Brigade buys 2-acre land on Kanakapura Road for Rs 400 Cr project

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BRIGADE · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

+0.0%Reaction day

₹565.00

prior close

₹567.40

announcement price

After-mkt

timing

Nifty Smallcap 250market-0.7%+0.7% vs market

Residential Commercial Projects peers, median of 64sector-0.8%+0.8% vs sector

On the reaction day the stock moved 0.7 pts more than Nifty Smallcap 250 and 0.8 pts more than its Residential Commercial Projects peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

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10m

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15m

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30m

-0.4

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+0.0-0.7+0.7-0.8+0.8

Next day

+2.1-0.3+2.4-0.4+2.5

+3.5+1.0+2.5+0.6+2.9

+2.8+1.2+1.6+0.2+2.6

+1.0+1.9-0.9-0.1+1.0

+1.9+2.1-0.2-0.4+2.4

+7.6+2.0+5.6-1.3+8.9

15d

+11.1+2.0+9.1-1.7+12.8

+16.5+2.2+14.3-2.2+18.7

+1.5-1.0+2.5-6.5+8.0

-6.4pendingpending-14.2+7.8

UpDownMarket · Nifty Smallcap 250Sector · Residential Commercial Projects peers, median of 64Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Brigade Enterprises acquired a 2-acre land parcel on Kanakapura Road in South Bengaluru for a premium residential project with an estimated Gross Development Value of about Rs. 400 Crores. Kanakapura Road is described as a key growth corridor driven by expanding infrastructure, better connectivity, and rising homebuyer demand.

Likely market impact

Expands residential portfolio in a high-demand Bengaluru micro-market. Adds Rs. 400 Cr to future pipeline, supporting long-term revenue visibility.