Northridge project to fetch Rs 350-400cr revenue: Brigade

CMD MR Jaishankar expects 1.5-2 msf of launches in the next 2-3 months.

Brigade Enterprises  has launched a new luxury project in north Bangalore called Brigade Northridge. Speaking to CNBC-TV18, CMD MR Jaishankar said that the company expects revenues from this project to be to the tune of Rs 350-400 crore. Shares of the company hit a fresh 52-week high in trade on Friday after gaining over 170 percent this year.

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Brigade Ent stock price

On December 05, 2014, at 14:10 hrs Brigade Enterprises was quoting at Rs 165.45, up Rs 7.70, or 4.88 percent. The 52-week high of the share was Rs 169.95 and the 52-week low was Rs 49.70.

The company's trailing 12-month (TTM) EPS was at Rs 8.26 per share as per the quarter ended September 2014. The stock's price-to-earnings (P/E) ratio was 20.03. The latest book value of the company is Rs 112.92 per share. At current value, the price-to-book value of the company is 1.47.

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