Brookfield India Real Estate Trust Share Price (BIRET)
₹254.62
Overview of Brookfield India Real Estate Trust
Key events for Brookfield India Real Estate Trust
Brookfield India Real Estate Trust Reports Strong Growth in Operating Lease Rentals - 05 Apr, 2024
Brookfield India Real Estate Trust's income from operating lease rentals grew by 43% YoY to ₹8.8 bn and adjusted net operating income grew by 46% YoY to ₹10.5 bn for the first nine months of FY24. The company raised ₹27 bn in capital, completed two acquisitions, and is confident about substantial occupancy improvement.
Brookfield India Real Estate Trust CEO Sees Growth Potential for REITs - 22 Mar, 2024
The CEO of Brookfield India Real Estate Trust, Alok Aggarwal, believes that there is more growth potential for Real Estate Investment Trusts (REITs) if they are classified as equity assets rather than hybrids. He also highlighted the strong performance of commercial real estate in recent months and emphasized the significance of SEZ reforms.
Brookfield India REIT Seeks Direct Bank Lending Access - 21 Mar, 2024
Alok Aggarwal, CEO of Brookfield India Real Estate Trust, has stated that the Indian REIT industry is seeking access to direct bank lending and classification as equities. The Indian REITs Association (IRA) is in touch with the RBI for allowing banks to lend to such vehicles.
Brookfield India Real Estate Trust Advocates for REIT Classification Change - 20 Mar, 2024
Alok Aggarwal, CEO of Brookfield India Real Estate Trust, advocates for REITs to be classified as equity assets to bring clarity for investors. The Indian REITs Association is also seeking this change to open new avenues for inflows through both active and passive MFs.
Analyst Rating for Brookfield India Real Estate Trust stock
based on 14 analysts
Based on 14 analysts offering long term price targets for Brookfield India Real Estate Trust. An average target of ₹302.43
Source: S&P Global Market Intelligence
Brookfield India Real Estate Trust share Performance
- ₹253₹256.08₹254.62
0.64%
Downside
Day's Volatility:1.21%
Upside
0.57%
- ₹232.1₹282₹254.62
8.84%
Downside
52 Weeks Volatility:19.60%
Upside
10.75%
| Returns % | |
| 1 Month Return | 2.48 % |
| 3 Month Return | 0.77 % |
| 1 Year Return | -7.4 % |
| Market Stats | |
| Previous Close | ₹256.08 |
| Open | ₹255.10 |
| Volume | 1.19L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹11,179.99Cr |
Brookfield India Real Estate Trust Company Information
BIRET's portfolio consists of office, retail, hospitality, and residential assets across India. Its top products include office buildings, retail malls, hospitality properties, and residential apartments. It also has a strong focus on developing and managing Grade A office spaces in India's major cities. Biret's popular brands include Brookfield Place, a premium office and retail complex in Mumbai; and Brookfield Residences, a high-end residential apartment complex in Bangalore.
Share Price: ₹254.62 per share as on 15 Apr, 2024 04:01 PM
Market Capitalisation: ₹11,179.99Cr as of today
Revenue: ₹530.78Cr as on December 2023 (Q4 23)
Net Profit: ₹16.57Cr as on December 2023 (Q4 23)
Listing date: 16 Feb, 2021
| Organisation | Brookfield India Real Estate Trust |
| Headquarters | |
| Industry | Real Estate Investment Trusts |
| E-voting on shares | Click here to vote |
Fundamentals of Brookfield India Real Estate Trust
Insights on Brookfield India Real Estate Trust
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTFII Holding Up
Foreign Institutions have increased holdings from 0.00% to 8.48% in Dec 2023 quarter
- POSITIVE IMPACT
Revenue Rich
Revenue is up for the last 4 quarters, 307.73 Cr → 561.14 Cr (in ₹), with an average increase of 17.6% per quarter
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 10.28% to 10.55% in Dec 2023 quarter
- POSITIVE IMPACT
Retail Holding Up
Retail Investor have increased holdings from 16.11% to 17.56% in Dec 2023 quarter
- POSITIVE IMPACT
Profit Spike
Netprofit is up for the last 3 quarters, -27.01 Cr → 16.57 Cr (in ₹), with an average increase of 783.1% per quarter
NO EFFECTAgainst Peers
In the last 1 year, Embassy Office Parks REIT has given 12.4% return, outperforming this stock by 19.2%
- NO EFFECT
Promoter Holding Unchanged
Promoters holdings remained unchanged at 43.91% of holdings in Dec 2023 quarter
- NO EFFECT
Against Peers
In the last 3 years, Mindspace Business Parks REIT has given 17.0% return, outperforming this stock by 8.9%
NEGATIVE IMPACTPrice Dip
In the last 1 year, BIRET stock has moved down by -6.9%
Brookfield India Real Estate Trust Valuation
Brookfield India Real Estate Trust in the last 5 years
Lowest (20.01x)
September 30, 2021
Industry (31.53x)
April 15, 2024
Today (299.55x)
April 15, 2024
Highest (308.22x)
April 3, 2024
Brookfield India Real Estate Trust Mutual Fund Holdings
| Funds | Holdings |
 HDFC Balanced Advantage Fund Direct Plan Growth Option | 0.5% |
| HDFC Hybrid Equity Fund Direct Growth Option | 0.73% |
 Parag Parikh Conservative Hybrid Fund Direct Growth | 3.8% |
 Templeton India Equity Income Fund Direct Growth | 2.88% |
 Tata Balanced Advantage Fund Direct Growth | 0.57% |
Brookfield India Real Estate Trust Shareholding Pattern
| Investors | Holdings % | Prev. 4 periods | 3M change |
|---|---|---|---|
| Promoter Holdings | 43.91% | 0.00 | |
| Foreign Institutions | 8.48% | 0.00 | |
| Mutual Funds | 10.55% | 2.68 | |
| Retail Investors | 17.56% | 9.04 | |
| Others | 19.5% |
Technicals of Brookfield India Real Estate Trust share
News & Events of Brookfield India Real Estate Trust
Frequently Asked Questions
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Brookfield India Real Estate Trust (BIRET) share price today is ₹254.62
Brookfield India Real Estate Trust is listed on NSE
Brookfield India Real Estate Trust is listed on BSE
- Today’s highest price of Brookfield India Real Estate Trust is ₹256.08.
- Today’s lowest price of Brookfield India Real Estate Trust is ₹253.
PE Ratio of Brookfield India Real Estate Trust is 299.55
PE ratio = Brookfield India Real Estate Trust Market price per share / Brookfield India Real Estate Trust Earnings per share
Today’s traded volume of Brookfield India Real Estate Trust(BIRET) is 1.19L.
Today’s market capitalisation of Brookfield India Real Estate Trust(BIRET) is ₹11179.99Cr.
| Brookfield India Real Estate Trust(BIRET | Price |
|---|---|
52 Week High | ₹282 |
52 Week Low | ₹232.1 |
Brookfield India Real Estate Trust(BIRET) share price is ₹254.62. It is down -9.71% from its 52 Week High price of ₹282
Brookfield India Real Estate Trust(BIRET) share price is ₹254.62. It is up 9.70% from its 52 Week Low price of ₹232.1
| Brookfield India Real Estate Trust(BIRET | Returns |
|---|---|
1 Day Returns | -1.46% |
1 Month Returns | 2.48% |
3 Month Returns | 0.77% |
1 Year Returns | -7.4% |