Let's catch up on the latest news from the stock market. From significant investments to major deals, quarterly earnings, and appointments, here’s a quick look at which stocks will be in focus in today's trade:Western Carriers, GTPL Hathway, Kretto Syscon, Lotus Chocolate, Rhetan TMT, and Vivid Mercantile will release their quarterly earnings scorecard on October 9.Phoenix MillsThe company recor...

Phoenix Mills' share price gained 2 percent in the opening trade on October 9 after the company posted better numbers in September 2024.At 09:22 am, Phoenix Mills was quoting at Rs 1,690, up Rs 33.35, or 2.01 percent, on the BSE.In Q2 FY25, the company posted a 25 percent jump in its retail consumption at Rs 3,289 crore, while gross retail collections rose 27 percent to Rs 812 crore over Q2 FY24.I...

Shares of Phoenix Mills edged higher on July 9 after Morgan Stanley issued an overweight call with a target price of Rs 3,400 per share. Despite a slower-than-expected consumption growth in Q1FY25, the company has shown promising signs, the brokerage noted.At 11.25 am, shares of Phoenix Mills were trading 1.3 percent higher at Rs 3,803.30 on the National Stock Exchange (NSE). So far this year, the...

Mall developer Phoenix Mills Ltd. reported better-than-expected earnings performance on key parameters of revenue and Ebitda (earnings before interest, tax, depreciation and amortization) in the June quarter, which was aided by improving consumption at its malls.Total consumption in Q1FY23 at Rs21.90 crore was 123% of pre-covid quarter of Q1FY20. Consequently, incremental revenue share contributed...

Consumption at Phoenix Mills (PML) malls in Q1FY23 stood at Rs 21.6 bn—this is 121% of the pre-Covid Q1FY20 period (109% on a like-to-like basis). Retail collections during Q1 stood at Rs 5.3 bn (up 10.5% q-o-q). PML is also witnessing strong recovery in occupancy and ARRs in both of its hotels while traction in commercial leasing and residential sales is also on the rise. Consequently, credit r...