Phoenix Mills Ltd

2 published calls

• NuvamaBUY31 Jul 2026

  1,9112,495+30.6%

  Consumption at Phoenix Mills’ malls in Q1FY27 expanded 32% YoY and retail rental rose 17% YoY, driven by asset repositioning and steady urban consumption. We retain 'BUY' with a revised target price of INR2,495.

• Motilal OswalBUY30 Jul 2026

  1,9112,200+15.1%

  In 1QFY27, Phoenix Mills reported rental income of INR5.9b, up 17% YoY, while retail EBITDA stood at INR6.2b, up 17% YoY. Consumption increased 32% YoY to INR47.3b, driven by healthy traction across the operational portfolio.

Ratings and target prices as published by each firm. Each summary condenses that firm's stated view in its own note and is attributed to it; no report text is reproduced.