Exciting Capacity Expansion at Brigade Enterprises Ltd! | MCap 27,918.02 Cr | PE 76.76

🚀 Brigade Enterprises is set to change the landscape in Kerala with an impressive 1.5 million sq. ft. expansion! 🌟

📊 Key Highlights:

- Brigade Enterprises Limited has signed a Memorandum of Understanding (MoU) with Technopark for a new World Trade Center (WTC) in Thiruvananthapuram.
- This ambitious project includes a business hotel and aims to create around 1.5 million square feet of infrastructure.
- The WTC will attract IT MNCs, providing 'Grade A' office spaces for a growing workforce.
- Expansion efforts in Kochi are already underway, increasing IT infrastructure to over 1 million square feet.
- Total investment for this development in Kerala is approximately ₹1,500 crores.
- The project is expected to generate over 10,000 direct and indirect job opportunities.
- The MoU was signed by Mr. Hrishikesh Nair, COO of Brigade Enterprises, and Col Sanjeev Nair, CEO of Technopark.

🔹Company Profile:

Name: BRIGADE ENTERPRISES LTD
Symbol: BRIGADE, BSE:532929
PE: 76.76
Market Cap: ₹27,918.02 Cr. == Approx. $3.34 B
Sector: Realty - Residential, Commercial Projects

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🕒 This update of BRIGADE ENTERPRISES LTD was recorded at January 13, 2025, 12:19 PM

Disc: Information provided in this tweet can be inaccurate, verify through the source before making any investment decision.