Latest news with #BrigadeCherryBlossom
Business Upturn
2 days ago
- Business
- Business Upturn
Brigade group stocks rise up to 4% as firm launches Rs 225 crore premium plotted project in East Bengaluru
By Aditya Bhagchandani Published on August 11, 2025, 09:30 IST Shares of Bengaluru-based real estate developer Brigade Group traded higher on Monday after the company announced the launch of Brigade Cherry Blossom, a premium plotted development in Malur, East Bengaluru, with an estimated revenue potential of over ₹225 crore. The company made the announcement in a regulatory filing after market hours on Friday. At 9:27 AM, shares of Brigade Hotel Ventures Ltd were trading at ₹86.22, up 3.85% from the previous close of ₹83.02, with a day range of ₹83.66 to ₹87.20. The stock's market capitalisation stood at ₹3,274 crore. Meanwhile, Brigade Enterprises Ltd was up 1.30% at ₹960.10, compared to the previous close of ₹947.80, hitting a day high of ₹961.60 and a market cap of ₹23,467 crore. The 20-acre Brigade Cherry Blossom project, developed through a joint venture, will offer 338 plots in two sizes — 30×40 ft and 30×50 ft — spanning a total development area of 4.51 lakh sq ft. Pavitra Shankar, managing director of Brigade Enterprises, said the project aligns with the company's vision to build integrated neighbourhoods in emerging corridors like Malur, which is seeing rapid growth due to its proximity to the Satellite Town Ring Road (STRR) and Bengaluru–Chennai Expressway (NE-7). Located just 1.5 km from major upcoming infrastructure projects, Malur is part of the Chennai–Bengaluru Industrial Corridor and offers strong connectivity to Whitefield, Sarjapur, and Hoskote. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
Business Upturn
2 days ago
- Business
- Business Upturn
Top stocks to watch on August 11: Tata Motors, Dr. Reddy's Laboratories, IDFC First Bank, Zydus and more
By Aman Shukla Published on August 11, 2025, 08:19 IST Several companies are in focus today, Monday, August 11, following notable earnings reports, regulatory approvals, and other corporate developments. Stocks To Watch Today Oil Marketing Companies (OMCs): The government has approved ₹30,000 crore as compensation for LPG under-recoveries. Dr. Reddy's Laboratories (DRL): The US FDA has issued an Establishment Inspection Report (EIR) for its CTO-5 manufacturing unit in Telangana, classifying it as 'Voluntary Action Indicated' (VAI). DOMS Industries: Q1 revenue rose 26% year-on-year (YoY), while EBITDA increased 14% YoY. Lemon Tree Hotels: Average room rate increased 10% YoY, with EBITDA margin at 44.5% compared to 43% last year. Power Mech Projects: EBITDA rose 49% YoY, margin improved to 13.2% from 11.3% a year ago. Entero Healthcare: EBITDA increased 63% YoY, margin at 3.5% compared to 2.8% last year. DCW Ltd: EBITDA grew 18.4% YoY, margin improved to 11.4% from 9% last year. IDFC First Bank: Platinum Invictus B 2025 RSC received RBI approval for its proposed investment in the bank. Brigade Enterprises: Launched 'Brigade Cherry Blossom' project in East Bengaluru, with revenue potential of ₹225 crore. Shilpa Medicare: Received CDSCO approval for NorUDCA tablets, used in treatment of non-alcoholic fatty liver disease. Zydus Lifesciences: Received final US FDA approval for Prucalopride tablets. BEML: Secured its first overseas contract from Malaysia worth $1 million. NIBE Ltd: Won export order from Israel for ship-mounted universal rocket launching systems. ICICI Bank: Increased minimum balance requirement for new accounts effective August 1. Tata Motors: Reported mixed Q1 results against muted estimates; volumes declined across categories. Siemens: Q3FY25 EBITDA margin came in lower than estimates, net profit 7% below expectations. Manappuram Finance: Q1 results below estimates; calculated NIM fell 80 bps quarter-on-quarter. Home First Finance: Range Clove likely to sell its entire 10.3% equity stake via block deals at a 0-5% discount to CMP. Voltas: Q1 results below estimates; margin declined to 4.5% from 8.6% YoY. Ceigall India: EBITDA fell 24% YoY, margin down to 13% from 17.4%. Dhampur Sugar: EBITDA declined 16.5% YoY, margin at 3% versus 4% last year. Shipping Corporation of India: EBITDA fell 4% YoY, revenue down 13%. Puravankara: Reported a net loss compared to profit last year; revenue fell 20% YoY. TVS Supply Chain Solutions: EBITDA declined 2.2% YoY, margin at 6.83% versus 7.12%. Suprajit Engineering: Margin fell to 9.47% from 11.74% last year; EBITDA declined 5.3% YoY. Ahmedabad Plane Crash Dr Reddy's LaboratoriesIDFC First BankTata MotorsZydus Aman Shukla is a post-graduate in mass communication . A media enthusiast who has a strong hold on communication ,content writing and copy writing. Aman is currently working as journalist at
News18
2 days ago
- Business
- News18
Stocks To Watch: Tata Motors, ICICI Bank, Voltas, IDFC First Bank, Coforge, And Others
Last Updated: Stocks to watch: Shares of firms like Tata Motors, ICICI Bank, Voltas, IDFC First Bank, Coforge, and others will be in focus on Monday's trade Stocks to Watch On August 11, 2025: Equity markets ended lower on Monday, failing to sustain the previous session's rebound, with benchmark indices slipping around 1%. In Tuesday's trade, Tata Motors, ICICI Bank, Voltas, IDFC First Bank, Coforge, and others will be in focus amid key corporate developments. Tata Motors The automaker reported a Q1 FY26 net profit of Rs 3,924 crore, down 30% from Rs 5,643 crore last year, despite stable sales in some segments. EBITDA fell 36% to Rs 9,700 crore, while revenue eased to Rs 1.04 lakh crore from Rs 1.07 lakh crore. Bharti Airtel Promoter entity Indian Continent Investment sold a 1% stake—about 60 million shares—via a block deal, raising Rs 11,200 crore. The sale drew strong interest from domestic and foreign institutional investors. Siemens India Q3 FY25 profit slipped 3% YoY to Rs 423 crore, hurt by lower other income, but operational metrics were robust. Revenue rose 15.5% to Rs 4,347 crore, with new orders up 13% to Rs 5,680 crore and order backlog 8% higher at Rs 42,845 crore. Manappuram Finance Net profit dropped 75% to Rs 138 crore. The gold loan division grew revenue 10% to ₹1,904 crore, but microfinance revenue plunged 53% to Rs 361 crore, posting a Rs 437 crore loss. Interim dividend: Rs 0.50 per share; record date August 14. Shipping Corporation of India Q1 profit rose 22.8% YoY to Rs 366.3 crore on improved margins, but revenue fell 13.1% to Rs 1,316 crore. Operating profit dipped 3.8% to Rs 489.6 crore. Power Mech Projects Posted a 30% rise in profit to Rs 80.5 crore and 28% revenue growth to Rs 1,293 crore. EBITDA surged 49% to Rs 170.4 crore, with margins expanding to 13.2%. DOMS Industries Revenue climbed 26.4% to Rs 562 crore; profit up 10.5% to Rs 57.3 crore. EBITDA margin narrowed to 17.5% from 19.4%. Declared final dividend of Rs 3.15 per share; record date September 15. Puravankara Reported a Rs 68.5 crore loss in Q1 FY26, versus a Rs 14.4 crore profit last year, as revenue fell over 20% to Rs 524.4 crore. Brigade Enterprises Launched 'Brigade Cherry Blossom," a 20-acre plotted development in Malur, East Bengaluru, comprising 338 plots and estimated revenue potential of Rs 225 crore. Stay updated with all the latest news on the Stock Market, including market trends, Sensex and Nifty updates, top gainers and losers, and expert analysis. Get real-time insights, financial reports, and investment strategies—only on News18. tags : stocks to watch view comments Location : New Delhi, India, India First Published: August 11, 2025, 07:48 IST News business » markets Stocks To Watch: Tata Motors, ICICI Bank, Voltas, IDFC First Bank, Coforge, And Others Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
News18
4 days ago
- Business
- News18
Brigade Enterprises aims Rs 225 cr revenue from new housing project in Bengaluru
Agency: PTI Last Updated: New Delhi, Aug 9 (PTI) Realty firm Brigade Enterprises Ltd is targeting more than Rs 225 crore in revenue from the sale of residential plots in its new project in Bengaluru. The company has launched a new project 'Brigade Cherry Blossom', in Malur of East Bengaluru. This is a joint venture project, comprising 338 housing plots. 'With a projected revenue potential exceeding Rs 225 crore, the project spans 20 acres and 11 guntas, offering a total development area of 4.51 lakh sq ft," Brigade Enterprises said in a regulatory filing on Friday. 'Malur is an evolving micro-market and upcoming residential hub, and this development reflects our commitment to delivering high-quality and sustainable projects to our customers," said Pavitra Shankar, Managing Director, Brigade Enterprises. The company has developed housing, commercial and hospitality projects across South India. PTI MJH BAL BAL view comments First Published: August 09, 2025, 13:45 IST Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
