BofA Securities maintained its neutral stance on Paytm. It has disbursed Rs 3,665 crore ($443 million) worth of loans in the month of December.

"Discretionary spending is at absolutely new highs and the index is 20 to 30% higher on a 2-3 year basis. Phoenix wants to be a city centric large retail-led mall sort of a real estate player but their vision is primary retail led. About 10-15 years ago they tried to go to the then smaller cities such as Indore, Lucknow etc. All those cities have grown much bigger over the years.”

Phoenix Mills, incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 26217.63 Crore) operating in Real Estate sector.

We always have been following QGLP philosophy of buying high-quality companies with high growth and longevity at reasonable prices. So, our strategy has always been three-pronged.

ICICI Direct is bullish on Phoenix Mills recommended buy rating on the stock with a target price of Rs 1775 in its research report dated November 10, 2022.

Phoenix Mills Ltd., incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 27354.96 Crore) operating in Real Estate sector.

Goldman Sachs maintained a buy rating on Phoenix Mills with a target price of Rs 1,550. The company is showing healthy consumption trends.

Income from retail operations for the quarter rose 95% to Rs 456 crore, while income from residential business saw 5% decline to Rs 57.9 crore. Total income from office business rose 3% to Rs 43.5 crore, the company said in a regulatory filing.

The 52-week high is the highest price at which a stock has traded during the last year. Some traders and investors use this technical indicator as an important factor to analyse a stock's current value and to predict its future price movement.

ICICI Securities is bullish on The Phoenix Mills has recommended buy rating on the stock with a target price of Rs 1638 in its research report dated October 07, 2022.

Phoenix Mills Ltd., incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 24549.12 Crore) operating in Real Estate sector.

“One should remain invested and six months from now, if one is unhappy, then one must extend the time horizon as it is going to be a good journey. There could be one-off events which will keep hurting or impacting the markets but one has to stay invested in equities. This is a good time over the next four, five years.”

For Coromandel Agro, the record date for determining shareholders eligibility for the dividend payout is also September 12, 2022. Today is the record date for Suven Pharmaceuticals Rs 5 per share special dividend and Re 1 per share interim dividend.

Phoenix Mills Ltd., incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 24639.28 Crore) operating in Real Estate sector.

ICICI Direct is bullish on Phoenix Mills has recommended buy rating on the stock with a target price of Rs 1630 in its research report dated August 14, 2022.

Retail consumption rose 123% during the quarter to around Rs 2,190.5 crore, which is at 123% of the pre-Covid period of first quarter of 2019-20. Total consumption in July 2022 rose 133% to Rs 792 crore and strong consumption growth has continued so far in August 2022 as well, the company said.

State Bank of India has dragged Simbhaoli Sugars to bankruptcy over a Rs 395 crore loan.

“The consolidation with high volatility is likely to continue for the next 1-2 sessions. Immediate support is placed at 17,200 and the strong resistance to be watched at 17,500 levels. A decisive move above the hurdle could pull Nifty towards the next upside trajectory of 17,800 levels.”

According to domestic brokerage ICICI Securities, the impact of interest rates can, however, lead to over-reaction in both ways unlike the precise effect of gravity.

Phoenix Mills Ltd., incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 22505.05 Crore) operating in Real Estate sector.

While footfalls remained below the pre-Covid levels in the June quarter, price increases and bigger purchase sizes boosted sales of marketers, analysts and retailers said.

Net Sales are expected to increase by 156 percent Y-o-Y (up 5.6 percent Q-o-Q) to Rs. 523 crore, according to ICICI Direct.

Phoenix Mills Ltd., incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 21314.33 Crore) operating in Real Estate sector.

The investment is the second tranche of investment under the strategic partnership between GIC and Indias largest retail-led mixed-use asset developer and operator to set up a joint venture to develop, own and operate retail-led, mixed-use developments across India.

“Given Zomatos sudden desperation to go out and buy the remaining stake in Blinkit and giving away about Rs 6,000 crore is something that the market would not be able to fathom and anyway the risk appetite is clearly missing for people to go in for very fancy business models, no profitability and even the cash getting burned out like this. It will definitely hurt the sentiment.”

Phoenix Mills Ltd., incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 20751.99 Crore) operating in Real Estate sector.

“I do not see a case for a significant correction from the current price point. The risk to the earning is not very high at this point of time and even if one gets an earning growth of 12-14% for next year, the market would be quite happy to go with that kind of a number.”

"Brands have realised where the customer base is and want to move there. We are opening in Indore and Ahmedabad this year, and there is a lot of demand from our existing malls in tier-2 cities," said Rajendra Kalkar, president, west at Phoenix Mills, which operates more than half a dozen malls in Mumbai, Pune and Bengaluru, and in some tier-2 cities.

Varun Beverages is witnessing a breakout of Bullish Flag formation to resume its classical uptrend. It is respecting its 20-DMA placed at Rs 735

ICICI Direct is bullish on Phoenix Mills has recommended buy rating on the stock with a target price of Rs 1320 in its research report dated May 26, 2022.

Phoenix Mills Ltd., incorporated in the year 1905, is a Mid Cap company (having a market cap of Rs 19243.50 Crore) operating in Real Estate sector.

Phoenix that counts Singapore sovereign wealth fund GIC and the Canada Pension Plan Investment Board (CPPIB) as its partners will hold around 4.4 million sq ft cumulative leasable retail space across the four malls. The company is investing around Rs 4,000 crore to develop the retail component of these projects.

Operating profit for the quarter rose 39% to Rs 241 crore and Rs 734 crore for the financial year, up 49%.

Phoenix Mills is outperforming the Nifty Realty index where it is on the verge of a breakout of a critical hurdle of Rs 1,150 that may lead to further strength towards Rs 1,250-1,300 zone.

Net Sales are expected to increase by 18.2 percent Y-o-Y (up 7.3 percent Q-o-Q) to Rs. 455.9 crore, according to ICICI Direct.

ICICI Securities is bullish on The Phoenix Mills recommended buy rating on the stock with a target price of Rs 1336 in its research report dated April 07, 2022.