BRIGADE.NS vs. TATAPOWER.NS

Last updated Jun 4, 2026

BRIGADE.NS (Brigade Enterprises Limited) and TATAPOWER.NS (Tata Power Company Limited) are both stocks. BRIGADE.NS operates in Real Estate - Development (Real Estate), while TATAPOWER.NS operates in Utilities - Independent Power Producers (Utilities). Over the past 10 years, BRIGADE.NS returned 20.94%/yr vs 20.45%/yr for TATAPOWER.NS. At a 0.30 correlation, their price movements are largely independent.

Performance

BRIGADE.NS vs. TATAPOWER.NS - Performance Comparison

The chart below illustrates the hypothetical performance of a ₹10,000 investment in Brigade Enterprises Limited (BRIGADE.NS) and Tata Power Company Limited (TATAPOWER.NS). The values are adjusted to include any dividend payments, if applicable.

Returns By Period

In the year-to-date period, BRIGADE.NS achieves a -26.08% return, which is significantly lower than TATAPOWER.NS's 8.47% return. Both investments have delivered pretty close results over the past 10 years, with BRIGADE.NS having a 20.94% annualized return and TATAPOWER.NS not far behind at 20.45%.

BRIGADE.NS

• 1D: 0.57%
• 1M: -17.35%
• YTD: -26.08%
• 6M: -26.13%
• 1Y: -46.76%
• 3Y*: 5.16%
• 5Y*: 19.84%
• 10Y*: 20.94%

TATAPOWER.NS

• 1D: -0.76%
• 1M: -6.72%
• YTD: 8.47%
• 6M: 7.32%
• 1Y: 5.79%
• 3Y*: 24.88%
• 5Y*: 31.71%
• 10Y*: 20.45%

*Multi-year figures are annualized to reflect compound growth (CAGR)

BRIGADE.NS vs. TATAPOWER.NS - Yearly Performance Comparison

	2026 (YTD)	2025	2024	2023	2022	2021	2020	2019	2018	2017
BRIGADE.NS Brigade Enterprises Limited	-26.08%	-28.62%	38.83%	93.49%	-4.85%	97.56%	14.74%	51.46%	-30.11%	111.86%
TATAPOWER.NS Tata Power Company Limited	8.47%	-2.69%	18.69%	61.41%	-5.24%	195.71%	38.21%	-25.01%	-16.35%	25.28%

Correlation

The correlation between BRIGADE.NS and TATAPOWER.NS is 0.36, which is low. Their price movements are largely independent, making them effective diversification partners.

	Correlation
Correlation (1Y) Calculated over the trailing 1-year period	0.36
Correlation (3Y) Calculated over the trailing 3-year period	0.34
Correlation (5Y) Calculated over the trailing 5-year period	0.32
Correlation (10Y) Calculated over the trailing 10-year period	0.29
Correlation (All Time) Calculated using the full available price history since Jan 1, 2008	0.30

Return for Risk

BRIGADE.NS vs. TATAPOWER.NS — Risk / Return Rank

Compare risk-adjusted metric ranks to identify better-performing investments over the past 12 months.

BRIGADE.NS

BRIGADE.NS Risk / Return Rank: 3
BRIGADE.NS Sharpe Ratio Rank: 0
BRIGADE.NS Sortino Ratio Rank: 1
BRIGADE.NS Omega Ratio Rank: 2
BRIGADE.NS Calmar Ratio Rank: 5
BRIGADE.NS Martin Ratio Rank: 7

TATAPOWER.NS

TATAPOWER.NS Risk / Return Rank: 47
TATAPOWER.NS Sharpe Ratio Rank: 51
TATAPOWER.NS Sortino Ratio Rank: 43
TATAPOWER.NS Omega Ratio Rank: 41
TATAPOWER.NS Calmar Ratio Rank: 49
TATAPOWER.NS Martin Ratio Rank: 49

The rank (0–100) shows how this investment's returns compare to the risk taken. Higher = better. Based on the past 12 months of data, combining Sharpe, Sortino, and other metrics used by quantitative funds and institutional investors.

BRIGADE.NS vs. TATAPOWER.NS - Risk-Adjusted Trends Comparison

This table presents a comparison of risk-adjusted performance metrics for Brigade Enterprises Limited (BRIGADE.NS) and Tata Power Company Limited (TATAPOWER.NS). Risk-adjusted metrics are performance indicators that assess an investment's returns in relation to its risk, enabling a more accurate comparison of different investment options.

	BRIGADE.NS	TATAPOWER.NS	Difference
Sharpe ratio: Return per unit of total volatility	-1.53	0.28	-1.81
Sortino ratio: Return per unit of downside risk	-2.56	0.55	-3.11
Omega ratio: Gain probability vs. loss probability	0.73	1.06	-0.33
Calmar ratio: Return relative to maximum drawdown	-0.93	0.35	-1.28
Martin ratio: Return relative to average drawdown	-1.42	0.79	-2.21
Data is calculated on a 1-year rolling basis and updated daily. The trend shows the change in the indicator over the past month.

BRIGADE.NS vs. TATAPOWER.NS - Sharpe Ratio Comparison

The current BRIGADE.NS Sharpe Ratio is -1.53, which is lower than the TATAPOWER.NS Sharpe Ratio of 0.28. The chart below compares the historical Sharpe Ratios of BRIGADE.NS and TATAPOWER.NS, calculated using daily returns over the previous 12 months. A higher Sharpe Ratio indicates better risk-adjusted performance relative to the risk-free rate.

Sharpe Ratios by Period

	BRIGADE.NS	TATAPOWER.NS	Difference
Sharpe Ratio (1Y) Calculated over the trailing 1-year period	-1.53	0.28	-1.81
Sharpe Ratio (5Y) Calculated over the trailing 5-year period	0.54	0.98	-0.44
Sharpe Ratio (10Y) Calculated over the trailing 10-year period	0.55	0.61	-0.06
Sharpe Ratio (All Time) Calculated using the full available price history	0.14	0.38	-0.24

Drawdowns

BRIGADE.NS vs. TATAPOWER.NS - Drawdown Comparison

The maximum BRIGADE.NS drawdown since its inception was -92.64%, which is greater than TATAPOWER.NS's maximum drawdown of -79.50%. Use the drawdown chart below to compare losses from any high point for BRIGADE.NS and TATAPOWER.NS.

Drawdown Indicators

	BRIGADE.NS	TATAPOWER.NS	Difference
Max Drawdown Largest peak-to-trough decline	-92.64%	-79.50%	-13.14%
Max Drawdown (1Y) Largest decline over 1 year	-50.21%	-16.75%	-33.46%
Max Drawdown (3Y) Largest decline over 3 years	-55.54%	-30.56%	-24.98%
Max Drawdown (5Y) Largest decline over 5 years	-55.54%	-36.02%	-19.52%
Max Drawdown (10Y) Largest decline over 10 years	-61.56%	-71.89%	+10.33%
Current Drawdown Current decline from peak	-54.17%	-14.69%	-39.48%
Average Drawdown Average peak-to-trough decline	-44.61%	-31.64%	-12.97%
Ulcer Index Depth and duration of drawdowns from previous peaks	32.87%	7.37%	+25.50%

Volatility

BRIGADE.NS vs. TATAPOWER.NS - Volatility Comparison

Brigade Enterprises Limited (BRIGADE.NS) has a higher volatility of 9.10% compared to Tata Power Company Limited (TATAPOWER.NS) at 6.54%. This indicates that BRIGADE.NS's price experiences larger fluctuations and is considered to be riskier than TATAPOWER.NS based on this measure. The chart below showcases a comparison of their rolling one-month volatility.

Volatility by Period

	BRIGADE.NS	TATAPOWER.NS	Difference
Volatility (1M) Calculated over the trailing 1-month period	9.10%	6.54%	+2.56%
Volatility (6M) Calculated over the trailing 6-month period	23.44%	17.36%	+6.08%
Volatility (1Y) Calculated over the trailing 1-year period	30.88%	21.07%	+9.81%
Volatility (5Y) Calculated over the trailing 5-year period, annualized	37.34%	33.04%	+4.30%
Volatility (10Y) Calculated over the trailing 10-year period, annualized	38.86%	34.43%	+4.43%

Dividends

BRIGADE.NS vs. TATAPOWER.NS - Dividend Comparison

BRIGADE.NS's dividend yield for the trailing twelve months is around 0.38%, less than TATAPOWER.NS's 0.55% yield.

Position	TTM	2025	2024	2023	2022	2021	2020	2019	2018	2017	2016	2015
BRIGADE.NS Brigade Enterprises Limited	0.38%	0.28%	0.16%	0.22%	0.32%	0.24%	0.40%	0.61%	0.92%	0.79%	1.33%	1.30%
TATAPOWER.NS Tata Power Company Limited	0.55%	0.59%	0.51%	0.60%	0.84%	0.70%	2.05%	2.30%	1.69%	1.39%	1.71%	1.91%

Financials

Frequently Asked Questions

Can I hold both BRIGADE.NS and TATAPOWER.NS in my portfolio?

BRIGADE.NS and TATAPOWER.NS have a correlation of 0.36, meaning they provide meaningful diversification benefit when combined. Depending on your allocation goals, holding both could reduce overall portfolio risk.