NSE: PHOENIXLTD | BSE: 503100

Mid-range Performer

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1561.70 -8.90 (-0.57%)

624.1K NSE+BSE Volume

NSE 30 Jun, 2025 3:31 PM (IST)

55,834.4

Market Cap

High in industry

1.2

Beta 1Year

High Volatility

Phoenix Mills Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for PHOENIXLTD, BSE:503100 Phoenix Mills Ltd.

Phoenix Mills Ltd.

19 Dec 2022

1561.70

-0.57%

Another feather in the cap

Buy: Phoenix Mills Ltd.

Recommendation Target

ICICI Securities Limited

The Phoenix Mills (PHNX) has announced the completion of the Surat mall land acquisition for Rs5.1bn in partnership with Ahmedabad based Bsafal Group.

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

Phoenix Mills Ltd.

08 Dec 2022

1561.70

-0.57%

Growth story remains on track

Accumulate: Phoenix Mills Ltd.

ICICI Securities Limited

The Phoenix Mills’ (PHNX) saw Nov’22 like-to-like (LTL) consumption across malls
at Rs6.3bn or 113% of Nov’19 levels and is lower than Oct’22 LTL consumption growth of 18% as the festivals of Dussehra and Diwali both fell in the month of Oct’22. For YTD FY23 (Apr-Nov’22).

Phoenix Mills Ltd. has an average target of 1683.50 from 2 brokers.

Phoenix Mills Ltd.

16 Nov 2022

1561.70

-0.57%

PHOENIX MILL

Sell: Phoenix Mills Ltd.

Recommendation Target

Geojit BNP Paribas

Phoenix Mills Ltd. is trading below all available SMAs

Phoenix Mills Ltd.

10 Nov 2022

1561.70

-0.57%

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.

Phoenix Mills Ltd. has an average target of 1683.50 from 2 brokers.

Phoenix Mills Ltd.

07 Oct 2022

1561.70

-0.57%

Double digit consumption growth sustains in Sep’22

Buy: Phoenix Mills Ltd.

ICICI Securities Limited

The Phoenix Mills’ (PHNX) saw Sep’22 like-to-like (LTL) consumption across malls at Rs5.8bn or 115% of Sep’19 levels and mirrors the Jul’22 LTL consumption growth which was at 120% of Jul’19 levels and Aug’22 LTL consumption growth which was at 114% of Aug’19 levels.

Phoenix Mills Ltd. has an average target of 1683.50 from 2 brokers.

Phoenix Mills Ltd.

06 Oct 2022

1561.70

-0.57%

Strong consumption revival, robust balance sheet

Buy: Phoenix Mills Ltd.

Target

ICICI Securities Limited

The Phoenix Mills’ (PHNX) FY21 and FY22 operations were impacted by mall shutdowns across India owing to successive Covid waves.

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

Phoenix Mills Ltd.

08 Sep 2022

1561.70

-0.57%

Strong consumption growth sustains in Aug’22

Buy: Phoenix Mills Ltd.

ICICI Securities Limited

The Phoenix Mills (PHNX) saw Aug’22 like-to-like (LTL) consumption across malls at Rs6.7bn or 114% of Aug’19 levels.

Phoenix Mills Ltd. is trading below all available SMAs

Phoenix Mills Ltd.

15 Aug 2022

1561.70

-0.57%

Strong consumption flows through to rentals

Buy: Phoenix Mills Ltd.

Target

ICICI Securities Limited

The Phoenix Mills (PHNX) saw Q1FY23 (Apr-Jun’22) like-to-like (LTL) consumption
across malls at Rs19.8bn or 111% of Apr-Jun’19 (Q1FY20) levels which translated
into Q1FY23 retail LTL EBITDA of Rs2.9bn or 115% of Q1FY20 levels.

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

Phoenix Mills Ltd.

14 Aug 2022

1561.70

-0.57%

The Phoenix Mills

Buy: Phoenix Mills Ltd.

Target

ICICI Direct

Phoenix Mills Ltd. has an average target of 1683.50 from 2 brokers.

Phoenix Mills Ltd.

07 Jul 2022

1561.70

-0.57%

Strong consumption growth in Apr-Jun’22

Buy: Phoenix Mills Ltd.

Target

ICICI Securities Limited

The Phoenix Mills (PHNX) saw Q1FY23 (Apr-Jun’22) like-to-like (LTL) consumption across malls at Rs19.5bn or 109% of Apr-Jun’19 (Q1FY20) levels while overall Q1FY23 consumption of Rs21.6bn stood at 121% of Q1FY20 levels. While Jun’22 was a slower month with LTL consumption at 97% of Jun’19 levels, with retailers’ End of Season sale delayed to Jul’22, we expect consumption to bounce back.

Phoenix Mills Ltd. is trading below all available SMAs

Is Phoenix Mills Ltd. worth buying?

99 Votes:

Buy 84.85%

Sell 10.1%

Hold 5.05%

RESEARCH REPORTS

Hold SEE REPORTS >

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Neutral SEE REPORTS >

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