NSE: PHOENIXLTD | BSE: 503100

Expensive Performer

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1722.70 -7.20 (-0.42%)

222.1K NSE+BSE Volume

NSE 02 Dec, 2025 1:37 PM (IST)

61,603.5

Market Cap

High in industry

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.

06 Oct 2022

1722.70

-0.42%

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 decreased from 795 to 768 in Sep 2025 qtr

Phoenix Mills Ltd.

08 Sep 2022

1722.70

-0.42%

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.

Number of FII/FPI investors decreased from 795 to 768 in Sep 2025 qtr

Phoenix Mills Ltd.

15 Aug 2022

1722.70

-0.42%

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 decreased from 795 to 768 in Sep 2025 qtr

Phoenix Mills Ltd.

14 Aug 2022

1722.70

-0.42%

The Phoenix Mills

Buy: Phoenix Mills Ltd.

Target

ICICI Direct

Phoenix Mills Ltd. has an average target of 2023.00 from 3 brokers.

Phoenix Mills Ltd.

07 Jul 2022

1722.70

-0.42%

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.

Geojit BNP Paribas upgraded Phoenix Mills Ltd. to Buy with a price target of 1996.0 on 24 Nov, 2025.

Phoenix Mills Ltd.

30 May 2022

1722.70

-0.42%

PHOENIX MILL

Hold: Phoenix Mills Ltd.

Target

Geojit BNP Paribas

Phoenix Mills Ltd. has an average target of 2023.00 from 3 brokers.

Phoenix Mills Ltd.

26 May 2022

1722.70

-0.42%

The Phoenix Mills

Buy: Phoenix Mills Ltd.

ICICI Direct

Number of FII/FPI investors decreased from 795 to 768 in Sep 2025 qtr

Phoenix Mills Ltd.

20 Apr 2022

1722.70

-0.42%

Pick of the week Phoenix Mills Ltd 20-04-2022

Buy: Phoenix Mills Ltd.

SBI Securities

Geojit BNP Paribas upgraded Phoenix Mills Ltd. to Buy with a price target of 1996.0 on 24 Nov, 2025.

Phoenix Mills Ltd.

16 Feb 2022

1722.70

-0.42%

PHOENIX MILL

Hold: Phoenix Mills Ltd.

Geojit BNP Paribas

Phoenix Mills is country's leading developer and operator of retail malls. It owns and operates 9 malls across 6 cities with a combined 0.64mn sqm of retail space, and has another 4 malls currently under development with...

Geojit BNP Paribas upgraded Phoenix Mills Ltd. to Buy with a price target of 1996.0 on 24 Nov, 2025.

Phoenix Mills Ltd.

08 Feb 2022

1722.70

-0.42%

The Phoenix Mills

Buy: Phoenix Mills Ltd.

Target

ICICI Securities Limited

Other new capex includes 1) setting up of new integrated unit with 3.5 MT GU and 3.8 MT clinker unit in Rajasthan by Q4FY24E, 2) 3 MT grinding unit in West Bengal by Q4FY23E, 3) 106 MW solar power The entire total capex of | 4750 crore till FY24E will be funded via internal accruals. Total domestic capacity to reach 53.4 MT post these expansions Expected to continue to maintain its cost leadership, market share due to...

Phoenix Mills Ltd. is trading above all available SMAs

Is Phoenix Mills Ltd. worth buying?

104 Votes:

Buy 84.62%

Sell 9.62%

Hold 5.77%

RESEARCH REPORTS

Buy SEE REPORTS >

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Buy SEE REPORTS >

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