Name: Latest research reports of Phoenix Mills Ltd. authored by ICICI Securities Limited and published by - Trendlyne research reports.
Item: Phoenix Mills Ltd.
Rating: 4
Author: ICICI Securities Limited

Phoenix Mills Ltd.

NSE: PHOENIXLTD | BSE: 503100 | ISIN: INE211B01039 | Industry: Realty
| Expensive Performer

1677.6000 45.20 (2.77%)

NSE Apr 30, 2025 09:48 AM

25.38% Gain from 52W Low

Volume: 159.1K

Phoenix Mills Ltd.

10 Nov 2022

1677.60

2.77%

Strong consumption flows through to rentals

Accumulate: Phoenix Mills Ltd.

Recommendation

ICICI Securities Limited

The Phoenix Mills’ (PHNX) saw Oct’22 like-to-like (LTL) consumption across malls at Rs8.7bn or 118% of Oct’19 levels and mirrors the Q2FY23 LTL consumption growth which was at 118% of Q2FY20 levels.

Number of FII/FPI investors increased from 808 to 821 in Mar 2025 qtr.