INSUBCONTINENT EXCLUSIVE:
Jayesh Bhanushali of IIFL has a buy call on Phoenix Mills Ltd
with a target price of Rs 920.0
The current price of Phoenix Mills Ltd
is Rs 880.6 Time period given by the analyst is Intra Day when Phoenix Mills Ltd
price can reach defined target.Jayesh Bhanushali recommended to keep a stoploss at Rs 850
Phoenix Mills Ltd., incorporated in 1905, has a market cap of Rs 13510.95 crore
key Products/Revenue Segments include Licence Fees which contributed Rs 302.23 Crore to Sales Value (76.08 % of Total Sales), Others which
contributed Rs 50.90 Crore to Sales Value (12.81 % of Total Sales) and Service Charges which contributed Rs 44.07 Crore to Sales Value
(11.09 % of Total Sales)for the year ending 31-Mar-2018
For the quarter ended 30-09-2019, the company has reported a Consolidated sales of Rs 415.07 Crore, down -32.51 % from last quarter Sales
of Rs 615.04 Crore and up 2.55 % from last year same quarter Sales of Rs 404.74 Crore Company has reported net profit after tax of Rs 64.26
Kalkar, Mr.Shishir Shrivastava, Mr.Sivaramakrishnan Iyer, Ms.Shweta Vyas
Company has DTS - Associates as its auditors
As on 31-12-2019, the company has a total of 153,399,690 shares outstanding.