India's Phoenix Mills rises on strong Q2 update

The Phoenix Mills

10/10/2023 05:14

** Shares of Phoenix Mills  PHOE.NS  up as much as 3.9% at
1,870 rupees 
    ** Real estate developer says its Q2 retail collections grew
23% YoY; total consumption up 20% YoY 
    ** Fourteen of 15 analysts rate stock "buy" or "strong buy",
while one recommends "hold"; median PT is 1,857 rupees - LSEG
data
    ** Including day's move, stock up ~31% YTD
    

 (Reporting by Kashish Tandon in Bengaluru)
 ((kashish.tandon@thomsonreuters.com))