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Phoenix Mills is currently trading at Rs. 623.20, up by 21.00 points or 3.49% from its previous closing of Rs. 602.20 on the BSE.The scrip opened at Rs. 590.60 and has touched a high and low of Rs. 624.50 and Rs. 590.60 respectively. So far 35572 shares were traded on the counter.The BSE group `A` stock of face value Rs. 2 has touched a 52 week high of Rs. 725.00 on 28-May-2018 and a 52 week low of Rs. 491.50 on 09-Oct-2018.Last one week high and low of the scrip stood at Rs. 629.00 and Rs. 586.25 respectively. The current market cap of the company is Rs. 9435.15 crore.The promoters holding in the company stood at 62.80%, while Institutions and Non-Institutions held 32.12% and 5.08% respectively.Phoenix Mills has entered into a Share Purchase Agreement (SPA) with Insight Mall Developers, its wholly-owned subsidiary (Insight) and Island Star Mall Developers, its subsidiary (Island), for sale/disposal of the entire equity holding in Insight by the company, in favour of Island.Pursuant to the aforesaid SPA, the company has transferred its entire equity holding in Insight to Island on December 11, 2018. Therefore, post the aforesaid transfer, Insight has ceased to be the company`s wholly-owned subsidiary and has become a step down subsidiary of the company with effect from December 11, 2018.Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.
Phoenix Mills is currently trading at Rs. 642.05, up by 3.15 points or 0.49% from its previous closing of Rs. 638.90 on the BSE.The scrip opened at Rs. 642.05 and has touched a high and low of Rs. 642.05 and Rs. 642.05 respectively. So far 162220 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 725.00 on 28-May-2018 and a 52 week low of Rs. 455.90 on 25-Sep-2017.Last one week high and low of the scrip stood at Rs. 661.70 and Rs. 631.30 respectively. The current market cap of the company is Rs. 9787.40 crore.The promoters holding in the company stood at 62.81%, while Institutions and Non-Institutions held 31.86% and 5.33% respectively.Phoenix Mills (PML) has formed a 50:50 Joint Venture (JV) with Ahmedabad-based BSafal group to acquire a 5.16-acre land located on Sarkhej - Gandhinagar (SG) Highway in Thaltej, Ahmedabad. The company will invest approximately Rs 2.30 billion for its 50% stake in the JV. The JV will develop a premium retail destination spread over approximately 0.6 million square feet. This retail development will be operated and managed by PML.Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.
Phoenix Mills is currently trading at Rs. 643.40, up by 11.80 points or 1.87% from its previous closing of Rs. 631.60 on the BSE.The scrip opened at Rs. 634.00 and has touched a high and low of Rs. 643.40 and Rs. 632.10 respectively. So far 978 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 725.00 on 28-May-2018 and a 52 week low of Rs. 440.00 on 29-Jun-2017.Last one week high and low of the scrip stood at Rs. 653.55 and Rs. 620.00 respectively. The current market cap of the company is Rs. 9814.08 crore.The promoters holding in the company stood at 62.82%, while Institutions and Non-Institutions held 32.81% and 4.36% respectively.Phoenix Mills’ (PML) wholly owned subsidiary -- Insight Hotels & Leisure has acquired an under-construction retail asset in Indore. PML has acquired the asset for Rs 2.34 billion in an auction conducted by an Asset Reconstruction Company.This brownfield expansion will add around 1.1 million sq. ft. to PML`s retail asset portfolio. The site offers a further development potential of around 800,000 sq. ft.Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.
Phoenix Mills is currently trading at Rs. 623.00, up by 0.50 points or 0.08% from its previous closing of Rs. 622.50 on the BSE.The scrip opened at Rs. 627.70 and has touched a high and low of Rs. 629.85 and Rs. 620.15 respectively. So far 5341 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 716.50 on 06-Mar-2018 and a 52 week low of Rs. 391.00 on 23-May-2017.Last one week high and low of the scrip stood at Rs. 639.45 and Rs. 613.10 respectively. The current market cap of the company is Rs. 9558.45 crore.The promoters holding in the company stood at 62.82%, while Institutions and Non-Institutions held 32.81% and 4.36% respectively.The company has reported a fall of 14.62% in its net profit at Rs 31.41 crore for the quarter ended March 31, 2018 as compared to Rs 36.79 crore for the same quarter in the previous year. However, total income of the company has increased by 8.31% at Rs 109.30 crore for quarter under review as compared to Rs 100.91 crore for the quarter ended March 31, 2017.On consolidated basis, the company has reported over 3 fold jump in its net profit at Rs 92.58 crore for the quarter ended March 31, 2018 as compared to Rs 26.05 crore for the corresponding quarter in the FY17. However, total income of the company fell by 4.97% at Rs 451.11 crore for quarter under review as compared to Rs 474.72 crore for the same quarter ended previous year. For the year ended March 31, 2018, the company has posted a rise of 15.93% in its net profit at Rs 154.83 crore as compared to Rs 133.55 crore for the same period in the previous year. Total income of the company increased 4.39% at Rs 449.89 crore for year under review as compared to Rs 430.98 crore for the period ended March 31, 2017.For the year ended March 31, 2018, on the consolidated basis, the company has posted rise of 44.21% in its net profit at Rs 242.16 crore as compared to Rs 167.92 crore for the same period in the previous year. However, total income of the company has decreased by 10.49% at Rs 1,675.37 crore for year under review as compared to Rs 1871.78 crore for the period ended March 31, 2017.
Phoenix Mills is currently trading at Rs. 612.45, up by 1.95 points or 0.32% from its previous closing of Rs. 610.50 on the BSE.The scrip opened at Rs. 610.45 and has touched a high and low of Rs. 615.90 and Rs. 610.45 respectively. The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 716.50 on 06-Mar-2018 and a 52 week low of Rs. 391.00 on 23-May-2017.Last one week high and low of the scrip stood at Rs. 653.00 and Rs. 592.00 respectively. The current market cap of the company is Rs. 9,380.00 crore.The promoters holding in the company stood at 62.82%, while Institutions and Non-Institutions held 32.81% and 4.36% respectively.The Phoenix Mills has acquired entire share capital of Destiny Hospitality Services (DHSPL) comprising of 10,000 equity shares of Rs 10 each at par for a total consideration of Rs 1,00,000 on April 25, 2018. Subsequent to the above acquisition, DHSPL has become a wholly owned subsidiary of the company with effect from April 25, 2018. DHSPL will be engaged in the business of real estate development activities.Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.
Phoenix Mills is currently trading at Rs. 644.65, up by 12.45 points or 1.97% from its previous closing of Rs. 632.20 on the BSE.The scrip opened at Rs. 650.20 and has touched a high and low of Rs. 653.00 and Rs. 639.85 respectively. So far 13,000 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 716.50 on 06-Mar-2018 and a 52 week low of Rs. 390.25 on 24-Apr-2017.Last one week high and low of the scrip stood at Rs. 653.00 and Rs. 568.30 respectively. The current market cap of the company is Rs. 9,874.00 crore.The promoters holding in the company stood at 62.82%, while Institutions and Non-Institutions held 32.81% and 4.36% respectively.Island Star Mall Developers (ISMDPL), a strategic investment alliance owned by The Phoenix Mills (PML) and Canada Pension Plan Investment Board (CPPIB) has acquired a land in Hebbal, Bengaluru, for Rs 650 crore (C$130 million). The site, ISMDPL’s second acquisition, is located in Hebbal, Bengaluru, with direct access from the National Highway 7 that connects Bengaluru city to the international airport. The site has development potential of approximately 1.81 million square feet. In the initial phase, ISMDPL would develop at least 1 million square feet as premium retail development.Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.
Phoenix Mills is currently trading at Rs. 572.00, up by 8.60 points or 1.53% from its previous closing of Rs. 563.40 on the BSE.The scrip opened at Rs. 568.00 and has touched a high and low of Rs. 572.00 and Rs. 568.00 respectively. So far 278 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 597.95 on 16-Oct-2017 and a 52 week low of Rs. 337.55 on 06-Feb-2017.Last one week high and low of the scrip stood at Rs. 572.00 and Rs. 551.00 respectively. The current market cap of the company is Rs. 8757.83 crore.The promoters holding in the company stood at 62.85%, while Institutions and Non-Institutions held 32.35% and 4.80% respectively.Phoenix Mills has issued Commercial Papers (CPs) of Rs 75 crore on December 14, 2017. The tenure of the investment is 90 days and date of maturity will be March 14, 2018. The coupon interest offered will be 7.2% per annum.Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.
Phoenix Mills is currently trading at Rs. 552.50, up by 2.55 points or 0.46% from its previous closing of Rs. 549.95 on the BSE.The scrip opened at Rs. 556.65 and has touched a high and low of Rs. 556.65 and Rs. 552.20 respectively. The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 574.30 on 13-Jul-2017 and a 52 week low of Rs. 285.05 on 15-Nov-2016.Last one week high and low of the scrip stood at Rs. 560.00 and Rs. 499.15 respectively. The current market cap of the company is Rs. 8,457.00 crore.The promoters holding in the company stood at 62.86%, while Institutions and Non-Institutions held 32.43% and 4.72% respectively.Phoenix Mills’ wholly owned subsidiary - Market City Resources (MCRPL) has acquired 50% stake in Columbus Investment Advisory (CIAPL) on October 4, 2017 for a consideration of Rs 55.50 lakh. Consequent upon the aforesaid acquisition, CIAPL has become an associate of the company through MCRPL with effective from October 4, 2017.Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.
Phoenix Mills is currently trading at Rs. 508.85, up by 6.80 points or 1.35% from its previous closing of Rs. 502.05 on the BSE.The scrip opened at Rs. 500.60 and has touched a high and low of Rs. 510.05 and Rs. 500.60 respectively. So far 256 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 574.30 on 13-Jul-2017 and a 52 week low of Rs. 285.05 on 15-Nov-2016.Last one week high and low of the scrip stood at Rs. 515.00 and Rs. 491.20 respectively. The current market cap of the company is Rs. 7805.69 crore.The promoters holding in the company stood at 62.86%, while institutions and non-institutions held 32.43% and 4.72% respectively.Phoenix Mills has further acquired 0.80% equity stake of Vistra ITCL (India) (Vistra) on September 28, 2017 and 5.27% equity stake from IIRF Holdings X (IIRF) on September 29, 2017 in Offbeat Developers (ODPL). Subsequent to the above acquisitions, the shareholding of the company in ODPL has increased from 93.93% to 100% and ODPL has become a wholly owned subsidiary of the company.Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.
Phoenix Mills is currently trading at Rs. 493.95, up by 3.50 points or 0.71% from its previous closing of Rs. 490.45 on the BSE.The scrip opened at Rs. 500.00 and has touched a high and low of Rs. 501.90 and Rs. 490.00 respectively. So far 2539 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 574.30 on 13-Jul-2017 and a 52 week low of Rs. 285.05 on 15-Nov-2016.Last one week high and low of the scrip stood at Rs. 516.00 and Rs. 487.00 respectively. The current market cap of the company is Rs. 7562.29 crore.The promoters holding in the company stood at 62.86%, while institutions and non-institutions held 32.43% and 4.72% respectively.The Phoenix Mills (PML) has received Rating Upgrades for Long Term as well as Short Term borrowings from India Ratings and Research (Ind-Ra). The rating agency has upgraded the company’s Long Term Issuer Rating to ‘A+’ from ‘A’ indicating Stable Outlook and short Term rating too is upgraded from ‘A1’ to ‘A1+’ (the highest possible rating for Short Term) which will help the company in raising funds by the way of commercial papers at the least possible cost, any time in future. The Phoenix Mills (PML) is a leading retail mall developer and operator in India with approximately 6.0 million square feet of retail space spread across 8 malls in 6 gateway cities of India. PML is the pioneer of retail-led, mixed-use developments in India and has developed over 17.5 million square feet spread across retail, hospitality, commercial, and residential asset classes.
Phoenix Mills is currently trading at Rs. 506.65, up by 7.70 points or 1.54% from its previous closing of Rs. 498.95 on the BSE.The scrip opened at Rs. 515.75 and has touched a high and low of Rs. 515.75 and Rs. 505.95 respectively. So far 426 shares were traded on the counter.The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 574.30 on 13-Jul-2017 and a 52 week low of Rs. 285.05 on 15-Nov-2016.Last one week high and low of the scrip stood at Rs. 515.75 and Rs. 482.20 respectively. The current market cap of the company is Rs. 7755.13 crore.The promoters holding in the company stood at 62.86%, while Institutions and Non-Institutions held 32.43% and 4.72% respectively.Phoenix Mills has acquired entire shareholding of Fuhse River representing 0.45% equity stake in Vamona Developers (VDPL) on September 8, 2017. Consequent upon acquisition of the aforesaid shares, the company’s cumulative equity shareholding in VDPL has increased from 99.51% to 99.96%.Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.
Phoenix Mills is currently trading at Rs. 403.00, up by 2.10 points or 0.52% from its previous closing of Rs. 400.90 on the BSE.The scrip opened at Rs. 396.60 and has touched a high and low of Rs. 403.00 and Rs. 396.60 respectively. The BSE group `B` stock of face value Rs. 2 has touched a 52 week high of Rs. 445.00 on 08-Sep-2016 and a 52 week low of Rs. 285.05 on 15-Nov-2016.Last one week high and low of the scrip stood at Rs. 421.00 and Rs. 391.00 respectively. The current market cap of the company is Rs. 6,168.00 crore.The promoters holding in the company stood at 62.86%, while Institutions and Non-Institutions held 33.16% and 3.99% respectively. Phoenix Mills has acquired 1,691,270 equity shares of Offbeat Developers (ODPL) held by HBS Realtors representing 5.36% of total equity shareholding for a total consideration of Rs 29.28 crore on May 22, 2017. Consequent upon the aforesaid acquisition, the shareholding of the company in ODPL has increased from 83.59% to 88.95%.Phoenix Mills is engaged in property development in India. Its activities include planning, execution, and marketing of projects, property rental and management, and maintenance and sale of the completed properties.