Shares of mall operator and real estate player The Phoenix Mills rallied nearly five percent in trade on Tuesday, September 2, after domestic brokerage Motilal Oswal upgraded the counter to 'buy,' citing a strong growth outlook.The broking house upgraded its rating on the stock, while hiking its target price to Rs 2,044, which indicated a 35 percent upside from current levels. At 9.55 a.m., shares...

Phoenix Mills Ltd. shares gained in trade on Tuesday, August 20, after the the Competition Commission of India (CCI) has approved Phoenix Mills Ltd’s proposed Rs 5,450 crore acquisition of a 49 percent stake in Island Star Mall Developers Pvt Ltd (ISMDPL).Phoenix Mills currently holds 51 percent in the joint venture, with the remaining 49 percent owned by Canada Pension Plan Investment Board (CP...

Let's catch up on the latest news from the stock market. From significant investments to major deals, order wins, acquisitions, and fund raising here’s a quick look at which stocks will be in focus in today's trade:Results TodayShanti Gold International, PVP Ventures, Morarjee Textiles, Picturehouse Media, and VXL Instruments will announce their quarterly earnings on August 20.Quarterly Earnings...

Mall operator Phoenix Mills Ltd shares tumbled into the red in the early session on Wednesday, July 9, after international brokerage Nomura initiated coverage on the stock with a 'reduce' call, given slowing growth and stretched valuations.Nomura issued shares of Phoenix Mills with a 'reduce' call and a price target of Rs 1,400, indicating an 11 percent downside from the previous session's closing...

The market extended its gains for the sixth consecutive session, with the Nifty closing 0.17 percent higher on April 22. Bulls continued to dominate, as reflected in the advance-decline ratio. A total of 1,657 shares saw buying interest compared to 938 shares that corrected on the NSE. The positive momentum is expected to persist in the upcoming sessions, despite potential consolidation. Below are...