Brigade unveils ₹2,500 cr housing project, stock still bearish
Brigade launched a ₹2,500 crore housing project in East Bengaluru, spanning 2.5 million sqft. SEBI registered analyst Vatsal Khemka called it a strong demand-positive but warned charts remain bearish with weak momentum and no reversal signals. He advised traders to stay on sidelines. Despite bullish retail chatter, Brigade shares are down 26% YTD.