure, launching in 2026.

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Share price movement of Brigade Enterprises

On October 7, 2025, Brigade Enterprises Ltd opened at ₹915.00, up 2.54% from its previous close of ₹891.80. The stock reached a high of ₹915.70 and a low of ₹894.30. By 12:22 PM, it traded at ₹896.05, a 0.48% increase, with a market cap of ₹21,906.90 crore.

Brigade Signs JDA for West Chennai Residential Project

Brigade Enterprises Limited signed a Joint Development Agreement for a 6.6-acre land parcel in West Chennai. The project is a premium residential development with an estimated Gross Development Value of ₹1,000 crore.

The development will feature apartments, lifestyle amenities, and ESG-aligned infrastructure. The site is strategically located on a major arterial corridor with connectivity to industrial and peripheral business districts of Chennai.

Recent news on Brigade Enterprises

As of September 19, 2025, Brigade Enterprises Ltd received a ₹126 crore investment from Shruti Pai for its Twin Towers project in North-West Bengaluru, boosting confidence in the region’s commercial real estate market.

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 ₹602.9 crore.

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

Brigade Enterprises Ltd delivered a -0.25% return over the past week, declined 1.70% over the past six months, and fell 35.2% over the past year.

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Also Read: Hindustan Copper: Stock jumps after signing 20 yr mining lease for copper production

Shareholding pattern of Brigade Enterprises

ParticularsJun 2025Mar 2025Dec 2024
Promoter41.10%41%41.40%
FII19.30%20.20%20.20%
DII23.40%22.90%22.90%
Public16.10%15.80%15.50%

About Brigade Enterprises

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

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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 6.6-acre West Chennai residential project worth ₹1,000 crore.

Q: What does Brigade Enterprises Ltd specialize in?

A: Brigade Enterprises Ltd specializes in real estate development, delivering residential, commercial, retail, and hospitality projects across South India and other key Indian cities.

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 ₹602.9 crore.

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