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This midcap realty stock with reasonable valuations offers highest 1Y returns

Updated : December 03, 2019 06:44 AM IST

One midcap realty player that continued to maintain its momentum in terms of sales growth and comfortable valuations is Brigade Enterprises.
It is the only player in the realty midcap and large-cap space that has delivered nearly 56 percent return in the last one year. This year, the stock rallied over 40 percent.
In terms of valuations, the company is trading currently at 21.36x which is lower than the industry P/E of 27.12x.
This midcap realty stock with reasonable valuations offers highest 1Y returns

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