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Brookfield India Real Estate Trust (BIRET)

₹267.410.24%

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Overview
Fundamentals
Q3 '23 Results
Technicals
News and Events

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 10.55% to 11.31% in Mar 2024 quarter

  • imgNO EFFECT

    Against Peers

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    In the last 1 year, Embassy Office Parks REIT has given 22.9% return, outperforming this stock by 21.2%

  • imgNO EFFECT

    Against Peers

    img

    In the last 3 years, Mindspace Business Parks REIT has given 18.0% return, outperforming this stock by 18.6%

  • imgNO EFFECT

    Promoter Holding Unchanged

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    Promoters holdings remained unchanged at 43.91% of holdings in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Revenue Fall

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    Revenue is down for the last 2 quarters, 561.14 Cr → 553.73 Cr (in ₹), with an average decrease of 1.3% per quarter

  • imgNEGATIVE IMPACT

    Profit Down

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    Netprofit is down for the last 2 quarters, 16.57 Cr → 4.61 Cr (in ₹), with an average decrease of 72.2% per quarter

  • imgNEGATIVE IMPACT

    Price Dip

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    In the last 3 years, BIRET stock has moved down by -0.6%

  • imgNEGATIVE IMPACT

    FII Holding Down

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    Foreign Institutions have decreased holdings from 8.48% to 8.45% in Mar 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

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    Retail Investor have decreased holdings from 17.56% to 17.50% in Mar 2024 quarter

Performance

  • Day's Low

    Day's High

    ₹265.2
    ₹268.06
  • 52 Week's Low

    52 Week's High

    ₹232.1
    ₹272
1 Month Return+ 3.7 %
3 Month Return+ 7.08 %
1 Year Return+ 1.72 %
Previous Close₹268.06
Open₹268.06
Volume61.36K
Upper Circuit-
Lower Circuit-
Market Cap₹11,770.12Cr

Analyst Rating

based on 13 analysts

BUY
100.00%
Buy
0.00%
Hold
0.00%
Sell

Based on 13 analysts offering long term price targets for Brookfield India Real Estate Trust. An average target of ₹306.23

Source: S&P Global Market Intelligence

Company Information

Brookfield India Real Estate Trust (BIRET) is a publicly listed real estate investment trust (REIT) incorporated in India in 2019. It is managed by Brookfield Asset Management and is the first REIT listed on the National Stock Exchange of India (NSE). Its operations span the entire real estate value chain, including development, asset management, leasing, and operations.

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: ₹267.41 per share as on 20 Jun, 2024 04:01 PM
Market Capitalisation: ₹11,770.12Cr as of today
Revenue: ₹535.90Cr as on March 2024 (Q1 24)
Net Profit: ₹4.61Cr as on March 2024 (Q1 24)
Listing date: 16 Feb, 2021
OrganisationBrookfield India Real Estate Trust
Headquarters
IndustryReal Estate Investment Trusts
E-voting on sharesClick here to vote

Key events for Brookfield India Real Estate Trust

  • Brookfield REIT Achieves Best-Ever Quarterly Gross Leasing - 29 May, 2024

    Brookfield India Real Estate Trust achieved its best-ever quarterly gross leasing in Q3FY24, with decent traction in gross leasing during the quarter. Nuvama Institutional Equities recommends it as a Buy with a target price of ₹280. A potential interest rate cut over the next year should act as a re-rating trigger for REITs.

  • Brookfield India Real Estate Trust Expands Operating Area Through Acquisitions - 19 May, 2024

    Brookfield India Real Estate Trust increased its operating area by 47% last year through acquisitions and is expected to grow another 16% after acquiring Bharti Enterprises' 50% stake in a JV. Its parent company, Brookfield, owns 54 msf of office space in India, providing an opportunity pipeline for the REIT.

  • Brookfield India Real Estate Trust to Acquire 50% Stake in Four Grade A Assets - 17 May, 2024

    Brookfield India Real Estate Trust (BIRET) is set to acquire a 50% stake in four Grade A assets from Bharti Enterprises at an enterprise valuation of Rs 6,000 crore. The acquisition includes commercial properties totaling 3.3 million sq ft. Bharti will become the second-largest unitholder in BIRET with an ownership stake of 8.53%.

  • Brookfield India REIT Acquires Stake in Bharti Assets - 16 May, 2024

    Brookfield India Real Estate Trust (REIT) is set to acquire a 50% stake in four Grade A commercial assets totalling 3.3 million sq ft from Bharti Enterprises at an enterprise value of Rs 6,000 crore.

Brookfield India Real Estate Trust Valuation

Brookfield India Real Estate Trust in the last 5 years

  • Overview

  • Trends

Lowest (20.01x)

September 30, 2021

Industry (32.40x)

June 19, 2024

Today (1340.30x)

June 19, 2024

Highest (1341.35x)

June 18, 2024

LowHigh

Mutual Fund Holdings

Funds Holdings
HDFC Balanced Advantage Fund Direct Plan Growth OptionHDFC Balanced Advantage Fund Direct Plan Growth Option0.47%
HDFC Hybrid Equity Fund Direct Growth OptionHDFC Hybrid Equity Fund Direct Growth Option0.73%
Parag Parikh Conservative Hybrid Fund Direct GrowthParag Parikh Conservative Hybrid Fund Direct Growth3.69%
Templeton India Equity Income Fund Direct GrowthTempleton India Equity Income Fund Direct Growth2.77%
Tata Balanced Advantage Fund Direct GrowthTata Balanced Advantage Fund Direct Growth0.64%

Shareholding Pattern

InvestorsHoldings %Prev. 1 periods3M change
Promoter Holdings
43.91%
0.00
Foreign Institutions
8.45%
0.00
Mutual Funds
11.31%
0.00
Retail Investors
17.5%
0.00
Others
18.83%
0.00

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Brookfield India Real Estate Trust (BIRET) share price today is ₹267.41

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 ₹268.06.
  • Today’s lowest price of Brookfield India Real Estate Trust is ₹265.2.

PE Ratio of Brookfield India Real Estate Trust is 1340.3

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 61.36K.

Today’s market capitalisation of Brookfield India Real Estate Trust(BIRET) is ₹11770.12Cr.

Brookfield India Real Estate Trust(BIRETPrice
52 Week High
₹272
52 Week Low
₹232.1

Brookfield India Real Estate Trust(BIRET) share price is ₹267.41. It is down -1.69% from its 52 Week High price of ₹272

Brookfield India Real Estate Trust(BIRET) share price is ₹267.41. It is up 15.21% from its 52 Week Low price of ₹232.1

Brookfield India Real Estate Trust(BIRETReturns
1 Day Returns
-0.65%
1 Month Returns
3.7%
3 Month Returns
7.08%
1 Year Returns
1.72%